More Payments powered by Tyro
Save with Tyro’s
Tap & Save 1
Tap & Save is Tyro’s version of least-cost routing – this feature could help reduce your payment fees for Tap & Go debit card transactions. Tap & Save automatically routes eligible Tap & Go debit card transactions through the cheapest network. As an average, Tyro Tap & Save saves eligible customers 8.1% on Merchant Service Fees2
Get integrated EFTPOS
By integrating your EFTPOS with your Point of Sale you can help reduce keying errors, simplify your end-of-day reconciliation. and keep queues short with speedy transactions. Tyro integrates with over 300 Point of Sale/Practice Management Software providers.
Transaction data in
the mobile app
No matter where you are or what time zone you’re in, you can gain rapid insights into your business with the Tyro Portal or the Tyro App. Access live EFTPOS and eCommerce transaction data using the mobile app. Helps you know exactly how you’re performing from anywhere.
Tyro Bank Account
A fee-free Tyro Bank Account will help you earn interest on your income. With EFTPOS funds paid seven days a week at a time of your choosing from 8pm – 5am when you settle funds to your Tyro Bank Account3. With full integration to Xero and real-time notifications your business will be operating more efficiently than ever.
What are Tyro's Merchant Service Fees?
How do I get started with Tyro EFTPOS?
Tyro is easy with a simple signup process. You will usually receive your EFTPOS machine within seven to ten business days after your application has been approved by Tyro. To speak with one of More Payments' Sales Executives please give us a call on 1800 338 767 Mon-Fri - 9.00am - 5.00pm (AEST) and More Payments will walk you through a simple application process. Once your application is approved by Tyro, it can be as quick as two to three business days for approval by Tyro (if Tyro has received all the required information) and a further five to seven business days for your EFTPOS machine to be configured and delivered. Upon delivery it is a quick and simple setup.
Does Tyro accept all payment types?
Tyro accepts all major debit and credit card types, including Visa, Mastercard, eftpos, American Express, Diners Club, JCB, and UnionPay. Tyro also accepts Alipay. Additionally, the EFTPOS machines provided by Tyro accept digital wallets like Apple Pay, Google Pay, and Samsung Pay as long as an accepted card type is loaded onto the wallet. For American Express and JCB, if eligible, you can choose Tyro to settle these schemes. Otherwise, simply provide Tyro with your existing American Express merchant number and your settlements will be deposited into the bank accounts you have registered with them. For Diners Club, simply provide Tyro with your existing merchant number and Tyro will continue to settle into the bank account you have registered with them.
Do I need to change banks?
Will I incur a break fee from my current EFTPOS provider?
How long will it take to deposit my funds into my bank account?
Tyro will submit your daily EFTPOS machine settlement to your nominated bank account every business day. On weekends and public holidays, your settlement will be sent to your nominated bank account the next business day. This will mean your funds will typically be in your account within 24 to 48 hours.
How flexible is my contract with Tyro ?
With Tyro EFTPOS, there is no lock-in contract, no set-up fees, no cancellation fees and no break or exit fees. All you pay is your Merchant Services fees and EFTPOS machine rental. This means you can test Tyro's EFTPOS solution and make sure it works for your business.
What is Tap & Save?
Tap & Save is commonly known as “least-cost routing”. This allows Tyro to redirect eligible debit card transactions through the network with the lowest cost. As an average, Tyro Tap & Save saves eligible customers 8.1% on Merchant Service Fees.