So they are competing directly against Square??? They also only charge a commission on transaction...
Plenty of experience working with terminals from the big 4 and have to 100% confirm that Tyro terminals are the fastest...
IMO SMB need to crunch the numbers to see if higher per trans merchant fee can outweigh time lost due to slower payment clearance....
per trans - the fee is basically double what the big 4 charge... (unless this price is also the same for premium VISA & mastercard, AMEX etc)
Tyro - Business feedback, page-28
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