Wednesday, May 19, 2010

TIO to Offer Mobile Bill Payment to Millions of Energy Customers in Northern and Central California



TIO enables energy customers to make bill payments on their iPhone using their credit/debit cards and bank accounts
VANCOUVER, British Columbia--(BUSINESS WIRE)--TIO Networks Corp., (TSX-V: TNC) (“TIO”), North America’s leading multi-channel expedited bill payment processor today announced that it is launching a mobile bill payment platform that will allow nearly six million energy customers in Northern and Central California to make bill payments by using their mobile phone.
“The TIO Mobile Platform features a simple and fast interface that gives customers real time access to bill information”
“Millions of energy customers in Northern and Central California will soon enjoy the absolute freedom that comes with making mobile payments, anywhere anytime,” said Chris Ericksen, Senior Vice President for TIO Networks. “TIO’s mobile bill payment application will be free to download from Apple’s App Store, and will run on any iPhone OS powered devices such as iPod Touch, iPad and iPhone.”
TIO’s mobile payment platform enables consumers to make expedited payments from their smartphones. The mobile application will allow customers to make payments using their credit or debit cards facilitated with the help of Denver-based IPCommerce (www.ipcommerce.com), a leader in cloud computing payment applications. Customers will also be able to make payments using their bank accounts. It is expected that subsequent versions of the application will include payment types such as PayPal and other electronic payment systems.
Through a contract with Pacific Gas and Electric Company (PG&E), TIO’s mobile bill payment services will be offered to energy customers throughout Northern and Central California.
“The TIO Mobile Platform features a simple and fast interface that gives customers real time access to bill information,” said Laurent May, TIO’s vice president of Product Development. “TIO’s innovative platform will enable customers to easily make bill payments using credit cards directly on their smartphone.”
About TIO Networks Corp.
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 21,000 endpoints to its processing network, TIO symbolizes fast, convenient and secure access to expedited payment services. www.TIOnetworks.com.
The TSX Venture Exchange has not reviewed this news release and does not accept responsibility for its adequacy and accuracy.

Contacts

TIO Networks

Media Relations

Behshad Hastibakhsh, 604-298-4636, Ext. 250 or 888-679-3322

pr@TIOnetworks.com

or

Business Development

John Lewis, 416-364-2266 or 877-954-6327

jrlewis@TIOnetworks.com
Permalink: http://www.businesswire.com/news/home/20100519005595/en/TIO-Offer-Mobile-Bill-Payment-Millions-Energy


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