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News and Events

  • News  

    TelPay Celebrates 25 Years!

  • New - TelPay Increases its biller list!

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  • Events  

    More coming soon...

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Testimonials

  • "We use TelPay for Business to pay our expenses electronically. It streamlines our business, saving us time and money."
    Eric Thys,
    McDonald's Restaurant Owner
  • "It's a B2B service whose time
    has come."
    Carol-Ann Kjartanson, GHY

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Savings Calculator

 

How much can your business save? Use our Savings Calculator to find out.

Note:

The numbers shown are for demonstration purposes only. Please change the costs and quantities in the boxes to suit your present circumstances.

Bill Payment Usage

Based on payments per month


Cost Items

Cost per payment
Monthly cost
by Cheque
by TelPay
* TelPay transaction fee
0.60
Bank charges per cheque
Cheque form
Postage cost per mailing
Envelope
Signing, Assembly & Mailing
Bank reconciliation
Monthly bill payment cost
?
?

* TelPay charges 50 cents for payments made electronically. Payments made by cheque are charged at either 90 cents (if paid on a Wednesday) or $1.25 (if paid on other banking days). The 60 cents figure represents our current average rate.

Payroll Payment Usage

Based on payments per month
with deposits each

** TelPay fee per deposit
0.15
Bank charges per cheque
Cheque form & statement
Envelope
Signing & Distribution
Bank reconciliation
Monthly payroll cost
?
?

** Minimum $5.00 per payroll.

Monthly cost

TelPay base charge per month
Total monthly cost
?
?

Summary of Savings

Savings per month using TelPay for Business
?
Savings per year using TelPay for Business
?

 

Important Notes:
  • Transfer of biller details from another accounting system: 50 cents per account.
  • If an interface with another accounting system is required software fees may apply. Please see Interfaces to Accounting and Payroll Systems for more information.
  • You can make payments in several foreign currencies using the TelPay for Business software. Each payment costs $2.00. There is an additional $10.00 monthly fee for use of the international payment software module.
  • TelPay prices are subject to change without notice.
 
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