Paypal

Located in San Jose, California, PayPal was founded in 1998 and acquired by eBay in 2002, PayPal is an online payment services that allow users to access and make payments. The service allows anyone to pay in any way they prefer, including through credit cards, bank accounts, PayPal Smart Connect or account balances, without sharing financial information.

PayPal has become a global leader in online payment solutions with more than 153 million accounts worldwide. Available in 190 markets and 23 currencies around the world, PayPal enables global ecommerce by making payments possible across different locations, currencies, and languages.

For payments to be made on the Paypal systems both the sender and receiver of the funds must have an account with Paypal. With Telpay’s system, Telpay for business users can send payments to anyone whether the banking information is available or not or if the payment travels electronically or by check. As well, electronic payments are only $0.50 per transaction.

Telpay also integrates with numerous accounting systems and provides detailed reporting which results if faster bank reconciliations and a clear audit trail.

Email your invoice complete with its own Pay Now button and get paid faster.

Note: Their language on “invoice” is similar to Telpay Inc