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Tyro Payments Ltd. ( (AU:TYR) ) has issued an update.
Tyro Payments has welcomed the Reserve Bank of Australia’s conclusions from its review of merchant card payment costs and surcharging, arguing the reforms align with its transparent pricing model and strengthen its competitive position. The company said the measures, which remove card surcharges and lower interchange caps from October 2026 while mandating fee disclosure by major acquirers from April 2027, will reduce costs for consumers, simplify pricing for small businesses and create new opportunities as merchants reassess providers, without affecting Tyro’s current financial guidance or medium-term targets.
The most recent analyst rating on (AU:TYR) stock is a Hold with a A$0.82 price target. To see the full list of analyst forecasts on Tyro Payments Ltd. stock, see the AU:TYR Stock Forecast page.
More about Tyro Payments Ltd.
Tyro Payments Limited is an Australian payments company that provides electronic payment solutions to merchants, with a particular focus on small businesses. The company offers terminal and acquiring services across major card schemes and emphasises vertical-specific solutions with clear, transparent pricing structures tailored to merchants’ needs.
Average Trading Volume: 1,448,590
Technical Sentiment Signal: Sell
Current Market Cap: A$408.9M
For an in-depth examination of TYR stock, go to TipRanks’ Overview page.