In the next 12 months finacials should show improvement IMO, longer term Merchant retention may be an issue.
Depends on how many Merchants shop around and how many stay.
What I liked about using the Tyro portal was the ability to log into Tyro and monitor daily transactions. Fees detailed on individual transactions. The system will generate Daily and monthly reports, transparent cost breakdown.
Unfortunately now too expensive for my business, when I can save $8K per year on transaction fees.
The big question is how many Merchants absorb, pass on the costs and how many leave to a competitor.
TYR Price at posting:
89.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)