I have been running Tyro broadband eftpos in my newsagencies for most of this year. In addition to reduced mistakes and faster processing (less than two seconds for approval), it is the reduction in bank fees which I really like. There is also the benefit for some newsagents of being able to cancel a phone line.
Tyro has been smart by not locking newsagents into a contract. This builds confidence and further demonstrates the difference between Tyro and the big (expensive) banks.
With more customers paying by card, efficiently managing the process of payment and achieving this with the least cost to be business possible is essential in businesses like ours where eftpos transactions could be for as little as $2.00.
The Tyro interface is available through Tower Systems and POS Solutions software.