Why FedNow® Real-Time Payments Benefit Every Industry – Even High-Risk Merchants
Real-Time Settlements, Lower Costs, & No Chargebacks
Accept FedNow® Real-Time Payments for Any
Industry – Even High-Risk Merchants
The Future of Instant Payments Across All
Industries
The demand for real-time, secure, and cost-effective payments is growing across all industries, including e-commerce, B2B services, healthcare, financial services, and even high-risk merchants. However, many businesses struggle with slow ACH transactions, high credit card fees, chargebacks, and banking restrictions.
FedNow® is changing the game. By enabling instant, real-time payments through all banks and credit unions, businesses of all types—including Small Mid-Size Businesses (SMBs) and high-risk merchants—can now accept payments 24/7, process invoices faster, and reduce transaction costs.
With TodayPayments, a premier FedNow® processor, businesses can seamlessly integrate Request for Payments (RfP) via mobile, text, and email with .html linking for payees and payers. Additionally, FedNow® Bill Pay for B2B and C2B ensures smooth transactions for suppliers, vendors, and customers.
Request for Payments (RfP) – Mobile, Text & Email Payments for Any Business
Traditional payment methods like ACH, wire transfers, and credit cards often come with long processing times, high fees, and fraud risks—especially for businesses classified as high-risk merchants.
Key Benefits of Accepting FedNow® Payments
✅ Instant Transactions –
No waiting for ACH or card processing
✅
Available to All Industries – No restrictions, even for
high-risk merchants
✅ Lower Fees – Avoid
excessive credit card processing and wire transfer costs
✅ No Chargebacks – FedNow® payments are final and
irreversible
✅ 24/7/365 Payment
Availability – No bank hours or weekend delays
Industries That Benefit from FedNow®:
✅ E-commerce & Retail – Instant checkout &
customer payments
✅ Healthcare & Telemedicine
– Faster insurance reimbursements & patient billing
✅
Legal & Financial Services – Real-time invoice processing
✅ Subscription & SaaS Businesses – Seamless
recurring payments
✅ High-Risk Merchants –
CBD, gaming, adult industries, crypto, etc.
How TodayPayments Enables Seamless FedNow® RfP Transactions
Request for Payments (RfP) via FedNow® allows businesses to request and receive instant payments through multiple channels, including mobile, text, and email with .html linking for both payees and payers.
How It Works:
✔
Step 1: A business sends a FedNow® payment request (RfP)
via mobile, text, or email
✔ Step 2: The
customer or payer clicks the secure .html link to authorize
payment
✔ Step 3: Funds are instantly
transferred via FedNow®, and a confirmation receipt is
generated
Key Advantages of RfP for Businesses & High-Risk Merchants
✔ Faster Invoice Payments
– Get paid instantly instead of waiting days
✔
Secure Transactions – No risk of fraud, disputes, or
chargebacks
✔ Increased Customer Convenience
– Payments can be completed in seconds
✔
Works with All Banks & Credit Unions – No third-party
restrictions
FedNow® Bill Pay – Real-Time B2B & C2B Transactions for Every Industry
Enhance Supplier & Customer Payments with Instant Bank Transfers
With FedNow® Bill Pay, businesses can send and receive payments instantly, directly from bank accounts—eliminating the need for costly wire transfers or slow ACH transactions.
How FedNow® Bill Pay Works:
✔ Businesses send bills or invoices through
QuickBooks®, ERP systems, or TodayPayments’ API
✔
Customers or vendors pay instantly using FedNow®, with funds
settling in real time
✔ Transactions are recorded
automatically with ISO 20022 messaging compliance
Top Benefits of FedNow® Bill Pay
✔ 24/7 Real-Time Settlements
– No more waiting for bank batch processing
✔
Eliminates Credit Card Fees – Direct bank-to-bank transfers
with no middlemen
✔ Works for B2B & C2B
Transactions – Pay vendors, suppliers, and customers instantly
✔ ISO 20022 Messaging – Ensures structured,
secure, and automated payment reconciliation
ISO 20022 Messaging – Secure, Automated, and Standardized Transactions
How ISO 20022 Benefits SMBs & High-Risk Merchants
All FedNow® transactions follow ISO 20022 messaging, ensuring payments are structured, transparent, and secure.
✔ Automated Payment
Reconciliation – No manual entry required
✔
Fraud Prevention & Data Security – Real-time encryption and
authentication
✔ Standardized Global
Transactions – Seamless cross-border compatibility
By integrating ISO 20022-compliant payments, businesses improve compliance, financial tracking, and data accuracy for faster decision-making.
Ask us how:
"Accept FedNow® real-time payments for
high-risk merchants and SMBs"
"How to integrate FedNow®
with all banks & credit unions for instant payments"
"Request for Payments (RfP) via mobile, text, and email with .html
linking"
"FedNow® Bill Pay for B2B and C2B real-time
business transactions"
"ISO 20022 messaging for secure
and automated FedNow® payments"
Accept FedNow® Payments Today with TodayPayments
Your business deserves faster, more reliable, and lower-cost payment solutions. Whether you're an SMB, enterprise, or high-risk merchant, TodayPayments ensures you can accept real-time FedNow® transactions through all banks and credit unions.
With
TodayPayments, a premier FedNow® processor, you get:
✔ Instant real-time payments for all
industries—including high-risk merchants
✔ Request
for Payments (RfP) via mobile, text & email with .html links
✔ Real-time FedNow® Bill Pay for B2B & C2B
transactions
✔ Lower transaction fees & no
chargebacks
✔ ISO 20022-compliant transactions for
automated reconciliation
🚀 Don’t get left behind—upgrade to real-time payments today! 🚀
Creation Request for Payment Bank File
Enhance Your FedNow Companies 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 Companies payment processing pricing
