News

TIO Networks adds 4,500 billpay locations

November 26, 2007

BURNABY, British Columbia - TIO Networks Corp. has signed an agreement with IPP of America, provider of electronic bill-payment services with a network of independent walk-in payment centers, to process TIO bill payments at more than 4,500 IPP of America's locations in 41 U.S. states.

The agreement is the first for TIO's new "OEM Express" distribution model, which allows large networks to plug into TIO's new transactional -˜Application Programming Interface' and add a number of TIO's authorized billpay products to their agent networks. Customers who pay bills processed at IPP locations pay a convenience fee that is shared between TIO, IPP and its agents.

"We are actively seeking out new opportunities to integrate our services on additional networks to rapidly increase our footprint across America," said Hamed Shahbazi, chief executive of TIO Networks.