Tag Archives: Electronic Payments

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

Understand the True Costs and Fees of Credit Cards

There are many well-known benefits for businesses who accept credit card payments. Credit card payments are convenient, help improve cash flow and increase sales. However, there are also many not so well known disadvantages that a business is faced with when they offer credit card payments to their customers. These disadvantages include interchange, charge back, and monthly fees, to name a few. Continue reading

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

Cross Border Payments

cross-border
Mary Jacques and her husband are the franchise owners of Paul Davis Restoration Inc. in Essex, Ontario.  With more than 370 locations within North America, Paul Davis is the restoration specialist for mold removal, water damage restoration, fire damage clean up, contents cleaning, or any other restoration services.

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

Find Your Pot of Gold in a Webinar

march-lucky-finalHow many of you have childhood memories of your search for the lucky pot of gold at the end of the rainbow?   Maybe our lucky pot of gold is not so far out of reach.  What if we found a pot filled with resources that made our working processes more efficient, creating extra time and saving money!

As a Telpay user, we want to fill your “pot of gold” with helpful payment resources that will eliminate time-consuming and expensive payment processing. Register for a payables webinar to learn how Telpay’s electronic payments can help streamline your payables process.   Our payables training webinars discuss topics such as funding timelines, collecting banking information and importing your payments from your accounting software.

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

Forget the Cheque in 2016

forget-cheque

There are many reasons why replacing cheques with electronic payments not only makes business sense but, also saves cents. We want to share some of these reasons with you in our new Q + A series featuring businesses that have made the move to forget the cheque. Continue reading

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

Electronic Payment Habits So Easy, You’ll Start Them Yesterday

change-mindset

We can all relate to those tasks on our desk that we have procrastinated getting started on.  They sit on our desk like an ugly paperweight that’s the size of a large rock….maybe boulder. I hate to state the obvious but, it is easier to start a good habit than it is to break a bad one.  In other words, it is easier to never have the paper weight tasks sitting on your desk than it is to remove these tasks.  The trick is making the good habits easy to start.

When it comes to electronic payments, there are several habits that are so easy; you’ll wonder why you didn’t start them yesterday.

Take advantage of supplier discounts

Supplier discounts are always a nice incentive to pay your invoices early.  But if you’re sending a cheque in the mail, how can you predict if your payment will arrive before the discount deadline?  Schedule your electronic payments on a specific date to guarantee you will receive those supplier discounts.

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