In 2015, Telpay is thrilled to be celebrating our 30th Anniversary. And we could not have done it without our very successful ASP Partner Program. Thank you to our 1500 partners for being an integral part of our Telpay business journey. We appreciate your confidence, support of our products and your solid partnership in our success.
Looking back at the world-wide trend to move away from cheques in favour of electronic payments, some countries are way ahead. In Germany, Austria, the Netherlands, Belgium and Scandinavia, cheques have completely vanished. Moving at a slower pace here at home, the Federal Government which is the biggest cheque user, has announced as of 2016, it will phase out cheques in favour of direct deposit. In these past 30 years, Telpay has been leading the innovative way in the field of electronic payments in Canada.
Innovation, commitment to our customers and partners, along with valuing our people are at the very core of Telpay. We have gone from our humble beginnings as an R&D division of Comcheq that pioneered telephone banking. Moving forward Telpay took on the challenge of the electronic bill payment needs of the business to business market. Today we are committed to constantly improving our Telpay for Business software to meet the needs of accountant and bookkeepers.
As we celebrate in 2015, we look forward to working with you and continuing our innovative ways in the field of electronic payments in Canada. We plan to deliver even better products and have many more successful years to come. Our ASP Partnership Program will only get stronger…and that is a promise partner!