Telpay

Telpay Incorporated
Company typePrivate
IndustryBanking, e-commerce
Founded1985; 40 years ago (1985)
FounderBill Loewen
Headquarters1565 Willson Place,
Winnipeg, Manitoba
,
Canada
Key people
Kevin Sokolowski, President, About the Team
ProductsElectronic payment software
ServicesElectronic payment processing
Number of employees
68[1]
Websitetelpay.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

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. ^ a b c "Our History". Telpay. Retrieved 2021-09-06.
  4. ^ a b "Who We Are". Telpay. Retrieved 2021-09-06.
  5. ^ "The Team".