Smarter, Easier, Safer is Better

Telpay provides electronic business payment solutions

Pay anyone,Telpay collects and maintains the banking information of billers making it easier to pay electronically.
Send and receive electronic payments, eliminating the expense of processing cheques.
Save on postage, bank service charges, and cheque form costs.
Eliminate the possibility of cheque fraud.
Telpay’s remote email authorization capability allows you to approve payments and pay suppliers away from the office.

“The whole world is going electronic. That’s not news. We see it happening everywhere. Replacing paper cheques with electronic payments is capturing the attention of countries like Great Britain and Denmark who are completely eliminating cheques. Canada has recently created a ‘Payment System Review Task Force’ that is looking for solutions for Canada. Telpay is proudly leading the way, providing payment systems for tomorrow.”
W. H. (Bill) Loewen CM, FCA, Chair, Telpay

SMARTER

Telpay integrates with your accounting system for single entry of data. Reduce or eliminate inefficient processes related to printing and signing cheques, cheque assembly and mail delivery. Make all your payments electronically using one simple system.

With Telpay International Payments service you can pay all of your international suppliers electronically for a fraction of the cost of bank wires.

“Paying all of my vendors and employees electronically is a great way to streamline business payments. It saves me time each month as I no longer need to print/sign cheques or assemble and mail envelopes. What’s more, I save money now that I don’t have to buy cheque stock, envelopes, or stamps and I save on bank charges.” – Dave D’eon, Owner, A&W Franchise

EASIER

Are you tired of the inflexibility of cheques; not being able to leave the office until they are signed or leaving blank cheques behind when you are out of the office to pay expenses?

Telpay for Business provides remote email authorization capability allowing you to approve payments and pay all your suppliers while you are away from the office.

No longer do you need your supplier’s bank account information, Telpay looks after everything.

“With what I was doing in the past I had to be in my office to complete my accounting tasks. The ability to do this remotely was one of the main reasons I started using Telpay. I am extremely pleased with the service and when I talk to other Owner/Operators I tell them about Telpay and the opportunity they are missing. .” – John Bergero, Owner/Operator, McDonald’s Franchise

SAFER

Telpay includes password protection for system access and single or dual payment authorization. You can print payment batch details prior to authorization for review and approval of payments, as well as replicate existing payment controls. By eliminating cheques you eliminate the possibility of cheque fraud.

Telpay allows you to maintain a clear audit trail of
all payments, including accounting distribution and payment history. With no outstanding cheques, bank reconciliation is easy.

“Not having to worry about sending cheques by courier to get two signatures is very beneficial. Utilizing Telpay’s Remote Authorization feature maintains the necessary security while reducing time and increasing our productivity three fold” – Jan Bruels Doran, Vice President, Canadian Bookkeepers Association

Business just got better

Pay Anyone

Allowing businesses to pay anyone electronically within Canada and across the world sets Telpay apart from other payment methods. Telpay collects and maintains the banking information of our growing biller list of over 45,000 registered billers making it easier to pay electronically.

Telpay was formed in 1985 to provide telephone bill payment services to individuals and to eliminate the need for writing cheques. We knew there had to be a better way to pay bills. Telpay has evolved into a complete payment and accounts payable system that allows businesses to send and receive electronic payments, eliminating the expense of producing and sending cheques.

Connected to your Business

Telpay understands that important information travels with business payments and this information can be as vital to the business as the payment itself. Fully integrating this information with accounting systems of the bill payer and biller allows Telpay to deliver greater efficiency and cost savings to a client’s overall operations. With every payment you save postage, bank

service charges, and cheque form costs.

Developed for Accountants

Telpay systems are valued because they have been developed for accountants by accountants. Telpay’s features continue to expand beyond sending and receiving payments to include the ability to pay government remittances, remote approval of payables, sending international payments, secure audit trails and processing of ebills among many others.

Electronic Bill Presentment and Payment

Telpay’s solution goes even further to reduce billing costs with electronic bill presentment and payment (EBPP). This eliminates the need to print and store permanent paper records. By importing the e-bill and storing it electronically once paid Telpay has developed a more practical solution for both billers and bill payers.

Thousands of Users

Since its inception, Telpay has grown to become Canada’s largest independent bill payment processor handling 18 million transactions worth approximately $13 billion in 2010.

Telpay serves thousands of businesses across Canada, including small to medium- sized enterprises, as well as multi-national corporations and major financial institutions. We service clients large and small from a wide range of industries including hospitality, manufacturing, agriculture, and finance.