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Tyro (ASX:TYR) on notice for illegal acts – The Motley Fool Australia
The payment fintech company sent more than 150,000 illegal messages over email and SMS. Now it’s submitted to a court-enforceable undertaking to fix up its act.
Tyro Payments Ltd (ASX: TYR) has accepted a 2-year court-enforceable undertaking to remedy breaches of the Spam Act.
An Australian Communications and Media Authority (ACMA) discovered the fintech illegally sent more than 150,000 spam email and text messages in the last 2 years.
The communications breached the law because they didn’t include an unsubscribe function.
ACMA deputy chair Creina Chapman said the entire finance sector is on notice after Tyro’s breach.
“Australians should not receive marketing…
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