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An announcement from Tyro Payments Ltd. ( (AU:TYR) ) is now available.
Tyro Payments Ltd has expressed support for the Reserve Bank of Australia’s proposed updates on merchant card payment costs and surcharging, which aim to enhance transparency and reduce costs for consumers and merchants. The company views these reforms as beneficial for small businesses and sees potential opportunities for itself, urging the RBA to implement the changes swiftly.
The most recent analyst rating on (AU:TYR) stock is a Sell with a A$0.80 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 Ltd, established in 2003, provides payment solutions to over 71,000 merchants across Australia. The company offers in-store, online, and mobile payment services, focusing on sectors such as hospitality, retail, services, and health. Tyro collaborates with over 700 partners to deliver integrated banking and lending solutions, aiming to simplify business transactions and unlock business potential.
Average Trading Volume: 1,904,020
Technical Sentiment Signal: Hold
Current Market Cap: A$486.1M
Find detailed analytics on TYR stock on TipRanks’ Stock Analysis page.