Telpay was founded in 1985 as a
research-and-development division of
Comcheq Services, a
payroll company started by
Bill Loewen in 1968. In March 1985, the first reports of telephone-generated bill payments were delivered to
Manitoba Hydro and
Manitoba Telephone System. In 1992, Loewen sold Comcheq to
CIBC, but retained control of the Telpay division, thereby establishing Telpay Incorporated, with Loewen as chair. == Organization ==