Electronic Payment Articles
About this Website
This site has been provided by Telpay Incorporated to assist policy advisors, businesses and individuals in understanding the Canadian Payments System during this period of significant and frequent changes.
The site provides an opportunity for an open discussion about electronic payments and industry related issues. Each of the following articles describe areas of the payment system that few have an opportunity to understand in detail. We invite your responses. We encourage its distribution to colleagues and acquaintances with an interest in payment and accounting systems.
We also encourage your conveying your own thoughts to the Minister of Finance and/or your Member of Parliament.
Minister of Finance
Hon James Flaherty
Minister
Finance Canada
140 O’Connor Street
Ottawa ON K1A 0G5
Email. jim.flaherty@parl.gc.ca
Members of Parliament addresses may be found at:
http://www.parl.gc.ca/MembersOfParliament/MainMPsCompleteList.aspx?TimePeriod=Current&Language=E
W.H. Loewen, CM, FCA
Chairman
Telpay Incorporated
298 Garry Street, Winnipeg MB R3C 1H3
May 1, 2012
The author or these articles, W.H. Loewen, CM, FCA, is Chairman of Telpay Incorporated. Mr. Loewen was the founder of Comcheq Payroll Services which was the leader in service, innovation and price for payroll services in Canada from 1968 to 1993 when Comcheq was sold to CIBC. The Telpay service continued as an independent bill payment service. In 1985 Comcheq introduced Telpay Electronic Bill Payment Services, a first in Canada. From 1990 to 1995 Telpay provided the highly successful pilot project of the CIBC which lead to all five major banks introducing their own electronic service. Telpay has served the smaller banks, credit unions and other payment service providers as well as providing its services to businesses and individuals. It continues to be the prime innovator with its “pay anyone” technology to serve the need for electronic payments by business.
Mr. Loewen has been a contributor to the development of ideas and policies in the payment field, including serving on the Canadian Payment System Bill Payment Task Force from 2007 to 1010. He also participated as a member of the Task Force for Payment System Review. During the more than forty years of providing payment services to industry and individuals, Comcheq, Telpay and Loewen have won numerous awards for innovation, business leadership and community support.