Request Bill Payments Instantly Using FedNow® and RTP® Rails

Alias-Based, ISO 20022 -Compliant Invoicing for Real-Time Good Funds

Recurring Autopay and Batch Support with Standing Authorization

With standing approval, customers can allow future RfPs to be automatically fulfilled—ideal for:

Subscription billing
Insurance premiums
Healthcare co-pays
Utility payments

Batch RfPs can be uploaded using ISO 20022-formatted files like .XML, .CSV, or .JSON to streamline high-volume billing.

Request for Payments – Parameters, Attributes, Benefits and Features

Parameter/Feature	Description
RfP Type	Real-Time A2A Debit via FedNow® or RTP®
Invoicing Method	SMS, Email, QR Code, App, Hosted Payment Page
Payer Identification	Alias-based (Email, Phone Number, Tokenized ID)
Authorization Model	One-Time Standing Approval for Recurring Autopay
Settlement Time	Instant, Irrevocable, Good Funds
Batch Processing	Upload via ISO 20022 XML, CSV, or JSON formats
Channels Supported	POS, MOTO, Web, Mobile, eCommerce
Remittance Data	ISO 20022 Rich Messaging – Customizable Memo & Invoice Fields
Customer Experience	“Set it and forget it” recurring billing
Merchant Industries	SaaS, Insurance, Healthcare, Utilities, Professional Services, Subscriptions

Minimum Required ISO 20022 Request for Payment Data Fields

For a Request for Payment to be compliant and processable, the following minimum ISO 20022 fields are required:

ISO 20022 Field	Description
MsgId	Unique message ID for audit and tracking
CreDtTm	Timestamp of creation
EndToEndId	Unique reference ID (invoice number or order ID)
InstdAmt/Ccy	Payment amount and currency
Dbtr/Nm	Debtor (payer) alias or display name
Cdtr/Nm	Creditor (merchant/payee) name
DbtrAcct/Id	Alias or token-based payer identifier
CdtrAcct/Id	Payee bank account or alias
ReqdExctnDt	Requested payment execution/due date
RmtInf/Ustrd	Remittance memo or billing reference

These fields ensure consistency, traceability, and compatibility across financial institutions participating in the FedNow® and RTP® networks.

Ask us How:

Easily request bill payments instantly using FedNow® and RTP® real-time payment rails for faster, more secure collections.
Use Request for Payment (RfP™) to send digital invoices by mobile, email, SMS, or QR code, without needing routing or account numbers.
Enable recurring billing through standing authorization, allowing customers to approve future RfPs without manual approval.
Batch upload ISO 20022-compliant files (.XML, .JSON, .CSV) to process thousands of RfPs across all major U.S. financial institutions.
With hosted payment pages, customers can choose their preferred payment rail—FedNow®, RTP®, ACH, BNPL, or cards—and complete payments securely.

"Request Bill Payments" represent the latest evolution in digital invoicing, offering a streamlined and efficient way for payees to initiate payment requests from payers. Here's how Request Bill Payments work when payees send communications to payers via texting, email, point of sale (POS), or digital platforms:

Initiating Requests:

Payees create and send Request Bill Payments to their customers or clients, specifying the amount due, payment details, and any relevant information. This can be done through various channels like texting, email, POS systems, or digital platforms.

Texting and Email:

Payees can send Request Bill Payments via text message or email, providing a convenient and direct communication channel for customers to receive and respond to payment requests.

Point of Sale (POS):

In retail or physical locations, payees can generate Request Bill Payments directly from their POS systems when customers make purchases. This allows for seamless integration of payment requests into the sales process.

Digital Platforms:

Through digital platforms such as invoicing software or online portals, payees can create and manage Request Bill Payments efficiently, offering customers a centralized hub for viewing and responding to payment requests.

Payment Details:

Request Bill Payments include comprehensive payment details, such as the amount owed, due date, accepted payment methods (ACH, credit cards, etc.), and instructions on how to complete the payment.

Convenience and Accessibility:

By leveraging texting, email, POS, and digital platforms, payees make it easy for payers to receive and respond to payment requests from anywhere, at any time, using their preferred communication and payment methods.

Integration with Payment Gateways:

Payees integrate Request Bill Payments with payment gateways to facilitate secure and efficient payment processing. This ensures that payments made in response to the requests are processed seamlessly and funds are deposited into the payee's account.

Tracking and Management:

Payees can track and manage Request Bill Payments through dedicated software or platforms, allowing for efficient monitoring of payment statuses, reminders for overdue payments, and reconciliation with accounting records.

Customer Experience:

Offering Request Bill Payments enhances the customer experience by providing a convenient and transparent way for customers to manage their invoices and make payments, leading to improved satisfaction and retention.

Security and Compliance:

Payees prioritize security and compliance by implementing measures to protect sensitive payment information, adhere to regulatory requirements, and prevent fraud or unauthorized access to payment requests and transactions.

Overall, Request Bill Payments represent a modern and efficient approach to invoicing and payment collection, leveraging digital communication channels and technology to streamline the payment process and enhance the overall customer experience.

Send, Settle, and Scale with Real-Time RfPs at TodayPayments.com

The future of billing is instant, mobile, and alias-driven. With TodayPayments.com, you can Request Bill Payments instantly using FedNow® and RTP®, send digital invoices through any channel, and get paid in seconds.

Whether you're billing once or setting up recurring payments, our platform ensures real-time good funds, seamless reconciliation, and a customer experience that promotes on-time payments.

👉 Visit https://www.TodayPayments.com today to start sending ISO 20022-compliant RfPs—and get paid instantly, every time.

Features & Benefits

Creation Request for Payment Bank File

Pricing with our Request For Payment Professionals

1) Free ISO 20022 Request for Payment File Formats, for FedNow and Real-Time Payments (The Clearing House) .pdf for you manually create "Mandatory" (Mandatory data for completed file) fields, start at page 4, with "yellow" highlighting. $0.0 + No Support

2) We create .csv or .xml formatting using your Bank or Credit Union. Create Multiple Templates. Payer/Customer Routing Transit and Deposit Account Number may be required to import with your bank. You can upload or "key data" into our software for File Creation of "Mandatory" general file.

Fees = $57 monthly, including Support Fees and Batch Fee, Monthly Fee, User Fee, Additional Payment Method on "Hosted Payment Page" (Request for file with an HTML link per transaction to "Hosted Payment Page" with ancillary payment methods of FedNow, RTP, ACH, Cards and many more!) + $.03 per Transaction + 1.5% percentage on gross dollar file,

3) Payer Routing Transit and Deposit Account Number is NOT required to import with your bank. We add your URI for each separate Payer transaction.

Fees Above 2) plus $29 monthly additional QuickBooks Online "QBO" formatting, and "Hosted Payment Page" and WYSIWYG

4) Above 3) plus Create "Total" (over 600 Mandatory, Conditional & Optional fields of all ISO 20022 Pain .013) Price on quote.

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

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