Yesterday’s Australian Financial Review had a good story about Tyro, the broadband based payments eftpos payments system now being used by close to 400 newsagents – page 18.
The newsagency channel is a developing success story for Tyro. From my own experience, in my newsagencies and through my software company, Tyro beats bank eftpos terminals for speed, accuracy and fees.
Two regular criticisms of the old Bill Express network was the need for additional computer hardware and speed. Tyro works for us on both fronts.
As critical mass grows in newsagencies I am certain we will see more uses for this network.
G`day Mark,
do you think Tyro will offer merchants first go at any initial public offering?
Cheers
Al
Allan,
While I have not discussed this with them, there is a precedent in other similar IPOs.
Thanks Mark.