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Tyro Payments – Investigation

13 January 2021

Media Release

Bannister Law Investigates Claim on behalf of Business Owners & shareholders against Tyro Payments Limited.

Bannister Law is investigating potential claims from many businesses, that have been unable to accept Eftpos payments in their business with the use of its Tyro eftpos terminal, against Tyro Payments Limited.

Tyro is the largest provider of EFTPOS service other than the banks to over 32,000 Australian Businesses.

Tyro claims;

We connect simply with your existing systems and Xero Software but also offer a world of possibility by connecting
customers with innovative software and apps that help build business

Our Smart technologies are easy to use and designed to save our customers time and money,…”

Bannister Law is also considering at any potential shareholder claims against the publicly listed company following its share price fall when some terminals became “bricked” from a “configuration issue” over the last two weeks. Bannister Law is seeking the registration of shareholders in the company as well as business owners.

Some businesses have been left with the woefully inadequate situation of accepting cash payments only, losing essential revenue. In this difficult time, they require every cent to survive and pay their overheads.

Bannister Law is seeking registrant business owners & operators that have incurred loss through them being unable to use the terminal supplied to them to accept payments in their businesses and encourage them to enter their information so that we may better understand what has occurred in an effort to assist recover any losses.