Receive Electronic Payments with Telpay
Are you searching for a way to offer an electronic payment option to your clients?
Telpay has the solution. By placing the Telpay button on your bills and invoices your clients can pay you electronically once they have signed up for a Telpay account.
Signing Up is Easy.
Signing up for the "Receive Electronic Payments" program is free and it only costs $0.50 per transaction that can either be paid by you or your customer. Once you have signed up and receive the button Telpay will provide you with marketing material to send to your customer to educate them on the Telpay and show them how to pay you electronically.
Benefits of receiving payments electronically
For you:
- Improved cash flow as funds are deposited into the bank faster than by cheque.
- Streamlined business methods, by reducing or eliminating the manual processing of cheques.
- Savings on bank and credit card fees.
- Simplified bank reconciliation - unlike regular EFT systems, Telpay consolidates all payments into a single deposit each day, accompanied by a detailed payment report.
- Receipt of payment from all customers regardless of where they bank.
For your customers:
- Savings on costs associated with cheque payment.
- Ability to enter full invoice and customer account information, if required.
- Ability to pay all suppliers electronically.
Here is how it 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 wiht 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.
Whether you email your bills or send them via paper, 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.
