What is FedNow® & How TodayPayments Optimizes It for SMBs?
Revolutionizing Instant & Secure FedNow® Transactions for Small & Mid-Sized Businesses
FedNow® Company – Instant Payments with
TodayPayments, A Premier FedNow® Processor
The Future of Instant Business Payments
is Here
Businesses need fast, seamless, and secure payment solutions to thrive in today’s digital economy. Waiting for traditional ACH transfers, credit card processing delays, or wire transfer settlements is no longer practical.
Enter FedNow® Transactions—an advanced payment system designed to offer real-time, Account-to-Account (A2A) credit and debit transactions for B2B, C2B, and B2C businesses. With TodayPayments, a premier FedNow® processor, businesses can now integrate FedNow® RfP (Request for Payments) via mobile, text, and email with .html linking capabilities for payees and payers.
With ISO 20022 messaging, enhanced automation, and instant settlements, "SMB" (Small and Medium Businesses) merchants can now accept and send payments effortlessly while improving cash flow and reducing processing costs.
FedNow® Request for Payments (RfP) – Mobile, Text & Email Payment Solutions
FedNow® is a real-time payment system operated by the Federal Reserve, allowing businesses to send and receive instant payments 24/7/365.
With TodayPayments, businesses can seamlessly connect to the FedNow® network, enabling instant payment processing, lower fees, and automated reconciliation.
Why SMBs Need FedNow® Transactions?
✅ Instant Settlements –
No more waiting for ACH processing times
✅
Lower Transaction Costs – No hefty credit card fees or wire
transfer expenses
✅ 24/7 Availability – No
more delays due to bank hours, weekends, or holidays
✅
ISO 20022-Compliant Messaging – Ensures standardized,
structured payment data
✅ Zero Chargebacks
– Payments are final and cannot be reversed
Ask us how:
"FedNow® Company instant payment solutions
for SMBs"
"TodayPayments premier FedNow® processor for
real-time transactions"
"How to use FedNow® Request for
Payments (RfP) via mobile, text & email"
"Instant A2A
credit and debit transactions with FedNow® for businesses"
"ISO 20022 messaging benefits for real-time payments"
How TodayPayments Enables Faster Payments via Multiple Channels
TodayPayments integrates FedNow® Request for Payments (RfP) with mobile, text, and email-based transactions, making payments easier for both payees and payers.
How It Works:
✔
A business sends an instant payment request via mobile, text, or
email
✔ The customer receives a secure link (.html
linking) to approve and process the payment
✔ The
funds are transferred instantly via FedNow®, with confirmation
provided in real-time
Top Benefits of FedNow® RfP via TodayPayments
✔ Faster Invoice Payments
– Reduce outstanding balances and improve cash flow
✔
Enhanced Customer Convenience – Pay using text, email, or a
simple .html link
✔ Secure Transactions –
Encrypted, real-time transactions with no chargebacks
✔
Automated Reconciliation – Payments are logged
automatically for record-keeping
Instant A2A Credit & Debit Transactions for B2B, C2B & B2C
Why Businesses Need Real-Time A2A Payments?
Unlike traditional bank transfers, FedNow® supports Just-in-Time Account-to-Account (A2A) credit and debit transactions, ensuring payments happen instantly, securely, and without delays.
Industries Benefiting from FedNow® Instant Payments
✅ E-commerce & Retail –
Faster checkout and supplier payments
✅
Healthcare – Quick patient billing and insurance payouts
✅ Real Estate & Property Management – Instant
rent and escrow transfers
✅ Freelancers &
Contractors – Get paid instantly with no processing delays
✅ B2B Enterprises – Automate bulk payments and
supplier transactions
ISO 20022 Messaging – The Future of Financial Transactions
Structured, Secure & Automated Payment Data>
FedNow® operates with ISO 20022 messaging, the global standard for secure and structured payments.
✔ Better Transaction Data
– Payments include structured details for tracking
✔
Fraud Prevention & Security – Reduces errors and
unauthorized transactions
✔ Global
Compatibility – Works seamlessly across banking systems
Upgrade Your Payment System with TodayPayments
Your business deserves instant, secure, and cost-effective transactions—and TodayPayments is here to help!
With
TodayPayments, a premier FedNow® processor, you can:
✔ Accept & process real-time payments via mobile,
text & email
✔ Enable Just-in-Time A2A
transactions for suppliers, vendors, & customers
✔
Reduce transaction fees & eliminate chargebacks
✔
Ensure 24/7 payment processing with ISO 20022 compliance
🚀 Don’t wait—start accepting real-time payments today! 🚀
Creation Request for Payment Bank File
Enhance Your FedNow Company Payment 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 Instant 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 FedNow Company payment processing pricing
