Tyro Payments Ltd Ordinary Shares

TYR: XASX (AUS)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
A$6.90KfnycFztllbjc

We See Value in Tyro Due to Its Increased Utility to Merchants

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.

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