FedNow® – Automate B2B Payments with Digital RfP Messaging

Secure, Instant, and Compliant Digital Invoicing

~ FedNow® RfP – Digital B2B Invoicing with Text, Email & Mobile Payments

~ Streamline Recurring B2B Payments with ISO 20022 Messaging

~ Secure, Automated Digital Invoicing via Text, Mobile & Email

~ Enhancing B2B Transactions with FedNow® RfP

In today’s evolving financial landscape, businesses need faster, more efficient, and automated payment solutions to streamline transactions. FedNow Merchants Billers use Request-for-Payment RfP B2B Digital Texting, Mobile Phones, and Email Using ISO 20022 Messaging to optimize digital invoicing and enable real-time settlements. With FedNow® RfP, RTP®, and Same-Day ACH integration, businesses can request and process payments instantly, reducing manual errors and improving cash flow.

ISO 20022 Request-for-Payment messaging standardizes B2B financial transactions, ensuring security, compliance, and operational efficiency. Businesses can now send automated payment requests via email, mobile, and text messaging, offering a frictionless payment experience for vendors and customers. By leveraging FedNow® RfP for digital invoicing, businesses enhance financial predictability and reduce operational risks.

FedNow Merchants Billers use Request-for-Payment RfP B2B Digital Texting, Mobile Phones, and Email Using ISO 20022 Messaging to automate secure and instant digital invoicing. Businesses can now request and receive real-time B2B payments with FedNow® RfP, enhancing cash flow and minimizing manual processing delays. With ISO 20022 standardized messaging, merchants can send automated payment requests via text, mobile, or email, ensuring seamless communication and immediate settlements.

By integrating FedNow® RfP, businesses benefit from real-time tracking, fraud prevention, and automated reconciliation, reducing administrative burdens. This advanced solution supports high-volume transactions, making it ideal for subscription billing, vendor payments, and automated invoicing workflows. Leveraging mobile-friendly RfP invoicing, businesses improve customer convenience and payment efficiency.

• FedNow® Request-for-Payment RfP for B2B mobile and email invoicing
• Automated real-time digital invoicing with ISO 20022 messaging
• Secure mobile and text-based B2B payment request processing
• Instant FedNow® RfP settlements for recurring business transactions

Creation Request for Payment Bank File

Enhance Your FedNow Billers 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.