Be the first!
 
 
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.
 

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

King Teller K2(08) - Cash Recycling System

http://global.networldalliance.com/new/images/products/K208_100.gif

1148/King-Teller-K2-08-Cash-Recycling-System

NCR Cash Dispensers

http://global.networldalliance.com/new/images/products/ncr_cash_dispensers_100.jpg

1056/NCR-Cash-Dispensers

Physical & Electronic Security

http://global.networldalliance.com/new/images/products/Security_Night_Depository.jpg

779/Physical-Electronic-Security

ATM USA Uptime Guarantee

http://global.networldalliance.com/new/images/products/atmusa_wrap02_200.png

3753/ATM-USA-Uptime-Guarantee

ATM Island Identifiers

http://global.networldalliance.com/new/images/products/Island_Identifier_1.jpg

664/ATM-Island-Identifiers

KAL Security Solutions

http://global.networldalliance.com/new/images/products/KAL_Logo_SF100.gif

1129/KAL-Security-Solutions

KAL Kiosks/ Self Service Solutions

http://global.networldalliance.com/new/images/products/KAL_Logo_SF100.gif

587/KAL-Kiosks-Self-Service-Solutions

Fully Weatherized Freestanding Cash Dispenser NCR SelfServ™ 28

http://global.networldalliance.com/new/images/products/NCR_SelfServ_28_front_on_100v2.jpg

3711/Fully-Weatherized-Freestanding-Cash-Dispenser-NCR-SelfServ-28

Diebold Picker module Refurbished

http://global.networldalliance.com/new/images/products/DieboldPicker_100.gif

1206/Diebold-Picker-module-Refurbished

Triton 8100 ATM Machine | ATMoptions.com

http://global.networldalliance.com/new/images/products/Triton_8100.jpg

3771/Triton-8100-ATM-Machine-ATMoptions-com

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