Tyro Payments Ltd Ordinary Shares

TYR: XASX (AUS)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Tyro Shares Are Undervalued

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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