"New bill payment option to directly benefit large cash paying population
of the largest utility company in San Antonio"
BURNABY, BC, Nov. 6 /CNW/ - CPS Energy and TIO Networks Corp.,
(TSX-V:TNC), owner of North America's leading automated bill payment and
financial services network, today announced plans to launch a new bill payment
service that will enable CPS Energy customers to pay their bills at 32
"TIO-powered" E-Wiz kiosks at select Tigermarket convenience stores in San
E-Wiz is a premier brand of TIO's self-service automated bill payment and
financial services kiosks that enable convenience store patrons to securely
and conveniently pay their wireless, cable, utility and other bills in cash,
purchase prepaid products and access other in-demand financial services.
TIO bill payment is a safe, convenient and secure way to pay bills and
conduct other "walk-up" financial transactions. Payments can be made 24/7 by
feeding the cash directly into TIO terminal's note acceptor. Once the cash is
accepted, then TIO uses an Internet link to ensure timely posting of the
payment. Convenience store patrons can navigate through TIO applications in
either English or Spanish and complete financial transactions by either
printing or emailing their receipt to an email address of their choice.
"Thanks to the E-Wiz kiosks at Tigermarket stores, our customers will
have even more choices and greater convenience in paying their CPS Energy
bills," said Donna Atkinson, CPS Energy Supervisor of Remittance Processing.
"We've made it a priority at CPS Energy to provide more pay options. The
addition of the new kiosks will soon give us approximately 157 bill pay
locations across Greater San Antonio to better serve our customers."
"We are pleased to partner with CPS Energy in response to the growing
market demand for cash-based financial services," stated Hamed Shahbazi,
Chairman and Chief Executive Officer of TIO Networks. "A significant portion
of CPS Energy's customer base pays its bills in person. We view the prospect
of serving the CPS Energy customer as a big opportunity for TIO and E-Wiz."
About CPS Energy
CPS Energy is the nation's largest municipally owned energy company
providing both natural gas and electric service. Acquired by the City of San
Antonio in 1942, CPS Energy serves approximately 670,000 electric customers
and more than 316,000 natural gas customers in and around the seventh largest
city in the U.S. CPS Energy bills rank the lowest of the nation's 20 largest
cities, and the company has earned the highest financial ratings of any
electric system in the nation. More CPS Energy information can be found on the
Web at www.cpsenergy.com.
About TIO Networks Corp.
TIO Networks Corp. is North America's largest multi-retailer network of
non bank financial services for the 'cash preferred' consumer marketplace. The
Company operates in more than 2000 locations and provides safe secure access
to bill payment and other key financial services. For more information, please
The TSX Venture Exchange has not reviewed this news release and does not
accept responsibility for its adequacy and accuracy.
For further information:
For further information: Behshad Hastibakhsh, Media Relations - TIO
Networks, Tel: (604) 298-4636, Ext. 250, Toll Free: (888) 679-3322, Email:
pr@TIOnetworks.com; John Lewis, Business Development - TIO Networks, Tel:
(416) 364-2266, Email: jrlewis@TIOnetworks.com; Bob McCullough, CPS Energy
Tel: (210) 353-2344, Cell: (210) 353-6688