FedNow Request To Pay

Biller's login - Hosted Payments Page
Real-Time Payments Gateway


FedNow® RfP Request to Pay: Real-Time Merchant Bill Pay & Instant Settlements

Mobile Request for Payment FedNow® Request to Pay: A New Era of Instant Payments

The FedNow® Request to Pay (RTP) feature is revolutionizing the way businesses and consumers handle transactions. With real-time payments (RTP®), same-day ACH, and integration with platforms like QuickBooks® Online (QBO), businesses can streamline invoicing, improve cash flow, and reduce reliance on traditional credit cards.

What is FedNow® Request to Pay?

FedNow® is a real-time payments (RTP®) network developed by the Federal Reserve, enabling businesses and individuals to send and receive payments instantly. With the Request to Pay (RTP) feature, businesses can request payments from customers and receive funds instantly once approved.

Automate Request-for-Payment for Faster B2B Invoicing

FedNow Request To Pay FedNow® Bill Pay Merchant Instant Payments with Request for Payment (RfP) aka Request to Pay for B2B

B2B transactions depends on speed, security, and automation. FedNow® Request for Payment (RfP) aka Request to Pay streamlines merchant bill payments, ensuring instant, chargeback-free transactions. By leveraging ISO 20022 digital invoicing, businesses can eliminate delays, automate reconciliation, and optimize cash flow. Below are key benefits, features, and steps to implementing real-time payments across multiple platforms.

FedNow® – Instant, Secure B2B Payments for Merchants

FedNow® Request for Payment (RfP) aka Request to Pay enables merchants to receive instant payments for B2B transactions. Using ISO 20022 structured invoicing, businesses eliminate manual processing delays, reduce fraud risks, and improve payment accuracy. Real-time payments ensure faster invoice settlements, stronger supplier relationships, and better liquidity management.

Benefits of FedNow® for B2B Payments:

  • Instant invoice funding with real-time settlement.
  • Automated reconciliation using ISO 20022 invoicing.
  • Chargeback-free transactions for complete financial security.
  • 24/7/365 availability beyond banking hours.

Features of Implement FedNow® Request-for-Payment:

  • Set up FedNow® access with your bank or payment provider.
  • Integrate ISO 20022 digital invoicing into your payment system.
  • Upload batch invoices for real-time payment processing.

Confirm and track instant settlements with automated reconciliation

ISO 20022 Digital Invoicing for Structured, Secure Transactions

Key Benefits of FedNow® Request to Pay

1. Faster Payments vs. Credit Cards & ACH

  • Traditional credit card transactions can take days to settle, often with high processing fees.
  • Same-day ACH is faster than standard ACH but still has cutoff times and potential delays.
  • FedNow® RTP allows instant payment settlement, reducing waiting times and improving cash flow.

2. Seamless Integration with QuickBooks® QBO

  • Businesses using QuickBooks® Online (QBO) can integrate FedNow® RTP for real-time invoicing and payment collection.
  • Eliminates the need for manual reconciliation and speeds up accounts receivable processing.

3. Cost-Effective Alternative to Credit Cards

  • Lower transaction fees compared to credit card processing.
  • No chargeback risks, reducing fraud concerns.
  • Funds are available immediately, unlike credit card payments that take days to clear.

4. Real-Time Payments (RTP®) and Same-Day ACH

  • FedNow® RTP transactions settle instantly, 24/7/365.
  • Same-day ACH remains a useful option but is not as immediate as FedNow®.

Who Can Benefit from FedNow® Request to Pay?

  • Small businesses looking for faster payments and lower fees.
  • Freelancers and contractors needing instant payments without credit card fees.
  • Retailers and e-commerce platforms aiming for real-time checkouts.
  • B2B companies optimizing cash flow and reducing invoice aging.

Final Thoughts

FedNow® Request to Pay (RTP®) is a game-changer for businesses seeking instant, secure, and cost-effective transactions. Whether you're integrating payments with QuickBooks® QBO, reducing reliance on credit cards, or leveraging same-day ACH, FedNow® is setting a new standard in financial transactions.

Creation Request for Payment Bank File

Enhance Your FedNow Request To Pay 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.

Request for Payment

... 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.

Each day, thousands of businesses around the country are turning their transactions into profit with real-time payment solutions like ours.

Contact Us for FedNow Request To Pay payment processing pricing