News

TIO Networks launches TIO Express

May 7, 2006

BURNABY, B.C. - TIO Networks Corp., formerly Info Touch Technologies Corp.,announced in a news release it has begun processing payments through TIO Express, its new clerk-assisted payments program.

TIO Express enables retailers to accept cash payments for multiple billing partners through a Web-based application or through the retailer's own POS system. Retail clerks can assist customers to access their accounts and view balances without account numbers present. Once a payment is made, TIO Express registers and records the transaction.

"TIO Express is the newest addition to our distribution channel which includes self-serve kiosks and bi-directional cash ATMs," said Hamed Shahbazi, chairman and chief executive officer of TIO Networks. "Retail locations that cannot support a self-serve kiosk or hybrid-ATM-based payment program can accept payments through TIO Express at a fraction of the deployment cost."

Additional locations will be added during the next several weeks with multiple location partners.

[Editor's note: Info Touch Technologies became Tio Networks in April 2006.]