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 services partners.

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
effort. 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.



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