iQmetrix Partners With Bill Payment Processor TIO Networks

VANCOUVER, British Columbia, Dec. 13, 2010 /PRNewswire/ -- Two Vancouver-based startups have teamed up to serve a growing client base of wireless retailers across North America. iQmetrix is pleased to announce a new partnership with leading multi-channel expedited bill payment processor TIO Networks.

Beginning in the first quarter of 2011, TIO Networks' new and existing wireless retailer customers will have the choice of processing real-time bill payments via TIO's web-enabled point-of-sale (POS) platform or iQmetrix's revolutionary RQ4 platform. The new integration will be deployed across TIO's entire network of wireless dealers.

"We are excited to partner with TIO Networks and offer its real-time bill payment functionality via RQ4," said Christopher Krywulak, president and CEO of iQmetrix. "Our primary objective is to create great experiences in the retail space and by making it easier for customers and retailers to process payments, we know this is a step in the right direction."

With this agreement, iQmetrix adds another company to its list of partners, who offer a variety of Value-Added Products for wireless retailers to further maximize information, grow revenues, increase efficiencies, enhance customer experiences and ensure security.

"Retailers use POS systems to manage inventory, sales and commissions and are constantly looking for efficiencies to better manage their business," said Hamed Shahbazi, chairman and CEO of TIO Networks. "This integration gives retailers using iQmetrix's industry-leading platform the ability to consolidate all key dealer functions, such as bill pay processing, revenue share reports, inventory reports and ACH history, as well as all POS activity, via one POS system."

About iQmetrix:

iQmetrix Software Development Corp. is a leading provider of retail management systems for the cellular and wireless retail and telecommunications industries. iQmetrix sells its innovative business solutions to multi-location retailers throughout North America. iQmetrix's flagship product, RQ4, provides a fully integrated solution to manage Point-of-Sale, CRM, Inventory, Accounting, HR, Marketing, Intranet and E-Commerce. iQmetrix is a privately held company with offices located in Canada and the United States. www.iQmetrix.com

About TIO Networks:

TIO is the leading multi-channel expedited bill payment processor in North America. With over 24,000 location endpoints to its processing network and a growing online origination business, TIO symbolizes fast, convenient and secure access to expedited payment services. www.TIOnetworks.com

SOURCE iQmetrix



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