Tyro (ASX:TYR) share price flat on positive weekly EFTPOs update // Motley Fool Australia

Fintech EFTPOs provider Tyro Payments Ltd (ASX: TYR) has committed to providing the ASX market with weekly transaction value updates. In an unparalleled level of transparency, the company intends to provide weekly updates to the end of the calendar year. The Tyro share price has been trading in a sideways fashion after a V-shaped recovery between March and June. 

Positive trading update

The most recent update for the week ended 13 November might be Tyro’s most positive trading update since the initial COVID-19 outbreak in Australia. 

Tyro’s November transaction values have improved 15% on the prior corresponding month. This has been the greatest improvement in transaction values since February. The company’s year-to-date…