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PayPal acquires Tio.com (formerly ChargeSmart) July 18, 2017

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https://www.paypal.com/stories/us/paypal-completes-acquisition-of-tio-networks

Personally, I knew about this at the beginning of the year, but it looks like it's now official. I just processed eleven payments through tio.com business as usual. I'm wondering if we'll see a change in the service offerings and/or limits soon...


The article doesn't seem to indicate any changes are on the horizon, but we all know PayPal.

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rated:
crap

rated:
Tio always had higher rates than Plastiq so basically it was a way to get around the recent ban on Plastiq payments to mortgages. Some people took advantage of a "valued customer" deal with lower rates on debit cards if you pushed enough through the system at a higher rate, but I never was interested in that much. I would have used Tio to pay down my mortgage and earn 2.625% on my Travel Rewards but since they won't pay Third Federal, that was moot.

rated:
I'm assuming OP knows what's up with TIO. I am a bit worried but I hope people like us make their bottom line fat enough that they keep us around forever. We're pure profit.

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Has anyone experienced using charge smart tio to pay Honda financial before? Did you experience problems? I haven't used tio yet just wanting to hear from others and their experience. thank you

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