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Telpay

Electronic payment company in Canada

Field	Value
name	Telpay Incorporated
logo	Telpay_Logo.gif
image	TelPay Building, Winnipeg.jpg
image_caption	Telpay headquarters
trading_name
native_name
type	Private
industry	Banking, e-commerce
foundation
founder	Bill Loewen
hq_location	1565 Willson Place
location_city	Winnipeg, Manitoba
location_country	Canada
key_people	Kevin Sokolowski, President, [About the Team](https://www.telpay.ca/about-us/the-team/)
products	Electronic payment software
services	Electronic payment processing
aum
num_employees	68
homepage

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

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. In March 1985, the first reports of telephone-generated bill payments were delivered to Manitoba Hydro and Manitoba Telephone System.

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

Organization

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

References

"Telpay Incorporated | Better Business Bureau® Profile".
http://www.telpay.ca/images/pdfs/telpay_annual_trust_report_2012.pdf{{Dead link. (June 2018)
"Our History".
"Who We Are".
"The Team".

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

financial-services-companies-based-in-manitoba organizations-based-in-winnipeg downtown-winnipeg payroll payment-service-providers

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