Tio

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Paypal bought the Tio bill pay service and shut them down

In July, PayPal announced that they had completed the purchase of the bill payment service Tio (formerly ChargeSmart).  Now, via Business Wire, it was reported that PayPal suspended Tio’s operations to protect Tio’s customers.  They wrote: This suspension of services is a result of PayPal’s discovery of security vulnerabilities on the TIO platform and issues with TIO’s data security program that do not adhere to PayPal’s information security standards. TIO is not integrated into PayPal’s…

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