Displaying items by tag: Jost Stollmann

Thursday, 01 December 2016 00:37

Xmas, New Year spending to hit $100 billion: Tyro

With Christmas and the year’s end there’s always a swag of reports about festive season spending. In a new report from EFTPOS payments provider Tyro, Australians are forecast to make 1.5 billion transactions between now and the end of the January post-Christmas sales – peaking at an estimated 85,000 transactions per minute - and amounting to a six week $100 billion spending spree.

Published in Strategy
Friday, 21 October 2016 17:44

Telstra digital chief now Tyro top man

Former Telstra digital chief Gerd Schenkel is the new boss of payments processing company Tyro, taking over from founder and largest shareholder Jost Stollmann.

Published in People Moves

Banking inefficiencies and red tape are costing Australia’s small and medium-sized businesses and the economy billions of dollars every year, according to newly published research from Eftpos payments provider, Tyro.

Published in Strategy

Australia could become the FinTech Hub of Asia within years if the Federal Government proceeds with its range of reforms announced by the Treasurer Scott Morrison today, according to EFTPOS payments provider Tyro.

Published in Government Tech Policy

Card payments provider Tyro Payments wants the Reserve Bank to take further action to eliminate interchange fees which banks and other financial institutions charge each other for processing credit and debit card transactions.

Published in Strategy
Monday, 30 November 2015 12:24

Tyro secures A$100 millon to fund expansion

Eftpos provider Tyro Payments has raised $100 million to fund the next stage of its expansion and accelerate new product development.

Published in Strategy
Friday, 11 September 2015 16:52

CBA outage comes under fire from Tyro

The Commonwealth Bank has copped a spray from Tyro over the latest of a string of outages of its online services, with the upstart payments provider saying it’s about time Australia’s banking system adopted world’s best practice and invested in state of the art systems required for the 21st century.

Thursday, 04 June 2015 16:24

Tyro, PayPal deal benefits SMEs

EFTPOS provider Tyro says half a million Australian small and medium sized businesses can now accept mobile payments in-store from millions of PayPal users through its new partnership with the global payments giant.

Published in Mobility

EFTPOS Payments provider Tyro Payments wants the fees banks and other financial institutions charge each other for processing credit and debit cards to be abolished.

Published in Strategy
Wednesday, 01 April 2015 13:44

Tyro opens first Fintech hub in Sydney

EFTPOS payments company TYRO has opened a new hub for financial technology startups in Sydney.

Published in Strategy

Tyro Payments CEO Jost Stollmann claims low income Aussies are paying up to $500 million a year in unnecessary credit and debit card fees to subside richer Australians due to what he says are “hidden billing practices” of the largest banks.

Published in Market

Merchant EFTPOS payments company Tyro Payments has called for an inquiry to be held into why Australia’s SMEs are being charged what it claims is up to 10 times more than big business for processing credit and debit card transactions.

Published in Market
Friday, 07 February 2014 15:17

Rebecca Dee-Bradbury joins Tyro Payments board

Prominent businesswoman Rebecca Dee-Bradbury has been appointed to the Board of merchant EFTPOS payments company Tyro Payments.

Published in People Moves

Merchant EFTPOS payments provider Tyro says the move this year to mandatory PIN codes instead of signatures on credit and debit card purchases will better protect consumers and help stamp out card theft and skimming.

Published in Security

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