FedNow® Request for Payment (RfP™): Real-Time Digital Invoicing & Instant Settlement
To empower businesses of all sizes to send and receive secure, real-time payments using FedNow® Request for Payment (RfP™) technology, while streamlining invoicing and settlement through ISO 20022 digital messaging standards.
TodayPayments.com is redefining business payments with FedNow®-powered RfP™ Invoicing. From contractors and eCommerce platforms to medical providers and high-risk merchants, we offer instant settlement, alias-based invoicing, and QR-code payments — all without routing numbers. Our platform delivers certainty, speed, and scalability, with full support for batch, recurring, and mobile payments via secure hosted pages.
How Request for Payments - Real-Time
Revolutionizing the Way Businesses Get Paid
In today’s economy, speed, trust, and
automation are non-negotiable. Businesses need instant cash
flow, and customers expect seamless digital payment options. That’s
where FedNow® Request for Payment (RfP™) transforms the
landscape — empowering merchants to send real-time invoices
and receive immediate good-funds payments, 24/7/365.
From email and SMS to Quick Response Code (QRC) scanning, this ISO 20022-driven solution replaces outdated billing practices with a modern, alias-based, API-ready platform.
FedNow® RfP™ lets a Payee (merchant) issue digital invoice requests to Payers (customers) using:
- Mobile Phones
- SMS & Text Messaging
- Email Links
- Hosted Payment Pages
- QR Codes
The customer selects their preferred payment method — whether via bank, card, ACH, BNPL, or FedNow® — and authorizes instant transfer of good funds directly to the merchant.
Itemized RfP™ Parameters, Attributes, Benefits & Features
✅ "FREE" Request for Payment Aging & Real-Time Payments Bank Reconciliation – with all merchants process with us.
Itemized RfP™ Parameters, Attributes, Benefits & Features
Core Parameters
- MsgId – Unique message identifier
- PmtInfId – Payment information block
- Cdtr/Nm – Payee (merchant) name
- CdtrAcct/Id – Alias (email, phone) or account ID
- Dbtr/Nm – Payer (customer) name
- RmtInf/Ustrd – Invoice or bill description
- ReqdExctnDt – Requested execution date
- Amt/InstdAmt – Instructed payment amount
Key Attributes
- ISO 20022 XML, JSON, Excel format support
- Alias-based invoicing (no routing/account required)
- Push payments via A2A, B2B, and C2B rails
- Batch-ready for Recurring Billing Models
- API-enabled for QuickBooks®, POS, and ERP systems
- QR-code enabled for walk-in, delivery, and remote services
Business Benefits
- 24/7/365 real-time payment settlement
- Reduces billing friction and customer churn
- Enhances cash flow visibility
- Eliminates chargebacks and NSFs
- Secure, encrypted invoice delivery over SMS, email, or hosted web
- Ideal for eCommerce, POS, MOTO, and mobile-first industries
Supported Use Cases for FedNow® RfP™
- Medical, Dental & Wellness Clinics (HIPAA-compliant invoicing)
- Contractors, Electricians & Plumbers (Instant post-service billing)
- Tutors, Coaches & Freelancers (Alias-based remote invoicing)
- Ecommerce & MOTO Merchants (QR codes & batch processing)
- Recurring Subscription Services (Variable recurring payments)
Mandatory ISO 20022 Data Fields for Basic RfP™ Compliance
To send a minimal valid RfP™ message over the FedNow® rail, the following ISO 20022 XML fields are required:
- <GrpHdr><MsgId> – Unique Message ID
- <PmtInf><PmtInfId> – Payment Information ID
- <Cdtr><Nm> – Creditor Name
- <CdtrAcct><Id> – Alias or Account ID
- <Dbtr><Nm> – Debtor Name
- <Amt><InstdAmt Ccy="USD"> – Amount in U.S. Dollars
- <RmtInf><Ustrd> – Free-text invoice/bill description
- <ReqdExctnDt> – Execution date
- <Purp><Cd> – Code for payment reason (e.g., INVOICE)
Ask us How:
Send real-time invoices using FedNow® Request for Payment (RfP™) and receive instant good-funds payments via mobile phone, SMS, or email — all without sharing your bank routing number. With ISO 20022 rich-data messaging, your business can support hosted payment pages, secure QR-code payments, and QuickBooks® integration for batch or one-off invoices.
Use alias-based invoicing to protect banking credentials while improving customer response times. Merchants can send digital invoices for on-demand payments, recurring charges, or bulk billing — all powered by FedNow® or RTP® rails.
Your business receives payment instantly once the customer authorizes it — with certainty, not pending deposits. No chargebacks. No settlement delays.
Supercharge Your Business Payments at TodayPayments.com
Ready to get paid faster? Eliminate the wait and supercharge your billing workflows with FedNow® Request for Payment (RfP™) at TodayPayments.com. Whether you’re invoicing from QuickBooks®, sending mobile text bills, or automating recurring payments with batch files — we make it simple, secure, and real-time.
Accept payments anytime. Get funded instantly. Certainty, powered by TodayPayments.
Creation Request for Payment Bank File
Enhance Your Request Bill Payments using Real-Time Payments 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 "Your Website" - Hosted Payments Page 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 Real-Time 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 Request For Payment payment processing
