"Tyro / Square / CBA now make money by lending to their customers through the terminals."
So, not free then; the customer is paying a fee somewhere, albeit indirectly in the form of interest being charged on the loans that they take out in conjunction with the terminal.
I have no dog in this fight so I'm not trying to be a wiseguy; i am simply trying to understand the essence of the economics of this industry, which lies in the answer to this question:
"If the cost for the use of a terminal is really to be free, why would anyone manufacture and supply terminals?"
There has to be a cost involved, surely.
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TYR Price at posting:
76.5¢ Sentiment: None Disclosure: Not Held
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