August 20, 2013
Payteller LLC, a provider of self-service kiosks offering financial services, has signed an exclusive contract with IntelliVoice Networks Inc. to install its kiosks, or Paytellers, in Texas and throughout the Midwest in high-traffic retail locations, according to a company news release.
Paytellers allow for prepaid debit card loading, wireless top-up and bill payment with over 12,000 billers, including most of the utilities in the United States. The companies said in the release that with their different areas of expertise in the industry, both sides will be bolstered, as as well as an added degree of convenience for consumers and merchants. Consumers without traditional bank accounts will be able to conduct all of their banking, financial, and wireless transactions quickly in one location — factors that will significantly increase foot traffic for the merchant locations, the release said.
"We saw kiosks as a key distribution channel when we were selling prepaid long distance cards," said IntelliVoice CEO Steve Bell. "The Payteller machines are the natural evolution of this sales channel. The consumers who previously relied on prepaid long distance cards are transitioning to prepaid wireless. With Payteller kiosks, we're able to offer the consumers a wider range of services and provide retailers with a virtual mall of products without the need for expensive shelf space, training or inventory."
Read more about bill-payment kiosks.