Telpay

Telpay Incorporated

Telpay headquarters
Company type	Private
Industry	Banking, e-commerce
Founded	1985; 40 years ago (1985)
Founder	Bill Loewen
Headquarters	1565 Willson Place, Winnipeg, Manitoba , Canada
Key people	Kevin Sokolowski, President, About the Team
Products	Electronic payment software
Services	Electronic payment processing
Number of employees	68[1]
Website	telpay.ca

Telpay Incorporated is the largest independent electronic payment company in Canada, processing over $19.5 billion in 2020.[2]

The company's flagship product is Telpay for Business, an electronic payment software for businesses which eliminates the need for cheques.

History

Telpay was founded in 1985 as a research-and-development division of Comcheq Services, a payroll company started by Bill Loewen in 1968.[3][4] In March 1985, the first reports of telephone-generated bill payments were delivered to Manitoba Hydro and Manitoba Telephone System.[3]

In 1992, Loewen sold Comcheq to CIBC, but retained control of the Telpay division, thereby establishing Telpay Incorporated, with Loewen as chair.[3]

Organization

Telpay headquarters is located in downtown Winnipeg, in a heritage building built in 1909 by the Canada Permanent Trust Company.[4] The current President is Kevin Sokolowski.[5]

See also

• Electronic bill payment
• Online banking
• Electronic business
• E-commerce
• Electronic funds transfer
• Comparison of shopping cart software
• Federal Financial Institutions Examination Council

References

1. "Telpay Incorporated | Better Business Bureau® Profile".
2. http://www.telpay.ca/images/pdfs/telpay_annual_trust_report_2012.pdf^[permanent dead link‍]
3. "Our History". Telpay. Retrieved 2021-09-06.
4. "Who We Are". Telpay. Retrieved 2021-09-06.
5. "The Team".

External links

• Official TelPay website
• E-Carts
• See Credit Union Above
• TelPay Software
• [1]