FedNow® and RTP®: Low-Cost Real-Time Payment Processing for Businesses
How Businesses Can Reduce Real-Time Payment Processing Fees
Understanding FedNow® and RTP® Real-Time
Payment Processing Fees
As businesses shift towards faster, more
secure transactions, real-time payment solutions like FedNow®
and RTP® (Real-Time Payments) are revolutionizing merchant
payment processing. However, understanding the fees
associated with these instant payment services is crucial to
optimizing your business's cash flow.
With TodayPayments.com, you can process real-time payments at the lowest cost while enjoying quick, secure, and efficient transactions. Whether you're a small business, large enterprise, or high-risk merchant, our instant payment solutions help you save money on fees and streamline financial operations.
Step-by-Step Guide to Getting the Best RTP® and FedNow® Payment Rates
What Determines FedNow® and RTP® Payment Processing Fees?
1. Transaction Volume and Frequency
- Lower fees for businesses processing high volumes.
- Flat-rate pricing and discounted bulk transaction options.
- No hidden fees or bank surcharges.
2. Multi-Bank and Credit Union Integration
- Seamless FedNow® and RTP® setup across multiple financial institutions.
- No need to visit a bank physically—apply online 24/7.
- Use multiple MIDs (Merchant Identification Numbers) for different divisions.
3. Real-Time Reconciliation and Cost Savings
- Automatic QuickBooks® QBO integration to track fees and transactions.
- Free real-time payments bank reconciliation—reduce accounting costs.
- Flat-rate fees that help businesses predict monthly expenses.
✅
"FREE" Real-Time Payments Bank Reconciliation – with all merchants process with us.
Benefits of Choosing TodayPayments.com for FedNow® and RTP® Processing
✅ Instant approval for RTP®
and FedNow® merchant accounts—no waiting.
✅
B2B, B2C, C2B, and A2A payments with the lowest processing fees.
✅ No unnecessary bank charges—save money on every
transaction.
✅ Hosted Payment Page for
seamless customer invoicing and Request-for-Payments (RfPs).
✅ Supports POS, retail, wholesale, MOTO, and
SMS-based payments.
✅ Secure processing of
high-risk merchant accounts legally and efficiently.
How to Get the Best FedNow® and RTP® Payment Processing Rates
1️⃣ Apply online at
TodayPayments.com—no paperwork, no delays.
2️⃣
Get instant approval and start processing real-time
payments immediately.
3️⃣ Integrate with
QuickBooks® QBO for automated reconciliation.
4️⃣
Choose the best transaction pricing based on your
business volume.
5️⃣ Enjoy seamless,
low-cost RTP® and FedNow® payments for your business.
Sign Up for Low-Cost FedNow® and RTP® Merchant Processing Today!
Don't let high transaction fees cut into your profits! TodayPayments.com provides the cheapest, most secure real-time payment processing solutions for businesses of all sizes.
✅ Apply Now & Reduce Your Payment Processing Costs!
Visit TodayPayments.com to get started!
Creation Request for Payment Bank File
Enhance Your My RTP Account 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 My RTP Account payment processing pricing
