Elan728x90

0 Comments

ORLANDO, Fla. - Burnaby, British Columbia-based Tio Networks Corp. and Fremont, Calif.-based Tranax Technologies have formed a partnership to deliver new self-service automated kiosks to Presto Convenience Stores, a reseller of ConocoPhillips products and services. (Read also, Tranax wants to be first to ride wave of change.)

According to a news release, the stand-alone kiosk and ATM-hybrid models were demonstrated at last week's Conoco Phillips Conference in Orlando, Fla. The kiosks allow customers to receive cash, pay bills and buy pre-paid cards.

"There is a tremendous opportunity for retailers to develop bill payment and other financial services for the non-cash customer," said Hamed Shahbazi, chairman and chief executive of Tio Networks. "Self-service kiosks increase customer satisfaction and transactions, and reduce convenience store costs."

Tranax, which was recently selected by market researchers Frost & Sullivan for its impressive growth strategy in the merchant-retail space, has sold 70,000 Mini-Bank Series ATMs and self-service machines.

"Tio Networks offers a strong sustainable business model for resellers and franchisees as well as a fully-supported range of financial services," said Dr. Hansup Kwon, president and chief executive of Tranax. "Tio also has a strong track record in selling and supporting retailers."

 

 

 

 

 

 

 

 

 

 

 

 

 

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

Remanufactured Hardware

http://global2.networldalliance.com/new/images/products/940.png

940/Remanufactured-Hardware

Diebold Picker module Refurbished

http://global2.networldalliance.com/new/images/products/DieboldPicker_100.gif

1206/Diebold-Picker-module-Refurbished

KingTeller – A4(08) Standard Lobby ATM

http://global2.networldalliance.com/new/images/products/4233.png

4233/KingTeller-A4-08-Standard-Lobby-ATM

Get Your Brand Noticed At Any Location

http://global2.networldalliance.com/new/images/products/4445.png

4445/Get-Your-Brand-Noticed-At-Any-Location

Rugged Free - Standing Outdoor ATM - ProCash 2350xe

http://global1.networldalliance.com/new/images/products/ProCash2350_sm.jpg

172/Rugged-Free-Standing-Outdoor-ATM-ProCash-2350xe

Fully scalable and flexible - Monimax 5300XP

http://global2.networldalliance.com/new/images/products/5300_xp_with_sidecar_100.gif

1160/Fully-scalable-and-flexible-Monimax-5300XP

Cryptera EPP 1215

http://global1.networldalliance.com/new/images/products/4084.png

4084/Cryptera-EPP-1215

PAI Kiosk Solutions

http://global2.networldalliance.com/new/images/products/4666.png

4666/PAI-Kiosk-Solutions

OptiRecon

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

565/OptiRecon

KAL Transaction Processing Solutions

http://global1.networldalliance.com/new/images/products/KAL_Logo_SF100.gif

1234/KAL-Transaction-Processing-Solutions

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.