Telpay’s bill payment feature has streamlined the payables process for many Canadian businesses. We process payments for thousands of vendors and suppliers every day. Telpay’s bill payment feature is designed as an all-in-one solution where you can pay any bill, including utilities.
We have specific features built around our utility payments to help streamline these tedious payment tasks.
Here are a few features that help make utility payments easy when processing through Telpay:
Multiple account numbers for one supplier
If you have multiple account numbers to pay to for one supplier, you can set up multiple account payments. For example, if you have 10 Rogers Wireless cell phone accounts to pay, you can pay multiple account numbers and allocate the total amount due to each account number. To learn more about how you can start allocating payments to multiple account numbers, follow our step by step instruction guide.
Next day payment deposits
You have the option to fund your utility payments by sending your money to Telpay using your online banking system. This option requires only 1 business day lead time to process your payments. Your utility bill payment file and the funds for the file must be sent to Telpay by 3:00 PM, CST, 1 business day prior to your payment date.
No need to collect banking information
Utility payments are one of the most common payments processed by Telpay. We have a large biller database for all utility payments types for across Canada. This makes it easy for you to simply import your payments and click ‘pay’. There is no need to collect banking information for your utility payments as Telpay already has this information stored for you.
Telpay will notify the utility supplier when the payment has been made
Once a payment has been made to your utility supplier, Telpay will notify them via email or fax when the electronic payments will be deposited. The remittance report also summarizes who is paying them and the account numbers to make for an easy reconciliation process. You can view an example remittance report here.