One of Tyro’s key standout features is its ability to...

One of Tyro’s key standout features is its ability to dynamically surcharge credit vs debit cards. Here’s why this matters:

Automatically Adjusts Surcharges: Tyro’s technology can automatically differentiate between credit and debit transactions at the point of sale. This means you can apply different surcharges for credit cards (like Visa, MasterCard, and AMEX) while keeping debit card fees lower—or even surcharge-free if the RBA decides to change the laws in the future.

Compliance Simplified: With increasing regulatory pressure from the ACCC, businesses must ensure they’re not overcharging customers. Tyro’s dynamic surcharging ensures you only pass on the exact cost of the transaction, reducing compliance risks and avoiding hefty fines.

Cost Optimisation: By dynamically surcharging higher on credit cards while keeping debit card fees minimal, businesses can recover payment processing costs more effectively, improving their bottom line without burdening customers who use lower-cost payment methods.