Tio Networks launches clerk-assisted payments program

Tio Networks launches clerk-assisted payments program
Tags: Bank / Credit Union, Debit / Credit, Other, TIO Networks Corp., Underbanked / Unbanked
May 2, 2006

BURNABY, British Columbia - Tio Networks Corp., formerly Info Touch Technologies Corp., is now processing payments through Tio Express, its new clerk-assisted payments program.

According to a news release, Tio Express allows retailers to accept cash payments for multiple billing partners through a Web-based application or through the retailer's own POS system. Retail clerks can assist customers' to access their accounts and view balances. Once the payment is made, Tio Express registers and records the transaction.

"Retail locations that cannot support a self-serve kiosk or hybrid ATM-based payment program can accept payments through Tio Express at a fraction of the deployment cost," Tio Networks chairman and chief executive Hamed Shahbazi said.