Receive Electronic Payments with Telpay
Are you searching for a way to receive more electronic payments and avoid trips to the bank to cash cheques?
Telpay has the solution. By signing up to become a Telpay biller you can begin to receive electronic payments that are consolidated daily from your customers that use Telpay.
Signing up to be a BILLER is Easy.
Simply click on the link below and fill out the online form. Once you have submitted the form the signing officer will be sent a biller agreement that has to be signed and returned to Telpay along with a void cheque. Once we have verified the information and the bank account you will be sent a Telpay biller number as well as a Telpay button that can be included on your paper and electronic invoices and a link to Telpay that can be placed on your website.
Receive Payments
To start receiving payments you can either provide your biller number to your suppliers, add the Telpay button to your paper or electronic invoice, or direct customer to the Telpay link on your website.
Telpay’s Online biller list
Much like online banking, once you have signed up to become a biller you will be included in Telpay's online biller list that can be accessed by all Telpay for business users. Being on this list means that any Telpay user can send you funds but unlike the banks it is free to sign up and be included in the list.
Consolidated Payments
Telpay also consolidates payments daily. For example, if 5 different suppliers pay on a specific day those five payments will be consolidated into a single amount that is deposited into your account. You are then sent a single report that details all the payment information. All in all, Telpay’s consolidation process simplifies your accounting process and bank reconciliations.
Marketing Material
Telpay also provides marketing material that you can use to promote the adoption of electronic payments for your business. Please click on the following link to access the marketing material page
How received electronic payments with Telpay works:
Notify your customer by placing a Telpay button on your paper or electronic invoice or place an HTML button on your website. Your customers will be directed to the signup page where they will be able to set up an account or login to their existing account where they will be able to pay you. If your customers are Telpay for Business users they will be able to enter the biller number located on the button and pay you with all of their other suppliers.
Receiving electronic payments with Telpay
- 1
Send Invoice
Generate an electronic or paper bill/invoice that carries the Telpay button or add an HTML button to your website.
- 2
Clients pay with Telpay
Once the customer is notified or has received a bill with the Telpay button they will be guided to the Telpay site where new customers can sign up for a Telpay account or existing customers will be able to pay bills electronically.
- 3
Payments are deposited
Payments from your customers are consolidated each day and funds are deposited into your bank account. You will receive a single deposit and report with full deposit details.
When you add Telpay’s functionality to your invoices, you add an extra measure of convenience for your customer, and guaranteed accuracy with timely payments for you.
To get started on the Telpay program, please sign up above or call us at 1.800.665.0302.
