The US' largest independent multi-biller web
based bill pay portal is now connected with the US' largest walk-in
bill payment network to create a seamless in-person to online user
experience for consumers
VANCOUVER and SAN FRANCISCO, May 17,
2016 /CNW/ - TIO Networks Corp., (TSX-V: TNC) ("TIO"),
North America's leading
cloud-based bill payment processor today announced the launch of
TIO.com, a mobile optimized web portal where consumers can pay
bills in less than a minute from any Internet enabled device.
TIO.com offers access to over 9,000 common U.S. household and
consumer bills, ranging from utility, telecom, auto, mortgage,
cable, satellite, and much more.
TIO.com is the Company's first TIO branded direct-to-consumer
web payments experience. It offers users the ability to safely
store account information and payment history in the TIO cloud or
to make quick, one-time payments without registering. Payments can
be made with debit, credit or prepaid cards.
"The rebrand of Chargesmart.com as TIO.com is a strategically
important milestone for TIO. We now have a TIO branded
consumer experience, seamlessly connecting physical and virtual
bill pay destinations," said Jake
Cunningham, VP of Consumer Payments at TIO Networks. "Since
acquiring ChargeSmart.com in 2014, it was a natural progression to
cohesively integrate in a way that improves user experience across
every touch point."
Chargesmart.com has processed more than $1.2B in online payments alone since its
inception in 2008. Once coupled with TIO's walk-in bill
payment network, which processes more than $8B in payments annually, it will be a unique
platform that services a significant number of people who are
paying bills outside of mainstream banking channels.
"Consumer demand is growing for simplified ways to pay bills,
particularly from the underbanked and low-to-moderate income
population whose options are limited." said Hamed Shahbazi, CEO of TIO Networks. "Our vision
is to evolve TIO.com into a direct-to-consumer financial leader
with bill pay serving as a primary and fundamental service
offering. Our plan is to add incremental and contextually
relevant services and expand to new geographies in the
future.
The launch of TIO.com follows the recent acquisition of Softgate
Systems, Inc., making TIO the largest, fully licensed provider of
walk-in bill pay services in the U.S. Consumers can pay bills in
cash at over 66,000 locations throughout the U.S.
"We're dedicated to creating a bill pay experience that
integrates physical and digital experiences, making it easy for
consumers to move from bricks-to-clicks and clicks-to-bricks
wherever and whenever they need to, and TIO.com achieves this."
said Shahbazi.
For more information on TIO Networks or TIO.com, visit
www.tionetworks.com and www.tio.com.
About TIO Networks
TIO Networks is a cloud-based multi-channel bill payment
processing and receivables management provider, serving the largest
telecom, wireless, cable, and utility bill issuers in North America. TIO integrates with the back
office of billing systems to accept, validate, and collect payments
outside of the traditional bank channel, via self-service kiosk,
retail walk-in, mobile, and web solutions. With over 66,000
endpoints in its processing network, TIO symbolizes fast,
convenient, and secure access to expedited bill payment
services.
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does not accept responsibility for its adequacy and accuracy.
SOURCE TIO Networks Corp.