MIAMI--Touch-n-Buy, the original interactive tool for selling a variety of prepaid products and services with speed and convenience, announced an alliance with IPP of America, a nationwide alternative financial services company offering consumer bill payment services.
Janet Sancho, Touch-n-Buy's vice president of sales, said, "Touch-n-Buy is always seeking value-added services that will bring our merchants more customers and thus, more revenues. This alliance will enable our merchants to create additional foot traffic, become a destination as a bill payment location, generate revenues from the sale of prepaid products and any incidental products plus earn a commission from the payment."
According to a study for the U.S. Treasury Department, approximately 33 percent of American households are unbanked. They must pay their bills in person using cash, or they must buy money orders. IPP has contracts with selected retail stores to process payments. With the partnership of Touch-n-Buy and IPP, consumers can also make their payments through IPP at any Touch-n-Buy merchant.
"We're thrilled to partner with Touch-n-Buy," said Alex Cooper, executive vice president for IPP. "IPP has been a leader and innovator in the consumer funded bill payment industry. The Touch-n-Buy device is a terrific platform for our bill payment services. We are looking forward to expanding our nationwide network of payment centers through this distribution agreement."
