FedNow & Real-Time
Payments
Solutions
Online integrated Origination, Sending, Receiving and Recordation of all Good Funds Transfers.
"All participants receive instant real-time electronic notifications. Use our online Payment Gateway interface or integrate your in-house system with our API"
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How Requests Payment Works with RTP® & RfP Mobile Invoicing
What is RTP® & How Does It Enable Instant Transactions?
Requests Payment Using RTP® – Instant A2A
Transactions with RfP Mobile Invoicing
The Demand for Faster, Smarter Payments
Traditional payment systems struggle to meet
the demands of modern businesses. ACH transactions take days, wire
transfers are costly, and credit cards come with high processing
fees. These inefficiencies create cash flow challenges, delayed
payments, and operational inefficiencies for businesses,
freelancers, and service providers.
ACH payments take 1-3 business
days, slowing down transactions.
Wire transfers
come with high costs and restricted banking hours.
Credit card processing fees (2-4%) cut into profit margins.
With Requests Payment (RfP) powered by RTP® (Real-Time Payments), businesses and individuals can send structured payment requests using mobile invoicing, allowing payees to receive instant A2A (Account-to-Account) transactions.
Imagine requesting a payment and receiving funds within seconds—24/7/365, with no banking delays or excessive processing fees!
TodayPayments.com shows how Requests Payment via RTP® and RfP mobile invoicing transforms A2A transactions between payees and payers, offering faster, secure, and cost-efficient payments.
"Requests Payment" for your business using Real-Time Payments
RTP® (Real-Time Payments) is a next-generation payment network that enables instant transactions between bank accounts without relying on traditional credit card networks or delayed ACH transfers.
By integrating Request for Payments (RfP) mobile invoicing, businesses can:
✔ Send invoices directly via
digital payment requests.
✔ Receive instant
payments, with no waiting period.
✔ Reduce
transaction costs by eliminating credit card fees.
✔
Enhance security with structured payment messaging.
How Request for Payments (RfP) Mobile Invoicing Works for A2A Transactions
1️⃣ The payee (business,
freelancer, or vendor) generates an RfP payment request via a
mobile invoicing platform.
2️⃣ The payer
(customer) receives an instant notification via their bank’s app.
3️⃣ The payer reviews and approves the request,
initiating an instant RTP® transaction.
4️⃣ Funds
are deposited into the payee’s account immediately—no waiting, no
delays.
This automation eliminates unpaid invoices, manual payment tracking, and chargeback risks.
Why Businesses Should Use Requests Payment via RTP® & RfP Mobile Invoicing
1. Get Paid Instantly – No More Waiting for ACH or Wire Transfers
ACH transactions take days,
while RTP® payments process in seconds.
Businesses can access funds immediately, improving cash flow.
2. Lower Transaction Costs – No Credit Card Fees
Credit card networks charge
businesses 2-4% per transaction.
With RTP®,
payments are direct, avoiding unnecessary fees.
3. 24/7/365 Transactions – No Banking Delays
⏰ Unlike ACH or wire transfers, which depend on banking hours, RTP® processes payments anytime—even on weekends and holidays.
4. No Chargebacks – Enhanced Security & Finality
Credit card payments allow
chargebacks, leading to fraud risks.
✅ RTP®
transactions are final, eliminating disputes and reducing fraud.
5. Works for All Business & Personal Payment Types (B2B, C2B, and B2C)
✅ B2B (Business-to-Business)
Transactions: Vendors, suppliers, and contractors receive
payments instantly.
✅ C2B
(Customer-to-Business) Transactions: Customers make real-time
payments, improving checkout efficiency.
✅ B2C
(Business-to-Customer) Transactions: Businesses send payroll,
refunds, and rebates instantly.
How RTP® & RfP Compare to Traditional Payment Methods
Comparison Table: Instant A2A Transactions vs. ACH vs. Credit Cards
|
Feature |
Requests Payment via RTP® & RfP (A2A Transactions) |
ACH Transfers |
Credit Cards |
Wire Transfers |
|
Processing Speed |
Instant (Seconds) |
1-3 Business Days |
1-3 Business Days |
Same Day (Cut-off Times) |
|
Availability |
24/7/365 |
Business Days Only |
24/7, but slow settlement |
Business Days Only |
|
Transaction Fees |
Low or None |
Varies by Bank |
2-4% Per Transaction |
High Fees ($15-$50) |
|
Chargebacks Allowed? |
No |
Possible Reversals |
Yes |
Possible Reversals |
|
Best For |
B2B, C2B, Freelancers, Gig Economy |
Recurring Payments |
Consumer Retail Transactions |
Large International Transfers |
Key Takeaway: RTP® and RfP provide the fastest, safest, and most cost-effective solution for A2A transactions.
Ask Us:
Requests Payment using RTP® with RfP for
instant A2A transactions.
How to enable Request for Payments
(RfP) using RTP® real-time payments.
RTP® vs. ACH vs. credit
cards: Which is best for A2A transactions?
How businesses can
reduce costs using real-time payments with RTP®.
Best instant
payment solution for B2B, C2B, and B2C transactions.
How to Get Started with Requests Payment via RTP® & RfP Mobile Invoicing
Step-by-Step Guide:
✅ Step 1: Confirm Your
Bank Supports RTP®.
✅ Step 2: Choose
an RfP-enabled payment provider.
✅ Step 3:
Set Up Your Business Account & Enable Instant A2A Transactions.
✅ Step 4: Send Payment Requests & Receive
Instant Payments.
✅ Step 5: Enjoy
Faster, More Secure, and More Reliable Transactions!
Once integrated, businesses and individuals can process payments instantly, reduce transaction fees, and automate reconciliation.
Start Accepting Instant Payments with TodayPayments.com
Are you still waiting days for payments or paying high processing fees? It’s time to switch to Requests Payment via RTP® & RfP!
Business Owners &
Entrepreneurs: Automate invoicing, eliminate payment delays,
and improve cash flow.
Freelancers &
Contractors: Stop waiting for clients to process ACH
payments—get paid instantly.
Retailers &
Service Providers: Accept real-time customer payments with no
chargebacks.
Banks & Financial Institutions:
Offer your customers the fastest, most secure payment option
available today.
With RTP® & Request for Payments, payments are faster, smarter, and more secure.
Sign up with TodayPayments.com now and start accepting real-time transactions!
Creation Request for Payment Bank File
Enhance Your Requests Payment Real-Time Payments Requests with FedNow’s ISO 20022 Messaging
Streamline Payments with Advanced Request for Payment Options:
Harness the power of FedNow's Request for Payment system to transform how you manage invoices and remittances. Our platform supports diverse data integration options, allowing payees to incorporate detailed invoice data directly within the RfP message or link to a comprehensive Merchant Page.
Flexible Invoice Details with ISO 20022 Messaging:
Leverage the flexibility of ISO 20022 messaging standards in our RfP system. You can choose to display crucial payment details directly in the message with a concise 140-character description, or through a dynamic "Hyper-Link" leading to a detailed Merchant Page. This Merchant Page can be hosted either on your website or TodayPayments.com/HostedPaymentPage.html through our seamless integration solution.
Customizable Merchant Pages for Enhanced Customer Experience:
Create a Merchant Page that not only details all the MIDs you own but also presents these options attractively to your customers through the RfP. This customization ensures that whether your payer opts for Real-Time Payment, Same-Day ACH, or Card transactions, they can easily navigate and complete their payments through a simple click on the hyperlink provided on your Merchant Page.
Call us today and receive the .csv or .xml FedNow® or Request for Payment (RfP) file you need—all during your very first phone call! We guarantee that our comprehensive reports integrate flawlessly with your bank or credit union. As pioneers in recognizing the benefits of RequestForPayment.com, we have stayed years ahead of our competitors. Although we are not a bank, our role as an "Accounting System" within the Open Banking ecosystem enables us to work with billers to create effective RfP files that seamlessly upload to the biller's online banking platform. U.S. companies rely on our expertise to learn how to deliver the RfP message directly to their bank with precision.
Our advanced solution, Today Payments' ISO 20022 Payment Initiation (PAIN.013), demonstrates how to create a Real-Time Payments Request for Payment file that sends a clear message from the creditor (payee) to its bank. Most financial institutions support the import of messaging and batch files for both FedNow® and Real-Time Payments (RtP), ensuring smooth processing. Once the file is correctly uploaded, the creditor’s bank processes the payment through a secure "Payment Hub"—with The Clearing House serving as the RtP Hub—and relays the message to the debtor's (payer's) bank. This streamlined approach not only accelerates transaction processing but also enhances transparency and reliability for all parties involved.
... easily create Real-Time Payments RfP files. No risk. Test with your bank and delete "test" files before APPROVAL on your Bank's Online Payments Platform.
Today Payments is a leader in the evolution of immediate payments. We were years ahead of competitors recognizing the benefits of Same-Day ACH
and Real-Time Payments funding. Our business clients receive faster
availability of funds on deposited items and instant notification of
items presented for deposit all based on real-time activity.
Dedicated to providing superior customer service and
industry-leading technology.
Contact Us for Request For Payment payment processing
