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PayDay News | Australian Payments News

Cuscal and Tyro shares slip as RBA card reforms bite

Senior Business Correspondent
22 Oct, 2026
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Michael Sainsbury
Senior Business Correspondent
22 Oct, 2026
Add us as a preferred source on Google
A market analyst has flagged a 75% chance Square could leave ASX-listed Cuscal within five years, as Aussie underdog Tyro fights a price war against the big banks led by Westpac’s no-Amex 0.79% merchant rate.
Cuscal and Tyro shares slip as RBA card reforms bite
Cuscal MD Craig Kennedy, Chair Elizabeth Proust and Tyro’s Nigel Lee. Background generated by AI.

A market analyst has flagged a 75% chance Square could leave ASX-listed Cuscal within five years, as Aussie underdog Tyro fights a price war against the big banks led by Westpac’s no-Amex 0.79% merchant rate.

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