Tyro

Tyro is an Australian payments company that supplies EFTPOS card terminals and a phone-based tap-to-pay option, plus online payments, business banking and accounting software. For restaurants, cafes, bars and bakeries the terminals connect to a POS and offer pay-at-table, split bills, tipping and a custom welcome screen. It sells to Australian businesses across hospitality, retail, services and health.

Last reviewed

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Home page of Tyro's website
Tyro's website on 30 September 2026
Best for
Australian cafes, restaurants, bars, pubs and bakeries, Franchise networks in Australia
Pricing
Percentage of sales plus terminal rental
Runs on
Web, iOS, Android

Who it is for

  • Australian cafes, restaurants, bars, pubs and bakeries

    Tyro has a hospitality page with terminal features for busy venues, and says its terminals integrate with 580+ POS/PMS providers.

  • Franchise networks in Australia

    Multi-site reporting, single settlement across locations and a franchise page that names a partnership with the Franchise Council of Australia.

Less suited to: Businesses outside Australia. Tyro's pages describe its offer, support hours and customers as Australian.

What it does

  • Integrated EFTPOS terminals

    Tyro Pro Touch, Pro Key and Pro Lite terminals connect directly to a POS, or run as stand-alone payments.

  • Pay@Table

    Lets customers pay at their seat with the terminal brought to the table.

  • Split bills

    Lets customers split a bill on the terminal without an extra charge, according to Tyro.

  • Tipping

    Tipping on the terminal, either as a dollar amount or a percentage.

  • Custom welcome screen

    The terminal welcome screen can show the venue's brand or loyalty programs.

  • Tap & Save (least-cost routing)

    Routes card transactions through the least-cost route automatically.

  • Tap to Pay on phone

    Accept card payments on an iPhone or Android phone with no terminal hardware (Tyro BYO App).

  • Online payments and payment links

    Online checkout and payment links, with in-store and online payments settled and reported together.

  • Online ordering and self-serve kiosk payments

    Payments for ordering by table QR code, an app or a website, and for self-serve kiosks.

  • Multi-site reporting

    Reports on transactions and payment activity across one or more locations.

  • Business banking and accounting

    A business transaction account, term deposits, loans and Tyro Accounting for bookkeeping, invoicing and tax.

Pricing

Pricing model
Percentage of sales plus terminal rental
Minimum contract
No lock-in contract (per Tyro)
Free plan
No

The page shows only a $ sign, so the currency is shown as $ and is presumably Australian dollars, which the page does not say. Standard pricing is a 1.3% transaction fee with monthly rental of $19 for Pro Lite and $29 for Pro Touch and Pro Key; Tyro BYO App on a phone is $0 rental. A custom quote is offered above $20k a month. An intro offer of a 1% fee (and $0 rental on the terminals page) runs until 31 March 2027 with eligibility criteria. Tyro says there are no lock-in contracts, joining fee or cancel fees. No starting price is shown because the $19 figure could not be confirmed.

How it compares

Compared with the 12 products in Payment Processing for Food Businesses that have a profile on this site. These figures describe the category. They are not a recommendation.

  • Does not have a free plan. 1 of the 2 products in this category that say whether they have a free plan do.
  • One of 7 products in this category with an iOS app. One of 8 products in this category with an Android app. 10 products in this category state their platforms.

Where and how it runs

Available in
Australia
Platforms
Web, iOS, Android
Apps
Tyro App: Access a Tyro account on the go
Hardware
Tyro Pro Touch (6 inch touchscreen), Pro Key (4 inch touchscreen with keypad) and Pro Lite (5 inch touchscreen) EFTPOS terminals with WiFi, ethernet option and mobile network back-up; Tap to Pay needs only a phone.

Tyro's pages describe its customers, support team and offer as Australian; no wider country list is given.

The company

Founded
2003
Headquarters
Australia
Founders
Paul Wood, Peter Haig, Andrew Rothwell
Team size
500+ (per the vendor's About page)
Customers named by the vendor
Angry Gnome, Jaycar, Olivetta

Security and support

Support
Phone support 7am to 9pm, 7 days a week (Sydney time), with an emergency option for 24/7 help on critical issues, plus a help centre, set-up guides and a request form.

Listing details

Built for
Cafés, Restaurants
Focus
General-purpose, used in food businesses
Status
Active
Website
tyro.com
  • Adyen for Restaurants

    Adyen is a payments company whose in-person platform provides card terminals, acquiring and reconciliation in one place.

    Listed as best for: Enterprise restaurant chains and franchises; Restaurant software platforms.

  • PayTabs

    PayTabs is a payments company serving the Middle East and North Africa.

    Listed as best for: Restaurants, cafes and hotels in Saudi Arabia, the UAE and Egypt; Small merchants and mobile food sellers in the region.

  • Yoco

    Yoco is a South African payments and point-of-sale provider for small businesses.

    Has a free plan. Tyro does not.

  • Pesapal

    Pesapal is a payments company in East and Southern Africa that offers card and M-Pesa acceptance on POS machines, online payments and business loans.

    Runs on Web, against Web, iOS and Android for Tyro.

What we could not confirm

These points were not confirmed when this page was written.

  • Currency name for the $ prices
  • Legal entity, registration and headquarters city
  • Funding
  • Security certifications
  • Interface languages
  • Full list of the 580+ POS partners

Sources

Facts on this page come from the pages below, checked on 29 September 2026. Prices and features change, so confirm with the vendor before you buy.

  1. Hospitality features and integrationshttps://www.tyro.com/industries/hospitality/
  2. Pricinghttps://www.tyro.com/merchant-payment-costs/
  3. Terminals and intro offerhttps://www.tyro.com/payments/in-person/eftpos/
  4. POS partner listhttps://www.tyro.com/pos-partners/
  5. Franchise featureshttps://www.tyro.com/industries/franchises/
  6. Company history and sizehttps://www.tyro.com/about-tyro/
  7. Support hours and portalshttps://www.tyro.com/support/