Tag Archives: Electronic Payments

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

New Telpay Chairman

gary_sevenyMr. Gary Seveny has been appointed as the Chairman of the Telpay Board of Directors. Mr. Seveny brings over 30 years of experience in the financial services industry to Telpay and has served as a Director of Telpay since 2007.

Mr. Seveny was President and Chief Executive Officer of two financial institutions, Alterna Bank of Canada and Alterna Savings and Credit Union.  Headquartered in Ottawa, they have operations in Western Quebec and throughout Ontario. Mr. Seveny was also instrumental in achieving legislative change at both the provincial and federal levels as it pertains to the financial services industry. He has been an active spokesperson for industry vision and regulatory change, and has appeared before House of Commons Committee and Senate Committees.  As well, Mr. Seveny is Co-founder and Director of Odawa Group Inc. focused on the creation of an infrastructure bank that will provide a much needed source of funding for municipal, provincial and federal projects.

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

Building Relationships With Electronic Payments

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Everyone likes getting paid. When your business uses electronic systems to send money directly into bank accounts, it says a lot.

I once had a client tell me; ‘When I send money electronically, it makes my business look more professional, as if we are bigger than we are.’

As some of you may know, Telpay’s system gives businesses the ability to send money anywhere, with just a few clicks of the mouse. That’s very powerful.

Understanding how paying electronically impacts the receiving party is important. Here’s a look at how the people and businesses you pay feel about getting paid by direct deposit to their bank accounts.
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Tagged with: , , Posted in: Direct Payments, Payroll Direct Deposit
Telpay Payment News
Bringing You Payment Insights, Trends and Best Practices

Enjoy a Frosty Root Beer, a Teen Burger and Approving Payments on Your Smart Phone

blog-stop-cheques

burgersSince 1978, the D’eon Family have owned the A&W Restaurant on the Crowsnest Highway near Fort Macleod, Alberta. A&W Food Services of Canada is Canada’s second-largest fast food burger restaurant chain with over 800 locations.

When Dave’s father ran the restaurant ‘everything was paper’ at least where the accounting was concerned. Back in those days, Dave’s father would bring the accountant the ‘books’, and bills, then come back pick everything up and begin signing cheque after cheque. Then he would deliver the cheques to the mail.

Times changed; Dave came aboard and the business continued to grow. Soon Dave was responsible for running the restaurants and managing ‘the books’. With approximately fifty staff and dozens of supplier payments, Dave quickly realized the manual cheque process needed to be replaced with a better way.
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Tagged with: , Posted in: Direct Payments, Payroll Direct Deposit
Telpay Payment News
Bringing You Payment Insights, Trends and Best Practices

Goodbye Paper

goodbye-paper

Do you still send invoices, print off emails or write cheques to pay bills? With technology, software and apps, the tools to digitize most or all of your paper needs are now readily available and affordable. To get you started, here are five ways to reduce paper in your office.

Electronic Payments
Interestingly enough when you search the topic online, you will see electronic bill payment right at the top. Guess what? Telpay for Business can help with that one. The more payments you make electronically through Telpay for Business, the less you’ll spend on postage, envelopes and employee time coordinating invoices, cheques, and mailings. You will reduce paper, save money and valuable time.

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Tagged with: , Posted in: Direct Payments, Payroll Direct Deposit, Telpay News