A new payment applications will allow users to pay multiple bills simultaneously, using the same credit card, in an effort to streamline the process.
In a release, TIO Network announced the introduction of TIO MobilePay, which allows users to pay with either an iPad, iPhone or Android operating system. The company touted the new product, which can process payments for more than 6,000 billers.
The head of the firm said being able to pay multiple bills in one digital location would save time and that it would allow people to make emergency payments as well.
“The demand for mobile bill payment is rapidly increasing, as is the need to pay multiple bills in one place from any bank,” said Hamed Shahbazi, Chairman and CEO of TIO Networks. “Paying bills by credit card is also attractive to both reward seekers and consumers who need that bridge in between pay checks.”
The mobile payment sector is one of the most lucrative to emerge in recent years, with many big names getting into the market. In one recent deal, 15 retailers signed agreements with Paypal to implement the company’s merchant services offering.Back To Blog