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NEW YORK–(BUSINESS WIRE)–TIO Networks Corp., (TSX-V: TNC) (“TIO”), North America’s expedited bill acquittal company, today appear the barrage of TIO MobilePay, the aboriginal adaptable app that allows Americans to pay assorted bills via VISA or MasterCard branded acquittal cards in absolute time. iPhone, iPad and Android users can acquire to pay added than 6,000 billers via, acclaim or debit agenda with the advantage of aforementioned day processing.

“The appeal for adaptable bill acquittal is rapidly accretion as is the charge to pay assorted bills in one abode from any bank,” said Hamed Shahbazi, Chairman and CEO of TIO Networks. “Paying bills by acclaim agenda is additionally adorable to both accolade seekers and consumers who charge that arch in amid pay checks.”

Another adorable affection of TIO MobilePay is the advantage to accomplish emergency payments that are candy in absolute time. A contempo analysis conducted by the National Foundation for Acclaim Counseling begin 58 actor U.S. adults paid their bills late. Consumers spent a amazing $20 billion in acclaim agenda bill backward fees in 2009, according to the survey.

“The accountable abridgement has abundantly added the charge for emergency bill pay solutions,” said Shahbazi. “Consumers are accepted to save billions in backward fees over the aing few years due to expedited bill acquittal casework like TIO MobilePay.

Expedited bill payments with acclaim cards are decidedly important to the 60 actor Americans who are underbanked, acceptation they acquire bound admission to boilerplate banking services. These Americans face cher repercussions such as aerial reconnection and absorption fees back they’re clumsy to pay bills on time.

TIO MobilePay is powered by TIO Wallet and is the aboriginal of a apartment of unified cloud-based articles for America’s underbanked citizenry that will barrage after this year. TIO MobilePay enables consumers to not alone pay their bills, but additionally agenda bill payments to ensure payments are fabricated on time. In consecutive artefact releases, consumers will be able to amount banknote into their TIO Wallet from bags of TIO’s accommodation banknote pay locations, and use those funds to not alone pay bills, but additionally alteration funds and accomplish purchases. For added advice visit: www.tiomobilepay.com or www.tionetworks.com. Join the chat at www.twitter.com/TIOWallet or on www.facebook.com/TIOWallet.

TIO Wallet

TIO Wallet is the premiere acquittal wallet for the underserved. It is advised to serve the estimated 60 actor Americans with bound admission to boilerplate banking services. For added advice on TIO Wallet, amuse chase us on Cheep @TIOWallet (www.twitter.com/TIOWallet), appointment our Facebook folio at www.facebook.com/TIOWallet, or appointment http://www.TIOmobilepay.com for a video preview.

The TSX Venture Exchange has not advised this account absolution and does not acquire albatross for its capability and accuracy.

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