January 2, 2018
Telpay adds currency converstion to suite of international payment services
Winnipeg--Telpay Incorporated announced a new
venture and a new partner, whose services are designed to add value to customers of its
all-in-one electronic payment system, Telpay for Business .
Telpay announces a new venture, TelpayFX Inc., including a new partnership with AFEX,
one of the world's largest international payments providers, to be the global currency
exchange provider for Telpay for Business customers. TelpayFX Inc. enables Canadian
businesses to process currency conversions at ultra-competitive exchange rates. It also
enables the purchase of "forwards", which can be used to minimize the impact of currency
uctuations for up to 12 months.
This new service further complements Telpay's existing international payment capabilities
including USD and international payments via CIBC and Payline by ICE. Jeff Boyko,
President of TelpayFX Inc., brings his extensive experience in global currency services to
lead this exciting new venture.
Mobile time tracking and payroll system partner
Telpay also announced a new addition, PayTickr, a Canadian mobile time tracking
and payroll system with GPS location tracking capabilities, to its growing list of payroll
By integrating with Telpay, PayTickr can pay all employees and all source deductions,
including group insurance and government remittances. It also integrates the entire
payroll process with the customer's accounting system. PayTickr will integrate bill
payments, accounts receivable and journal entries, thereby minimizing the accounting
This collaboration is a further step in Telpay's plan for integrating all accounting functions
to create a fully automated accounting system.
For over 32 years, Canadian owned Telpay has delivered innovative, cost-effective and
secure electronic payment solutions that are an alternative to writing cheques. It provides
its services to individuals, ~nancial institutions and businesses coast to coast. Our goal is to
offer the best experience ever, truly delighting our customers with our products, service
and our Telpay team.