Tyro Payments Ltd Ordinary Shares
TYR: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$3.10 | Lfrx | Mkgzbppf |
Financial Technology Is More Than Buy Now, Pay Later: Presenting Tyro, a Structural Growth Story
Business Strategy and Outlook
Tyro Payments provides merchants with the required infrastructure to accept electronic payments, as well as business banking products. It is the fifth-largest merchant acquirer in Australia by terminals, behind the major four banks. The firm mainly caters to small to medium-size enterprises in the hospitality, retail and health sectors. It is also expanding into adjacent verticals like trade, accommodation and services.