The partnership supposes that Tyro will become the sole merchant acquiring partner for the bank’s small business (SME) clients. As part of the alliance, a co-branded system has been developed called ‘Bendigo Bank EFTPOS/ecommerce powered by Tyro’, according to www.electronicpaymentsinternational.com.
The solution combines the bank’s distribution channels, geographic footprint, and relationship-focused business banking capability with Tyro’s merchant acquiring technical know-how. The partnership will give the bank’s customers access to a full suite of products from Tyro.
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