Tyro Payments Ltd Ordinary Shares
TYR: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$6.50 | Bjmn | Jznvfydcbp |
We Expect Tyro to Deliver Maintainable Earnings Growth
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.