Business services

Which electronic bill payment platform fits your business?

Managing your bill payments doesn’t have to be complicated. At Conexus, we offer two digital bill payment solutions – Lead Bank and Telpay – designed to help your business stay organized, reduce manual work and improve cash flow. Whether you’re issuing invoices, collecting remittances or paying bills our platforms give you the flexibility and control to manage it all in one place.

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Difference between Lead Bank and Telpay.

Lead Bank

  • Consolidates payments and settlements directly to your account
  • Provides online access to detailed electronic bill payment reports 
  • Offers file transmission options, eliminating manual data entry 
  • Reduces administrative costs and improves efficiency

Telpay

  • Specializes in electronic payments such as direct deposit payroll, vendor payments and government remittances 
  • No fee to be set up as a Conexus bill payee 
  • Cost-effective option for smaller number of bill payments 
  • Enables referrals to be set up as a bill payment vendor at other financial institutions 
  • Daily reports keep you informed and in control

What both platforms can manage:

  • Customer and resident bill payments 

  • Vendor and supplier payments 

  • Recurring and one-time invoices 

  • Remittances and collections 

  • Payments from other financial institutions 

  • Consolidated settlements and reporting

Who it's for:

  • Businesses looking to automate payment processes
  • Businesses who have a large volume of payments
  • Businesses with diverse payment needs
  • Accountants and bookkeepers who want to manage their clients’ payments efficiently
FAQs

Common questions.

Here's what people ask us the most.

Lead Bank is designed for businesses with larger or more complex payment needs, offering consolidated settlements, detailed reporting and file transmission. Telpay specializes in payments such as payroll, vendor payments and government remittances and can be a cost-effective option for businesses with smaller payment volumes.

The right solution depends on your payment volume, types of payments and how you manage your business finances. Lead Bank may be a better fit for businesses with high volumes or diverse payment needs, while Telpay may suit businesses looking for a cost-effective solution for a smaller number of payments.

Yes. Lead Bank provides online access to detailed electronic bill payment reports, while Telpay provides daily reports to help you stay informed and in control of your payment activity.

Yes. Lead Bank offers file transmission options that can eliminate manual data entry, while both solutions are designed to help automate payment processes and improve efficiency.

There is no fee to be set up as a Conexus bill payee through Telpay. Other fees or costs may apply depending on the service and payment needs.

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