TelPay Incorporated

TelPay Incorporated

November 09, 2006 18:57 ET

TelPay Incorporated: Manitoba Companies Deliver World Class Internet Banking and Bill Payment Solutions

WINNIPEG, MANITOBA--(CCNMatthews - Nov. 9, 2005) - Manitoba Caisses, a bilingual banking and financial services co-operative with locations in Winnipeg and rural Manitoba, has chosen TelPay Incorporated, Canada's largest independent electronic payments processor to provide its more than 30-thousand members with the most advanced Internet Banking and bill payment services available today.

With the wide range of new electronic payment options Caisse members will enjoy the ability to quickly and easily transfer funds electronically to any bank account in Canada and pay any bill. This new payment functionality means Caisse members will no longer be restricted to a limited biller list and instead be able to add any bill or person to their personal profile and immediately pay them with a single click. The party being paid will receive details of the account and invoices being paid.

In addition to being able to quickly and easily pay anyone in Canada, Caisse members will also be able to view their cashed cheques online, as well as transfer funds directly into any bank account and notify the recipient automatically by e-mail, bypassing the need for recipients to sign-up to receive payments or take any action whatsoever.

"TelPay's electronic payment services are specifically designed to meet the changing needs of Canada's financial community and make it easy for any size financial institution to offer their members the absolute latest online bill payment services -- without a large investment in technology," says TelPay Incorporated, President and CEO, Brian Denysuik. "We offer financial institutions and their members a completely worry free experience that includes bilingual customer support, system maintenance and continually updated functionality, all included from one provider, for one price," Denysuik adds.

Manitoba Caisses are the first financial institutions in the province to embrace this exciting new technology. They join a growing number of other financial institutions across the country who have chosen TelPay's advanced bill payment services to meet the ever increasing demand for enhanced payment services including: Alterna Savings in Ottawa, Caisse Populaire de Shippagan in New Brunswick, Inglewood Savings & Credit Union in Calgary, Latvian Credit Union in Ontario, and many other credit unions in Manitoba who plan to offer this revolutionary new pay anyone technology as they convert to new banking systems in the near future.

"TelPay has a long history of helping us deliver leading edge financial services to our membership," according to Federation des caisses populaires du Manitoba, Information Technology Director, Bernie Marcoux. "It began with telephone bill payment and banking in the early 1990s and then Internet bill payment as more and more members began paying bills and banking online. Today's announcement is a clear indication of our satisfaction with TelPay powered telephone, internet banking and bill payment systems and our trust in their industry leading vision and services. TelPay providing our online banking and bill payment system means that our technical team can focus on many other projects that normally we would not have IT time for," adds Marcoux.

About Federation des caisses populaires du Manitoba

The Federation des caisses populaires du Manitoba provides corporate financial services and administrative support to 7 autonomous Caisses as listed below and 21 branches serving 30,700 Manitobans.

Caisse Elie Caisse Saint-Boniface
Caisse La Verendrye Caisse Saint-Claude
Caisse Laurier La Salle Credit Union
Caisse Lourdes Ste. Rose Credit Union
Caisse Provencher

About TelPay Incorporated

TelPay is the country's largest independent electronic payment processor serving thousands of businesses, individuals and hundreds of financial institutions with over the phone, over the counter and online bill payment modules and payment consolidation services. TelPay processes over 20 million payments valued at 8 billion dollars annually.

Contact Information

  • TelPay Incorporated
    Brian Denysuik
    President & CEO
    (204) 957-2840
    Federation des caisses populaires du Manitoba
    Andree Gilbert
    Marketing Consultant
    (204) 235-4321