Tag Archives: bill pay

Bill Pay News – PayPal Suspends TIO Operations Permanently

Editors Note: Thanks to Olea Kiosks for sending update to us here at Kiosk Industry. Olea provides bill pay services. Update: March 22, 2018 @ 4:00pm ET Bill Pay TIO Networks Provides Second Update on Suspension of Operations After careful consideration, PayPal has decided to not restore TIO’s services and will wind down TIO’s business accordingly. We thank… Read More »

PayPal to Acquire TIO Networks – TIO Networks Investor Relations

Expands PayPal’s Reach Into the U.S. Bill Payment Channel with More Than 10,000 Supported Billers, 65,000 Over-the-Counter Locations and 900 Operated Kiosks


Source: corporate.tionetworks.com

Hamed Shahbazi, Chairman and CEO of TIO, remarked, “We founded TIO to make speed and access part of the bill payment experience for the underserved, and we believe that we have created affordable products to serve the needs of all customers. Our mission fits perfectly with PayPal’s vision to democratize money. As part of the PayPal team, we believe we will accelerate our growth through expanded distribution and continue increasing access to more billers and services.”