Tyro Payments is finally trading in the black, more than seven years after setting out to penetrate the business of processing credit and debit card payments for merchants.Tyro yesterday publicised some financial highlights for the half year to December 2012. Its net profit was A$1.18 million on turnover of $18.7 million.Over the full year to June 2012 Tyro recorded a loss of $528,000 on turnover of $28.4 million.Tyro said it processed $2.0 billion in purchases over the six months to December 2012, about 50 per cent greater than in the same period in 2011.It has 7310 merchants and operates more than 10,000 Eftpos terminals.Accumulated losses for Tyro still exceed $27 million, equal to more than 80 per cent of the share capital.