June 01, 2006
Presto Convenience Stores Install Bill Payment Kiosks
Presto Convenience Stores to deploy self-serve automated bill payment and financial services touch-screen terminals in Wichita, Kansas. These terminals enable cash preferred customers to pay a host of bills including wireless, utility and cable and update their accounts quickly and conveniently. Customers will also be able to use the kiosk to purchase prepaid products and services and revalue and/or activate stored value products.
TIO Networks and Presto Convenience Stores Partner to Offer Self-Serve Bill Payment and Financial Services
Burnaby, BC, June 1, 2006 – TIO Networks Corp., formerly Info Touch Technologies Corp., owner of North America’s leading automated bill payment and financial services network, (TSX-V: TNC), today announced an agreement with Presto Convenience Stores to deploy self-serve automated bill payment and financial services touch-screen terminals in Wichita, Kansas. These terminals enable cash preferred customers to pay a host of bills including wireless, utility and cable and update their accounts quickly and conveniently. Customers will also be able to purchase prepaid products and services and revalue and/or activate stored value products.
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, then TIO uses an Internet link to ensure timely posting of the payment. Convenience store patrons 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.
“I am excited about partnering with TIO networks. Their kiosk is going to allow Presto to offer services that customers want in a convenient self-serve fashion. Once customers try it and see how easy it is, they’ll wonder how they ever lived without it.” Terry Presta, President of Presto Convenience Stores.
“We are thrilled to partner with Presto, one of the largest convenience store retailers in the state of Kansas, to launch our bill payment and financial services program in Kansas. Together, we aim to offer self-serve automated financial services to the cash-preferred demographic”, said Hamed Shahbazi, Chairman and CEO of TIO Networks. “From bill pay to pre-paid products such as stored value card, the issuance and reloading of cards, we are bringing a world class financial services offer to Presto’s patrons this spring“.
TIO Networks and Presto will share transactional revenues generated from various financial applications. The first 10 terminals have already been installed in the greater Wichita area.
About Presto C-Stores
Presto Convenience Stores, LLC is a chain of convenience stores based in Andover, Kansas. Presto currently has 45 store locations and is expanding every year. Presto offers convenient locations and the best in fuel from Conoco and Phillips 66.
TIO Networks Corp, a strategic investment of Hewlett Packard, is building the largest and most convenient national multi-retailer network of financial services kiosks for the ”cash preferred” consumer marketplace in North America. The company leverages its core competencies in self-service bill payment processing, financial services aggregation and automation to create financial viability for its network and its location partners. With more than 750 locations and 6 top tier corporate owned convenience store chains participating, the TIO brand symbolizes safe secure access to key financial services. TIO Networks’ clients include: Circle K, ExxonMobil, Cingular Wireless, Speedway SuperAmerica, Cricket Communications, COX Communications, Memphis Light Gas and Water (MLGW) and Qwest Communications. For more information, please visit www.TIOnetworks.com
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For More Information Contact:
Behshad Hastibakhsh, Media Relations – TIO Networks
Terry Presta, Presto C Stores, LLC.
Visit http://www.kis-kiosk.com/apps/billpayment-kiosk.html for additional information.
Posted by keefner at June 1, 2006 08:42 AM