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{{Short description|Electronic payment company in Canada}}
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'''Telpay Incorporated''' is [[Canada]]'s largest independent [[electronic payment]] company, processing over 23 million electronic payments worth $16.4 billion in 2016. <ref>http://www.telpay.ca/images/pdfs/telpay_annual_trust_report_2012.pdf{{Dead link|date=June 2018 |bot=InternetArchiveBot |fix-attempted=no }}</ref>

The current president is Bill Loewen, CA.<ref>http://www.telpay.ca/who-we-are/the-team</ref>
{{Infobox company
{{Infobox company
| name = Telpay Incorporated
| name = Telpay Incorporated
| logo =
| logo = Telpay_Logo.gif
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| caption =
<gallery>
| image = TelPay Building, Winnipeg.jpg
File:Telpay_Logo.gif|Telpay Logo
| image_caption = Telpay headquarters
</gallery>
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| trading_name = <!-- d/b/a/, doing business as - if different from legal name above -->
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| caption =
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| native_name = <!-- Company's name in home country language -->
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| trading_name = <!-- d/b/a/, doing business as - if different from legal name above -->
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| type = Private
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| native_name = <!-- Company's name in home country language -->
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| traded_as =
| romanized =
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| industry = Banking, e-commerce
| former type =
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| predecessor =
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| type = Private
| foundation = {{start date and years ago|1985}}
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| traded_as =
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| founder = [[Bill Loewen]]
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| industry = Banking, Technology
| hq_location = 1565 Willson Place
| genre = <!-- Only used with media and publishing companies -->
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| location_city = [[Winnipeg, Manitoba]]
| fate =
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| predecessor =
| successor =
| foundation = <!-- Winnipeg, Canada ({{1985}}) -->
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| founder =
| defunct = <!-- {{End date|YYYY|MM|DD}} -->
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| location_city = Winnipeg
| location_country = Canada
| location_country = Canada
| locations =
| locations =
| area_served =
| area_served =
| key_people = [[Kevin Sokolowski]], President, [https://www.telpay.ca/about-us/the-team/ About the Team]
| key_people = [[Bill Loewen|William H."Bill" Loewen]]
| products = Electronic Payment Software
| products = Electronic payment software
| production =
| production =
| services = Electronic Payment Processing
| services = Electronic payment processing
| revenue =
| revenue =
| operating_income =
| operating_income =
| net_income =
| net_income =
| aum = <!-- Only used with financial services companies -->
| aum = <!-- Only used with financial services companies -->
| assets =
| assets =
| equity =
| equity =
| owner =
| owner =
| num_employees = 68<ref>{{Cite web|url=https://www.bbb.org/ca/mb/winnipeg/profile/bill-paying-services/telpay-incorporated-0057-14635|title = Telpay Incorporated &#124; Better Business Bureau® Profile}}</ref>
| num_employees = 50
| parent =
| parent =
| divisions =
| divisions =
| subsid =
| subsid =
| homepage = <!-- {{URL|examplesite.com}} -->
| homepage = {{URL|telpay.ca}}
| footnotes =
| intl =
}}
}}
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'''Telpay Incorporated''' is the largest independent [[electronic payment]] company in [[Canada]], processing over $19.5 billion in 2020.<ref>http://www.telpay.ca/images/pdfs/telpay_annual_trust_report_2012.pdf{{Dead link|date=June 2018 |bot=InternetArchiveBot |fix-attempted=no }}</ref>

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The company's [[flagship product]] is '''Telpay for Business''', an [[E-commerce payment system|electronic payment software]] for businesses which eliminates the need for [[Cheque|cheques]].


==History==
==History==
Telpay was founded in 1985 as a [[Research and development|research-and-development]] division of '''Comcheq Services''', a [[payroll]] company started by [[Bill Loewen]] in 1968.<ref name=":0">{{Cite web|title=Our History|url=https://www.telpay.ca/about-us/history/|access-date=2021-09-06|website=Telpay|language=en-US}}</ref><ref name=":1">{{Cite web|title=Who We Are|url=https://www.telpay.ca/about-us/|access-date=2021-09-06|website=Telpay|language=en-US}}</ref> In March 1985, the first reports of telephone-generated bill payments were delivered to [[Manitoba Hydro]] and [[Manitoba Telephone System]].<ref name=":0" />
Telpay was founded in 1985.


In 1992, Loewen sold Comcheq to [[Canadian Imperial Bank of Commerce|CIBC]], but retained control of the Telpay division, thereby establishing Telpay Incorporated, with Loewen as chair.<ref name=":0" />
==Products==


== Organization ==
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Telpay for Business<sup>TM</sup> is an electronic payment software for businesses which eliminates the need for cheques.
Telpay headquarters is located in [[downtown Winnipeg]], in a [[List of heritage buildings in Canada|heritage building]] built in 1909 by the [[Canada Permanent Trust Company]].<ref name=":1" /> The current President is Kevin Sokolowski.<ref>{{Cite web|title=The Team|url=http://www.telpay.ca/who-we-are/the-team}}</ref>


==See also==
==See also==
*[[Electronic bill payment|Paying Bills Online]]
*[[Electronic bill payment]]
*[[Online banking|E-Banking]]
*[[Online banking]]
*[[E-business|E-Business]]
*[[Electronic business]]
*[[E-commerce]]
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*[http://webtecker.com/2008/04/22/8-best-open-source-shopping-cart-solutions/ E-Carts]
*[[Electronic commerce|E-Commerce]]
*[[Electronic funds transfer]]
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*[[Comparison of shopping cart software]]
*[[Electronic funds transfer|E-Money]]
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*[[Federal Financial Institutions Examination Council]]
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*[[Comparison of shopping cart software|Compare E-Shopping Carts]]
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*[[Federal Financial Institutions Examination Council|U.S. Financial Standards]]


==References==
==References==
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<references />

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==External links==
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* [http://www.telpay.ca/ Official TelPay website]
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*[http://webtecker.com/2008/04/22/8-best-open-source-shopping-cart-solutions/ E-Carts]
*[https://www.scribd.com/doc/65114591/Credit-Union-Uses-Telpay-ca. See Credit Union Above]
*[https://www.scribd.com/doc/65114591/Credit-Union-Uses-Telpay-ca. See Credit Union Above]
*[http://www.stratinfotech.com/banking_software/TelPay_Interface_Software.htm TelPay Software]
*[http://www.stratinfotech.com/banking_software/TelPay_Interface_Software.htm TelPay Software]
*[https://www.telpay.ca/uploads/ck/files/Telpay_2016_AR.pdf]
*[https://www.telpay.ca/uploads/ck/files/Telpay_2016_AR.pdf]
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[[Category:Financial services companies based in Manitoba]]

[[Category:Organizations based in Winnipeg]]

[[Category:Downtown Winnipeg]]
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<references />
[[Category:Payroll]]

[[Category:Payment service providers]]
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==External links==
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* [http://www.telpay.ca/ Official TelPay Web Site]
*[https://web.archive.org/web/20121107234614/http://www.justsearchgroup.co.uk/ E-Talent Job Agency]

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[[Category:Financial services companies of Canada]]

Latest revision as of 17:57, 18 November 2024

Telpay Incorporated
Company typePrivate
IndustryBanking, e-commerce
Founded1985; 40 years ago (1985)
FounderBill Loewen
Headquarters1565 Willson Place,
Winnipeg, Manitoba
,
Canada
Key people
Kevin Sokolowski, President, About the Team
ProductsElectronic payment software
ServicesElectronic payment processing
Number of employees
68[1]
Websitetelpay.ca

Telpay Incorporated is the largest independent electronic payment company in Canada, processing over $19.5 billion in 2020.[2]

The company's flagship product is Telpay for Business, an electronic payment software for businesses which eliminates the need for cheques.

History

[edit]

Telpay was founded in 1985 as a research-and-development division of Comcheq Services, a payroll company started by Bill Loewen in 1968.[3][4] In March 1985, the first reports of telephone-generated bill payments were delivered to Manitoba Hydro and Manitoba Telephone System.[3]

In 1992, Loewen sold Comcheq to CIBC, but retained control of the Telpay division, thereby establishing Telpay Incorporated, with Loewen as chair.[3]

Organization

[edit]

Telpay headquarters is located in downtown Winnipeg, in a heritage building built in 1909 by the Canada Permanent Trust Company.[4] The current President is Kevin Sokolowski.[5]

See also

[edit]

References

[edit]
  1. ^ "Telpay Incorporated | Better Business Bureau® Profile".
  2. ^ http://www.telpay.ca/images/pdfs/telpay_annual_trust_report_2012.pdf[permanent dead link‍]
  3. ^ a b c "Our History". Telpay. Retrieved 2021-09-06.
  4. ^ a b "Who We Are". Telpay. Retrieved 2021-09-06.
  5. ^ "The Team".
[edit]
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