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Head-to-head · Restaurant Payment Processing Software

Olo Pay vs Tyro Hospitality Payments

  • Updated Oct 2026
  • Both researched from official sources
  • 6 checks side by side
Higher score Olo Pay #4 in Restaurant Payment Processing Software 8.8/10 Pricing on request ✓ 5 of 5 features Visit Olo Pay
Tyro Hospitality Payments #11 in Restaurant Payment Processing Software 8.1/10 Paid ✓ 5 of 5 features Visit Tyro

Olo Pay leads on 0 checks, Tyro Hospitality Payments on 0, and 6 are even. Who comes out ahead on the 6 yes/no, price and count checks where we have data for both products. The editor score weighs everything else too.

Our verdict

  • Highest scoreOlo Pay · 8.8/10

Olo Pay scores higher on our rubric for restaurant payment processing software: 8.8 against 8.1 out of 10; our editors rank them #4 and #11.

On pricing model, Olo Pay gives you Custom_quote where Tyro Hospitality Payments offers Flat_rate.

Olo Pay is the better fit for restaurant groups wanting unified payment operations. Tyro Hospitality Payments is the better fit for australian restaurants needing unified EFTPOS.

  • Olo Pay fits best

    Restaurant groups wanting unified payment operations

  • Tyro Hospitality Payments fits best

    Australian restaurants needing unified EFTPOS

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Side by side

Feature Olo Pay 8.8/10 Visit ↗ Tyro Hospitality Payments 8.1/10 Visit ↗
At a glance
Editor score 8.8 8.1
Ranking #4 in Restaurant Payment Processing Software #11 in Restaurant Payment Processing Software
Best for Restaurant groups wanting unified payment operations Australian restaurants needing unified EFTPOS
Pricing model Paid Paid
Starting price Pricing on request —
Free plan Not checked yet —
Free trial — —
Deployment Cloud Cloud, Mobile
Platforms Web Web, iOS, Android
Support Tickets, Docs Phone, Docs · 24/7
Integrations 3 integrations 580+ integrations
Built for Mid-market, Enterprise Small business, Mid-market, Enterprise
Features Olo Pay 5/5 · Tyro Hospitality Payments 5/5
Card-present payments ✓ ✓
Online payments ✓ ✓
Tableside payments ✓ ✓
Mobile payments ✓ ✓
Reconciliation tools ✓ ✓
Specs
Pricing model Custom_quote Flat_rate
Our review
Pros
  • Combines online, in-store, mobile, offline, and pay-at-table payments
  • Centralizes reporting, reconciliation, refunds, and voids
  • Adds fraud prevention, digital wallets, EMV terminals, and encryption
  • Supports tableside payments, split bills, tipping and kiosks
  • Combines EFTPOS, QR ordering, online checkout and payment links
  • Offers reporting, unified settlements and least-cost routing
Cons
  • Pricing requires a custom quote through a sales-led process
  • Its positioning centers on multi-location and enterprise restaurant brands
  • Platform access is focused on web and API connections
  • No free plan is available
  • Standard transaction pricing is 1.3%
  • Designed for Australian hospitality businesses
Our verdict

Olo Pay is a restaurant-focused payment processing platform for multi-location and enterprise restaurant brands. It brings online and in-store payments into one operation, supporting card-present and card-not-present transactions,…

Read the review →

Tyro Hospitality Payments provides EFTPOS and online payment processing for Australian cafés, restaurants, bars and other hospitality venues. It is suited to individual venues and multi-location operators that want card-present payments,…

Read the review →
  1. Olo PayRestaurant Payment Processing Software 8.8Pricing on request
  2. Tyro Hospitality PaymentsRestaurant Payment Processing Software 8.1Paid

Strengths and trade-offs

  • Olo Pay — where it wins

    • Combines online, in-store, mobile, offline, and pay-at-table payments
    • Centralizes reporting, reconciliation, refunds, and voids
    • Adds fraud prevention, digital wallets, EMV terminals, and encryption

    Where it doesn't

    • Pricing requires a custom quote through a sales-led process
    • Its positioning centers on multi-location and enterprise restaurant brands
    • Platform access is focused on web and API connections

  • Tyro Hospitality Payments — where it wins

    • Supports tableside payments, split bills, tipping and kiosks
    • Combines EFTPOS, QR ordering, online checkout and payment links
    • Offers reporting, unified settlements and least-cost routing

    Where it doesn't

    • No free plan is available
    • Standard transaction pricing is 1.3%
    • Designed for Australian hospitality businesses
  • Olo Pay8.8/10 · Pricing on request

    A unified payment platform for restaurant groups managing online, in-store, and tableside transactions.

    Visit Olo PayFull verdict →
  • Tyro Hospitality Payments8.1/10 · Paid

    Unified EFTPOS and online payments for Australian restaurants and venues.

    Visit TyroFull verdict →

More comparisons

All restaurant payment processing software comparisons → · Full ranking →

Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

Last updated · How we research and update