0 Comments
BURNABY, British Columbia - Tio Networks Corp. has announced a deal with Dollar General to test by the end of the year hybrid ATMs at 52 locations in Tennessee. Tio's hybrid ATM combines the functionality of a traditional cash-dispensing ATM with a cash-accepting financial-services kiosk.
 
The hybrid platform enables customers to make ATM cash withdrawals using debit or credit cards, pay bills, purchase prepaid wireless, and a host of other functions.
 
The hybrids used for this deployment are the Mini-Bank 4000 series ATM and cash-accepting sidecar developed by Fremont, Calif.-based Tranax Technologies Inc. Tio will process transactions, except for traditional cash withdrawals, associated with the hybrid.
 
Patrons can pay bills by leveraging Tio's real-time intelligent links with a number of telecommunications, cable and utilities companies in the United States. Customers can feed their cash directly into the hybrid's note acceptor and complete financial transactions by either printing or e-mailing their receipts.
 
According to a news release, Tio and Dollar General will share the service fees generated from both the ATM and financial-service transactions.
 
The hybrids leverage the reverse vault cash methodology jointly pioneered and patented (under pending status) by Tio and California-based Palm Desert National Bank, which provides all vault cash, reverse vault cash, back-office settlement and sponsorship services.
 

Related Content

Reader Comments

Add a Comment

We welcome your thoughtful comments. All comments will display your real name.

Want to participate in the discussion?

Or log in for complete access.

  • Clear
  • Post
Be the first to post a comment for this story.
Products & Services

NCR Total ATM Services

http://global1.networldalliance.com/new/images/products/4734.png

4734/NCR-Total-ATM-Services

Depository ATM

http://global1.networldalliance.com/new/images/products/Itautec_IW1301.gif

736/Depository-ATM

V1000 M2M Router – Cost-Effective Wireless Gateway

http://global1.networldalliance.com/new/images/products/4364.png

4364/V1000-M2M-Router-Cost-Effective-Wireless-Gateway

ATM Cabinets

http://global1.networldalliance.com/new/images/products/4292.png

4292/ATM-Cabinets

NCR Cash Recycler

http://global1.networldalliance.com/new/images/products/NCR_Cash_Recycler_100.gif

935/NCR-Cash-Recycler

Check Deposit Kiosk - ProCash 3000

http://global2.networldalliance.com/new/images/products/ProCash3000_sm.jpg

164/Check-Deposit-Kiosk-ProCash-3000

Cryptera UPT 7000

http://global1.networldalliance.com/new/images/products/4080.png

4080/Cryptera-UPT-7000

Contour Direct-Connect Cellular Service

http://global2.networldalliance.com/new/images/products/productlogo.gif

1130/Contour-Direct-Connect-Cellular-Service

Advisory Services

http://global2.networldalliance.com/new/images/products/4517.png

4517/Advisory-Services

Card Readers- New and remanufactured to OEM Specification

http://global2.networldalliance.com/new/images/products/446.png

446/Card-Readers-New-and-remanufactured-to-OEM-Specification

Diebold Incorporated
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.