Tyro Payments Ltd Ordinary Shares

TYR: XASX (AUS)
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Tyro: Likely Able to Navigate Prospective Debit Surcharge Ban Without Significant Damage

We believe the negative share price reaction of no-moat Tyro to Labor’s planned ban on debit card payment surcharges is overly pessimistic. The proposed ban, subject to consultation with the Reserve Bank of Australia, could be introduced in early 2026.

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