Technology/Services

Valero Partners with TIO Networks

Diamond Shamrock Corner Stores in greater Denver to offer bill pay kiosks

BURNABY, B.C. -- Valero Energy Corp. and TIO Networks Corp., announced an agreement to roll out self-serve automated bill payment and financial services kiosks at more than 30 of Valero's Diamond Shamrock Corner Stores in the greater Denver, Colo., area.

By the end of June, Valero's Denver-area customers will be able to use TIO Network's cash-accepting touchscreen ATMs to make time-sensitive bill payments to wireless, utility and cable service providers.

The service will be available in English and Spanish, and there will be a [image-nocss] small fee for each transaction. Customers can either receive a paper receipt at the time of the transaction or request that a digital receipt be sent by e-mail to their address.

Valero and TIO Networks plan to add a number of other financial services to the self-service TIO terminals including the ability to purchase money orders and other prepaid products and services.

TIO Networks Corp, a strategic investment of Hewlett Packard, is building a 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 currently available, clients include Circle K, ExxonMobil, Cingular Wireless, Speedway SuperAmerica, Cricket Communications, COX Communications, Memphis Light Gas & Water and Qwest Communications.

Valero, San Antonio, operates more than 5,000 retail and branded wholesale outlets in the United States, Canada and the Caribbean under brand names including Valero, Diamond Shamrock, Shamrock, Ultramar and Beacon.

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