Business
Here’s why the Tyro (ASX:TYR) share price is in focus today
The Tyro Payments Ltd (ASX: TYR) share price is one worth watching in early trade today. All eyes will be on the Aussie payment solutions provider after the company released an update regarding its terminal connectivity saga.
Why is the Tyro share price in focus?
Wednesday evening saw Tyro provide a final status update on its terminal connectivity issue. The issue first came to light on 7 January 2021 and has been the subject of much attention, pushing the Tyro share price down 24.7%.
Tyro reported that the number of terminals connected to its network has now returned to pre-incident levels. This was confirmed by real-time monitoring data of terminals connected to Tyro’s switch engine over the last month.
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