Telpay News

Telpay Payment News
Bringing You Payment Insights, Trends and Best Practices

50th Anniversary of Bill Loewen

 

BORIS MINKEVICH / WINNIPEG FREE PRESS

This year marks the 50th anniversary of our very own founder Bill Loewen in the electronic payments industry.  Interviewed by Martin Cash of the Winnipeg Free Press,

“An incessant innovator who’s always been just a little ahead of his time, even this year, the 50th anniversary of the start of his first business, Comcheq Inc.”

Read Full Article Here

 

Telpay Payment News
Bringing You Payment Insights, Trends and Best Practices

Telpay Adds to its Growing List of Payroll Providers

Telpay is pleased to officially announce that we have added the PayTickr mobile time tracking and payroll solution to our expanding payroll partner roster.

PayTickr provides an easy-to-use, mobile time tracking and online payroll system for existing and new Telpay clients.

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Telpay Payment News
Bringing You Payment Insights, Trends and Best Practices

How Telpay’s Debit Funding Option Works

You have decided to make a payment(s) using Telpay’s services; the next important decision is how you will fund the payment(s). You can either fund your payments by debit (Pre-Authorized Debit), where Telpay automatically pulls the funds from your bank account or through online banking (bill payment or direct transfer), where you push funds to Telpay.

These two options have varying benefits depending on your business needs. Most of our customers prefer the speed and convenience of next day payments which is achieved by pushing funds to Telpay through your online banking. On the other hand, some customers prefer using our PAD option because it requires no additional action. While the PAD option appears convenient, it also comes with a longer lead time of 3 to 4 business days.

Let’s take a closer look at how the Telpay debit option works.

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Telpay Payment News
Bringing You Payment Insights, Trends and Best Practices

How to Overcome Client’s Resistance to Change

Change, as they say, is necessary in the business world. Staying at the forefront, if not ahead of the bar in your industry is crucial to your continued success.

When you think about this as a mantra for your business, you know instantly that this applies to your products and services; but it is just as necessary for your operations to be running as efficiently as you move forward. From deciding to remove your fax line to using video conferencing, the way we do business is as important as what business we’re doing.

Change, however, isn’t easily accepted by all parties. Some companies will always be intimidated by the prospect of how their “traditional” methods will be altered. Perfectly fitting into this space is payments, and as you change your payments from cheques to electronic means through Telpay, there will be apprehension.

So how do you ease your client into this “new method” of payment? The answer may be simpler than you think.

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Telpay Payment News
Bringing You Payment Insights, Trends and Best Practices

Getting Started with Payroll Direct Deposit


After making your first step into the world of electronic payments with Telpay, you are ready to get started with payroll direct deposit. Stepping into a new world of making your payroll payments by direct deposit instead of your routine cheques is simple.

All it takes is four steps, and you are on your way to paper payment freedom!

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