- TIO terminals enable Family Dollar customers to make expedited
bill payments with cash on their wireless, utility, cable,
and other accounts -
BURNABY, BC, April 28 /CNW/ - TIO Networks Corp., (TSX-V: TNC), North
America's leading multi-channel expedited bill payment processor, today
announced an agreement to offer expedited bill payment and financial services
terminals in 10 Family Dollar locations in El Paso, Texas. The kiosks enable
cash-preferred customers to make expedited bill payments on their wireless,
utility and other accounts. As part of this limited test, customers will also
be able to purchase prepaid products and services, transfer money to family
and friends around the world, and reload pre-paid debit cards.
TIO bill payment is a convenient safe and secure way to access accounts
and view balances on select billers without the need to have account number
present. Payments are made by feeding the cash directly into TIO terminal's
note acceptor. Once the cash is accepted, TIO uses an Internet link to ensure
timely posting of the payment. Family Dollar customers 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.
"We are privelaged to partner with Family Dollar, to offer expedited bill
payment and non-banked financial services," said Hamed Shahbazi, Chairman and
CEO of TIO Networks. "Cash-strapped consumers can utilize this service to
confidently make last minute payments and avoid late fees."
About TIO Networks
TIO is the leading multi-channel expedited bill payment processor serving
the largest Telecom, Wireless, Cable and Utility bill issuers in North
America. With over 12,500 endpoints to its processing network, TIO symbolizes
fast, convenient and secure access to expedited payment services.
About Family Dollar
Operating small store locations, Family Dollar is one of the fastest
growing discount retail chains in the United States. Family Dollar offers a
core assortment of name-brand and quality consumable merchandise supplemented
by fashion and seasonal merchandise at everyday low prices.
Beginning with one store in 1959 in Charlotte, North Carolina, the
Company currently operates more than 6,600 stores in 44 states. Family Dollar
Stores, Inc., a Fortune 500 company, is based in Matthews, North Carolina,
just outside of Charlotte and is a publicly held company with common stock
traded on the New York Stock Exchange under the symbol FDO. For more
information, please visit www.familydollar.com
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:
firstname.lastname@example.org; John Lewis, Business Development - TIO Networks, Tel:
(416) 364-2266, Toll Free: (877) 954-6327, Email: email@example.com;
Josh Braverman, Media Relations - Family Dollar Stores, Inc., Tel: (704)
814-3447, E-mail: firstname.lastname@example.org