TIO Networks Partners with PSE&G to Enable Customer Payments at Over 2,000 Retail Locations

All 16 PSE&G Customer Service Centers Equipped with TIO's Bill Payment Kiosks

VANCOUVER, British Columbia, May 12, 2014 /CNW/ - TIO Networks Corp., (TSX-V: TNC) ("TIO"), North America's leading bill pay technology provider, today announced a partnership with New Jersey's Public Service Electric and Gas Company (PSE&G), one of the largest utility companies in the U.S., to deploy bill payment kiosks in the company's 16 walk-in customer service centers.

PSE&G's 1.8 million gas customers and 2.2 million electricity customers will now have access to faster and more convenient ways to pay bills with cash, checks and bank ACH at their walk-in offices, as well as extended hours for making cash payments at local retail locations.

"As an authorized payment processor for PSE&G, TIO now offers real-time posting and kiosk services at every PSE&G Customer Service Center and authorized payment capabilities at over 2,000 local retailers," said Amit Verma, vice president at TIO. "Our growing partnerships with utilities, billers and retailers enable TIO to continue expanding a network of payment services that provide better access and more convenience to our clients' customers."

In addition to ensuring that PSE&G customers now have access to expedited payments, TIO provides real-time processing solutions to a growing number of other billers and a network of conveniently located kiosks, over the counter POS technology and mobile payments.

To learn more visit: http://www.tionetworks.com

About TIO Networks:

TIO Networks is a cloud-based bill payment processor serving the largest telecom, wireless, cable and utility bill issuers in North America. With more than 65,000 endpoints, TIO symbolizes fast, convenient and secure bill payment. Visit: www.TIOnetworks.com. Join the conversation on www.twitter.com/tionetworks or Like us on www.facebook.com/TIONetworks.

About PSE&G:

Public Service Electric and Gas Company (PSE&G) is New Jersey's oldest and largest regulated gas and electric delivery utility, serving nearly three-quarters of the state's population. PSE&G is the winner of the ReliabilityOne Award for superior electric system reliability. PSE&G is a subsidiary of Public Service Enterprise Group Incorporated (PSEG) (NYSE:PEG), a diversified energy company (www.pseg.com).

Media Contacts:

John Lewis, Business Development – TIO Networks
416-523-7086
[email protected]

Nora Retana, Media Relations - TIO Networks
619 -549-3211
[email protected]

The TSX Venture Exchange has not reviewed this news release and does not accept responsibility for its adequacy and accuracy.

This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. Potentially, many factors could cause our actual results to vary materially from those described herein as intended, planned, anticipated or expected. TIO Networks Corp. does not intend and does not assume any obligation to update these forward-looking statements.

SOURCE: TIO Networks

http://www.tionetworks.com