BURNABY, B.C. -- Time Warner Cable of Dayton, Ohio, and TIO Networks Corp., owner of an automated bill payment and financial services network, have announced plans to launch a new bill payment service that will enable Time Warner Cable customers to pay their bills at 26 TIO-networked Speedway SuperAmerica convenience store locations in Dayton, Ohio.
TIO bill payment is a way to access accounts and view balances on select billers without the need to have account number present. Payments can be made 24/7 by feeding the cash directly into TIO terminal's [image-nocss] note acceptor. Once the cash is accepted, then TIO uses an Internet link to ensure timely posting of the payment. C-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.
We are thrilled to join forces with Time Warner Cable in offering additional payment options to their customers, said Hamed Shahbazi chairman and CEO of TIO Networks. TIO already has an established base of customers in Dayton who frequently pay their bills and will recognize the benefit and convenience of Time Warner's new bill payment options.
The Time Warner Cable bill payment service will be deployed this winter. There will be a $3 user fee per transaction.
Time Warner Cable owns and manages cable systems serving 13.5 million subscribers in 33 states. Passing approximately 26 million homes, with nearly 85% of its customers located in five geographic regions: New York, Texas, Ohio, the Carolinas and southern California.
TIO is building a national multi-retailer network of financial services kiosks for the cash-preferred consumer marketplace in North America. It has more than 1,000 locations in association with top-tier corporate-owned c-store chains.
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