Telpay

What Is Telpay?

Telpay is a Canadian-owned electronic payment system that gives businesses a unified electronic hub for managing both accounts payable and accounts receivable — supplier payments, payroll, CRA remittances, and collections. The platform automates and tracks every transaction, syncing with accounting software such as QuickBooks or Sage to help reduce data re-entry. By helping reduce manual cheques and giving businesses control over payment timing, Telpay improves cash flow visibility and reduces the administrative burden of month-end reconciliation.

How Much Does Telpay Cost?

The Telpay cost starts at $10/month. This basic plan, known as Starter, supports 1–14 transactions/month and includes essential payment features such as bill payments and employee payments. Further pricing tiers of the software are as follows:

• Telpay Standard: $24/month
• Telpay Max: $39/month
• Telpay CRA-only: $10/month

In addition to the base subscription costs, organizations should account for the following expenses:

• Implementation: Charges $49–$99 one-time setup, depending on the plan
• Transaction Fees: $0.55–$1.50/transaction, depending on plan and payment type
• Payment Exceptions And Adjustments: $10–$30/returned or failed transaction; $25+ for manual tracing or adjustments
• Staff Training: $500–$3,000 depending on team size and accounting workflow complexity (industry benchmark)
• Accounting Integrations: $0–$5,000 depending on integration depth with platforms like QuickBooks or Sage

Disclaimer: The pricing is subject to change.

Telpay Integrations

The software supports XLS and CSV file formats and integrates with multiple platforms, such as:

• QuickBooks Online
• Sage 50
• Sage Business Cloud Payroll Professional
• Adagio Accounting

Who Is Telpay For?

Telpay is ideal for a range of industries, including:

• Property and real estate
• Retail
• Professional services
• Hospitality
• Construction
• Agriculture

Is Telpay Right For You?

Many businesses and their accountants and bookkeepers struggle with fragmented workflows — approval processes, manual reconciliation, and limited visibility into payment status — leading to administrative delays and cash flow uncertainty. Telpay addresses these pain points with secure online payment processing, multiple approvers, and streamlined approvals that keep transactions transparent and on schedule — including for clients with strict signing requirements, like non-profit boards requiring two signatures.Telpay has processed electronic payments for Canadian businesses since 1985, handling over $28 billion annually for more than 13,000 businesses nationwide. Trusted by firms such as The Nerdery Bookkeeping, which uses Telpay to manage client fund transfers without breaching board signing authorities, Telpay serves organizations that prioritize accuracy, efficiency, and compliance.

Still not sure about Telpay? Contact our team at (661) 384-7070 for further guidance.