CPA Comments - The Federal Department of Finance has created a Task Force for Payment System Review. The mandate of the Task Force is...
Payment System Review - The CPA has structural and governance problems that need to be resolved
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Make all of your business payments - accounts payable, Canadian and International, payroll deposits, government remittances - from one system, using TelPay's electronic bill payment service. The desktop software system includes accounting distribution, payment history and remote authorization. Receives, pays and stores electronically presented bills. Improves security and internal controls while saving money and the environment.
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Personal electronic bill payments and funds transfers to anyone or any business, including governments in Canada. Choice of online service or desktop software. Make all your regular monthly bill payments using an environmentally friendly system that includes the ability to pay and store electronically presented bills in a completely paperless process. Payment history is maintained for two years to assist your budgeting. Personal, knowledgeable customer service.
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Receive your bill payments from one consolidated payment source complete with payment details in a format to suit your accounts receivable system needs - consolidated payments simplify bank reconciliations. Add a PayNow button to your electronically presented bills to make it easy for your customers to pay you - no need to provide banking information to your customers. Canada´s bill payment specialists maintain a Biller Services department to ensure your and your customers´ payments are processed promptly and accurately.
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For remittance processing, internet and desktop bill payment systems, for your individual and business customers, or for full online banking and bill payment systems, TelPay can provide the system that meets the needs of banks, credit unions and other financial services providers. TelPay partners with major banking system providers, completing the link between customers, their financial institution and their supplier.
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