"DolEx customers to benefit from convenient access to bill pay services
at up to 700 DolEx locations across the U.S."
BURNABY, BC, Aug. 26 /CNW/ - TIO Networks Corp., North America's leading
automated bill payment and financial services network (TSX-V: TNC) and DolEx
Dollar Express, Inc. ("DolEx"), one of the largest and fastest growing money
transfer companies in the United States and a subsidiary of Global Payments
Inc. (NYSE: GPN), have signed an agreement whereby DolEx will utilize TIO's
bill payment processing services at DolEx money transfer branch locations.
As part of the agreement, DolEx will leverage TIO's transactional Bill
Payment Automated Programming Interface (API) to process its customers' bill
payment transactions with TIO's direct biller portfolio. Earlier this month,
TIO launched its new bill payment service at DolEx. Cash preferred customers
can now easily and conveniently pay wireless, utility and cable bills to
billers within TIO's portfolio at DolEx stores throughout the country.
"By working with TIO, we are able to initially add three large
communication companies as authorized payees to our growing bill payment
service. DolEx customers depend on these three communication companies
everyday. We are pleased to offer the ability for our customers to make these
payments at our DolEx locations, as they handle their other financial needs,"
said Matt Thomas, Vice President of Payment Service at DolEx. "We pride
ourselves on understanding the needs of our broad customer base in providing
value-based money transfer and bill payment services in our neighborhood
"As both DolEx and TIO focus on serving the needs of the Hispanic
consumer, we are confident TIO's bill payment services will prove to be
successful with DolEx customers," said CEO of TIO Networks Corp., Hamed
Shahbazi. "Indeed, we are very encouraged at the transaction volumes we have
seen at the DolEx locations where we have already started processing bill
About TIO Networks Corp.
TIO is the leading multi-channel bill payment processor serving the
largest Telecom, Wireless, Cable and Utility bill issuers in North America.
With over 10,000 endpoints in its processing network, TIO symbolizes fast,
convenient, safe and secure access to expedited payment services. For more
information, please visit www.TIOnetworks.com
DolEx serves millions of consumers throughout the Latin American corridor
allowing customers to safely and quickly send money to beneficiaries in Latin
America. Hundreds of DolEx branches are conveniently located across the United
States in areas with large Latino populations and DolEx has settlement
arrangements with thousands of bank, exchange house, and retail locations
throughout Latin America.
DolEx's proprietary, leading edge technology allows for real-time control
over critical operations, including pricing, cash management, customer
service, compliance, and settlement.
About Global Payments Inc.
Global Payments Inc. (NYSE: GPN) is a leading provider of electronic
transaction processing services for consumers, merchants, Independent Sales
Organizations (ISOs), financial institutions, government agencies and
multi-national corporations located throughout the United States, Canada,
Latin America, Europe, the United Kingdom, and the Asia-Pacific region. Global
Payments offers a comprehensive line of processing solutions for credit and
debit cards, business-to-business purchasing cards, gift cards, electronic
check conversion and check guarantee, verification and recovery including
electronic check services, as well as terminal management. The company also
provides consumer money transfer services from the United States and Europe to
destinations in Latin America, Morocco, and the Philippines. For more
information about the company and its services, visit
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; Matt Thomas, Vice President of
Payment Services - DolEx Dollar Express, Office: (302) 668-1694, Email: