Ten easy steps to pick the right eftpos machine for small businesses

Choosing the best eftpos machine for a small business is more than just a technical decision – it’s a critical step in building a seamless and efficient payment experience for your customers.

Whether you run a bustling cafe, a retail store, or a mobile service, having a reliable, fast and secure payment solution is essential to keeping operations smooth and customers satisfied. But with so many options available, how can you identify the one that’s best suited to your needs?

1. Assessing your business needs

Understanding your business’s unique requirements is the first step to finding the ideal eftpos solution. From the size of your operations to the way your customers prefer to pay, each factor plays a role in determining what will work best for your business.

Tyro provides eftpos machines designed to meet the specific needs of industries like retail, hospitality and services. From portable devices to fully integrated systems, Tyro ensures every small business can access seamless payment solutions. 

2. Identifying your business type and transaction volume

Different industries have unique demands when it comes to payment processing:

• Hospitality businesses may need portable machines for tableside payments.
• Retail stores benefit from fast, integrated eftpos to handle high transaction volumes.
• Mobile service businesses require lightweight, portable options with a robust design and a long battery life.

3. Understanding costs and pricing models

We understand that cost is a key consideration for small businesses, especially in today’s challenging economic climate. With inflation, rising operating costs, and changing consumer behaviour all putting pressure on margins, flexibility matters more than ever. 

To ease the situation, Tyro offers both rental and purchase options to suit different budgets and business needs:

• Renting: Lower upfront costs and the ability to upgrade to the latest models.
• Purchasing: Ideal for long-term cost savings if your business prefers to own its equipment outright.

Tyro’s merchant payment costs page provides detailed insights into payment processing fees.

4. Reducing transaction costs with Tyro

With features like least-cost routing, Tyro helps small businesses minimise transaction fees by routing payments through the most cost-effective network. For additional tips on saving money, check out three strategies for reducing card transaction fees.

With Tyro’s eftpos solutions, you can accept all major cards, including American Express, at one simple rate, making it easier to cater to a broader customer base without worrying about complex fee structures.

Also, accepting Amex can help small businesses as Amex card members report spending 2.7 times more than non-Amex card members, indicating a higher potential revenue per customer for your business. If you’re interested to know more about the benefits of accepting Amex, click here.

Contactless payments and mobile compatibility

In today’s market, supporting contactless payments is non-negotiable. Tyro’s eftpos machines enable:

• Tap-and-go payments for faster transactions.
• Mobile wallet compatibility with Apple Pay, Google Pay, and Samsung Pay.
• Accept all major credit and debit cards.

5. Evaluating integration options

Integrated eftpos machines are a game-changer for small businesses, helping reduce errors and save time. Tyro’s devices integrate with over 450+ POS systems, offering:

• Automatic reconciliation.
• Reduced manual data entry errors.
• Faster checkout times.

Learn how Tyro’s integrated eftpos solutions can streamline your operations.

6. The importance of reliability and speed

Slow or unreliable payment systems can frustrate customers and disrupt business. Tyro’s eftpos machines are designed for high reliability, offering:

• Fast transactions to reduce wait times.
• Backup options, like mobile failover, to ensure uptime during outages.

7. Prioritising security and compliance

Tyro ensures your customers’ sensitive payment information is protected with cutting-edge security features. All Tyro eftpos machines meet strict PCI DSS standards, providing small businesses with peace of mind when it comes to data security.

8. Considering ease of use and portability

For businesses that operate outside traditional storefronts, portability is key. Tyro Pro is a lightweight, portable eftpos option perfect for small businesses on the move with all-day battery life.

Alternatively, explore Tyro Pro Key, designed with a tactile keypad and a touchscreen. offering seamless POS integration.

9. Reviewing customer support and service options

Running a small business means you need support when you need it most. Tyro offers:

• Dedicated customer service that is available 24/7.
• Local experts to ensure personalised support.

Why Tyro is the best choice for small business eftpos solutions

Tyro is committed to empowering small businesses with payment solutions that deliver reliability, speed and security. From seamless integrations to offering tailored devices like Tyro Pro Touch and Tyro Pro Key, Tyro ensures your business has everything it needs to thrive.

• To find out more about the benefits of accepting payments with Tyro and Amex, click here. Terms, conditions and exclusions apply.

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