TIO’s mobile platform empowers customers with real time access to their account through an intuitive user interface. Customers will be able to manage and pay their bills anytime from the convenience of their smartphone. Payments can be made using a credit /debit card or other electronic means.

TIO’s mobile payments platform also enables billers to develop a one to one marketing relationship with their customers by virtue of their smartphones. Billers who participate in TIO’s mobile payments channel will soon be able to market products and services to customers directly via their customers’ smartphones.

Moreover, TIO’s mobile payment platform will soon enable consumers to make expedited wireless, utility, cable and other payments on iPhone OS or Android powered smartphones.

Hamed Shahbazi, chairman and CEO of TIO Networks, said: “TIO’s expedited payment service combined with its electronic bill presentment capabilities will provide the best mobile bill payments user experience for billers and their customers.

“With the emergence of the smartphone, we believe that there will be a material shift in how people will manage their finances and lives. This new platform allows us to fully serve this market.”