TIO Network partners Progreso Financiero for bill pay options

Targeting Hispanics

Bill payment company, TIO Networks, is collaborating with Progreso Financiero, a provider of financial products for Hispanics in the US to expand bill pay options for America’s estimated 23 million unbanked Hispanics (view press release). TIO will launch five bill-pay kiosks at Progreso Financiero locations across California and Texas, with plans to expand the programme and offer Progreso payments as an option at TIO powered third=party retail bill payment locations.

The self-serve kiosks will help Progreso customers make same-day bill and loan payments, without having to wait in line to see a teller. TIO also claims that Progreso will benefit from improved automation in its payment collections process while reducing teller lines and saving operational staffing costs.

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