We are seeing more evidence of our fast broadband eftpos interface with Tyro driving sales growth. Several of our retail partners have shared anecdotes of customers who made a second purchase after the sale was processed – a purchase the retailer would have expected to lose because of the slower dial-up eftpos terminal from their bank. In each case, the retailers are busy and serving a time-poor customer pool. A delay in processing can cause the sale to be lost.
Thanks to our smart integration with Tyro, we are seeing eftpos approvals completed in one or two seconds – dramatically faster than is usually achieved with a bank terminal. The retailers we have spoken with love the speed of Tyro and the sales they can quickly close as a result.