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

Fort McMurray

Our thoughts are with the people of Fort McMurray who are dealing with the horrific effects of the wildfires in northern Alberta. Many of us have friends and family there and we are all hoping that everyone stays safe until this is all over. You can help by making a donation to the Canadian Red Cross, either directly or through our Telpay for Business software.

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

Victoria Day – May Long Weekend

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This year, Canadians celebrate Victoria Day on Monday, May 23rd. For many of us, this signifies the start of the summer months to come. Here at Telpay, we plan on enjoying the warmer weather,  and you should too!

Therefore, Telpay will be closed on Monday, May 23rd 2016 and no electronic payments will be processed on this day.

To ensure your payments go out on time around the long weekend, learn the required lead times for your payments with our holiday funding schedule.

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

All Your Bills Paid, In One Place

may16_paybillsTelpay’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.

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

Mother’s Day Contest – Best Advice My Momma Gave

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We all get advice, especially from our mothers, right! Flashback to your childhood, when you used to hear your mother telling you to, “make sure you eat all your vegetables, brush your teeth and wear your mitts, because it’s cold outside.” It was good advice then and still good advice today.

Throughout life, you can always count on mothers to love, support and give advice…solicited or not…on everything from relationships, careers and even what not to wear. Do you have a mom in your corner loaded with good advice? If yes, we want to hear the best advice you got from your momma. Share it with us to win two $50 Visa Gift Cards, one for you and one for your wise mother.

So tell us some advice you got from your momma at telpay.ca/mom and enter for a chance to win with Telpay.