Content area
Full Text
Tio Networks, which today announced the planned launch of a mobile bill-payment platform, estimates it will generate 20% of its revenue from the service by 2011, according to the Burnaby, British Columbia-based expedited bill-payment processor.
Tio plans to launch the application with a biller client later this month or early in the second quarter, says Chris Ericksen, Tio senior vice president of business development.
With the emergence of online banking and payments, "a natural next step is for people to do...