Claimants Sought for Possible Tyro Payments Class Action
An investigation of claims is underway as Bannister Law Class Actions determines whether a class action against Tyro Payments Limited is warranted. Tyro is a powerhouse provider of payment acceptance logistics, currently serving more than 32,000 businesses in Australia. Bannister Law details that in January of this year, many businesses have been unable to utilize Tyro’s services due to connectivity issues on Tyro’s end. This left businesses unable to accept credit or debit card payments—drastically reducing revenue and depleting consumer confidence. Those whose businesses have been impacted by Tyro are being asked to sign up as potential claimants in the class action. There is no cost to potential claimants as Court House Capital is funding the action. Compensation may include damages for:
- loss of sales revenue
- losses and damages suffered when seeking replacement services
- loss of service fees for services not provided
- loss of goodwill and customer satisfaction
- Tyro breached statutory warranties, which imply that services will be provided with appropriate skill and care.
- The services provided are unacceptable and do not achieve their intended purpose.
- Any reasonable consumer would be dissatisfied with the services provided by Tyro, and that the company is in breach of contract.
- Tyro stated that its services have less than .1 percent of downtime, which was not accurate for many impacted customers.