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Tyro Payments Ltd: Segment Analysis

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Business Description

Tyro Payments Ltd (Tyro) develops and offers integrated cloud-based integrated electronic funds transfer at point of sale (EFTPOS) banking solutions to small and medium scale enterprises. The company’s EFTPOS platform features include card acceptance, dynamic currency conversion, dynamic surcharging, security, and fraud prevention. As of June 30, 2021, the company had total assets of AUD396.1 million.

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Business Segments

Overview

Provides banking-related complementary services to merchants. Revenue is earned through fees charged on loans.

Performance

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Overview

Includes investment income and activities that are not included in other segments.

Performance

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Overview

Procures automated payment transactions from merchants. Revenue is earned through fees charged for processing the transactions, terminal rental income, sales of terminal accessories, and other fee income.

Performance

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