Telpay
 | |
 Telpay headquarters | |
| Type | Private |
|---|---|
| Industry | Banking, e-commerce |
| Founded | 1985 |
| Founder | Bill Loewen |
| Headquarters | 298 Garry St, Winnipeg, Manitoba , Canada |
Key people | , CEO |
| Products | Electronic payment software |
| Services | Electronic payment processing |
Number of employees | 50[1] |
| Website | telpay |
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[]
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, 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[]
Telpay headquarters is located in downtown Winnipeg, in a heritage building built in 1909 by the .[4] The current Chief Executive Officer is Cora Jalonen, CPA, CGA, CIA.[5]
See also[]
- Electronic bill payment
- Online banking
- Electronic business
- E-commerce
- Electronic funds transfer
- Comparison of shopping cart software
- Federal Financial Institutions Examination Council
References[]
- ^ https://www.bbb.org/ca/mb/winnipeg/profile/bill-paying-services/telpay-incorporated-0057-14635
- ^ http://www.telpay.ca/images/pdfs/telpay_annual_trust_report_2012.pdf[permanent dead link]
- ^ a b c "Our History". Telpay. Retrieved 2021-09-06.
- ^ a b "Who We Are". Telpay. Retrieved 2021-09-06.
- ^ "The Team".
External links[]
- Financial services companies based in Manitoba
- Organizations based in Winnipeg
- Downtown Winnipeg
- Payroll
- Payment service providers