It is with mixed emotions that today we announce the retirement of Telpay’s Founder and President, W.H. (Bill) Loewen.
For over 50 years, Bill Loewen has transformed and revolutionized the way individuals and businesses send and receive payments. Mr. Loewen changed how people got paid with Canada’s first independent payroll service company, Comcheq. Also, he introduced Canadians to electronic payments by telephone in 1985 with Telpay.
Having established an enviably solid foundation, he leaves a legacy of innovation, depth of knowledge, and industry advocacy that ensures Telpay is well-positioned to continue providing innovative payment solutions.
With a plan to transition into the future, we also announce today that Telpay has been acquired by a Winnipeg ownership group with controlling interests in Payworks, a cloud-based workforce management solution. This ownership group is committed to investing in technology to further solidify and elevate Telpay as Canada’s electronic payments leader.
Throughout this changeover, Telpay will continue to operate independently to focus on what we do best – delivering value for you and your business with efficient, cost-effective payment solutions.
Telpay’s office will stay where it all began in Winnipeg. Our team’s unwavering dedication to providing exceptional products and services to our customers and partners remain resolute. We are excited about joining forces with the new ownership group to help take Telpay into the next chapter of growth and innovation.
For additional information, please do not hesitate to contact us at firstname.lastname@example.org.
On behalf of the management and staff, we thank you for your continued support!
Cora Jalonen, CPA, CGA, CIA