FedNow® Request For Payment Service: Automatic Bill Pay & Hosted Invoicing
To empower merchants and service providers with automatic real-time billing and fund settlement by leveraging FedNow® Request for Payment (RfP™) technology, fully integrated with ISO 20022 messaging, alias-based invoicing, and hosted payment page orchestration for flexible, secure, and instant bill pay.
TodayPayments.com delivers the next generation of automated real-time payments through FedNow® Request for Payment (RfP™). With alias invoicing, ISO 20022 compliance, hosted payment page flexibility, and support for recurring billing and batch file uploads, we help merchants simplify digital collections while enhancing data quality, payment certainty, and customer satisfaction.
What Is FedNow® Request for Payment Automatic Bill Pay?
FedNow® RfP™ Is Redefining Bill Pay for the
Real-Time Economy
Today’s businesses and consumers demand
instant, flexible, and secure billing options. With FedNow®
Request for Payment (RfP™), merchants can now send real-time
digital invoices through mobile, SMS, email, or QR code — and
get instant deposits into designated bank accounts,
coordinated via hosted payment pages.
This isn’t just about speed. It’s about
connectivity, orchestration, and data hygiene — enabling better
cash flow, lower risk, and seamless experiences across B2B, C2B, and
A2A payment use cases.
FedNow® Request for Payment (RfP™) allows merchants (Payees) to send digital payment requests to customers (Payers) using alias identifiers (email, phone, etc.) rather than routing/account numbers. Payers can respond in real time by authorizing payment through a secure hosted payments page.
When automatic bill pay is enabled through RfP™, customers can pre-authorize recurring payment schedules — ensuring on-time, irrevocable, and real-time deposits.
RfP™ Delivery Channels
✅ "FREE" Request for Payment Aging & Real-Time Payments Bank Reconciliation – with all merchants process with us.
- SMS & Mobile Text Requests
- Email Invoicing with Direct Links
- QR Code Scanning for POS/MOTO
- API or Batch Upload via Excel/XML
- Hosted Payments Page for Single or Multi-Account Deposit Coordination
Itemized RfP™ Parameters, Attributes, Benefits & Features
Minimum ISO 20022 Fields for RfP™ Transactions
|
Parameter |
ISO 20022 Tag |
Description |
|
Message ID |
<GrpHdr><MsgId> |
Unique transaction reference |
|
Payment Info ID |
<PmtInf><PmtInfId> |
Group identifier for batch or recurring |
|
Creditor Name |
<Cdtr><Nm> |
Merchant requesting funds |
|
Debtor Name |
<Dbtr><Nm> |
Payer's legal name |
|
Alias Identifier |
<CdtrAcct><Id> |
Email, mobile, or tokenized alias |
|
Amount |
<Amt><InstdAmt> |
Requested payment amount |
|
Execution Date |
<ReqdExctnDt> |
Scheduled or immediate payment time |
|
Remittance Info |
<RmtInf><Ustrd> |
Freeform (145 characters) for memo/URL |
|
Payment Purpose Code |
<Purp><Cd> |
"INVOICE", "RENT", "UTILITY", etc. |
Attributes
- Alias-based invoicing (no routing/account exposure)
- Real-time payments via FedNow®
- Hosted payment page redirection and orchestration
- ISO 20022 structured messaging with 145-character free text
- Quick deployment via mobile, email, QR
- Multi-account payment routing (hosted page to unique merchant account)
- Batch file upload via Excel, JSON, or XML
- Supports one-time and variable recurring billing
Benefits of FedNow® RfP™ Automatic Bill Pay
- Instant settlement of good funds into the merchant’s account
- Recurring autopay with one-time customer authorization
- Hosted payments pages route deposits to separate accounts
- Improves cash flow predictability and DSO reduction
- Increases data hygiene and minimizes payment friction
- ISO 20022 compliance improves bank reconciliation accuracy
- Supports A2A, B2B, and C2B use cases
- Integrates with POS, MOTO, ecommerce, ERP, and CRM systems
Ask us How:
FedNow® Request For Payment Service Automatic Bill Pay enables businesses to collect real-time payments using alias invoicing integrated with hosted payment pages. With delivery via email, SMS, or QR codes, RfP™ requests link directly to secure hosted pages that facilitate good fund transfers using FedNow®, RTP®, ACH, or cards — based on the customer’s preference.
For recurring billing scenarios, merchants can activate automatic bill pay using FedNow® RfP™. With standing approvals, customers authorize future transactions once — enabling seamless, on-time deposits without needing to approve each bill manually.
RfP™ invoices support ISO 20022 XML formatting with 145-character unstructured fields, which can embed unique payment links or invoice descriptors. Merchants can orchestrate multiple hosted payment pages, directing deposits to specific accounts for better tracking across business lines or locations.
Batch invoicing is streamlined through QuickBooks®, Excel uploads, or API integration, allowing high-volume merchants to send hundreds of RfPs at once and receive real-time credit confirmation with ISO-standard data integrity.
Automate Real-Time Invoicing at TodayPayments.com
Say goodbye to missed due dates, bounced checks, and payment delays.
With TodayPayments.com, you can:
✅ Send FedNow® RfP™ invoices via text,
email, or QR
✅ Enable automatic bill pay with one-time
payer authorization
✅ Orchestrate multi-account deposits
via hosted payment pages
✅ Upload batch files via Excel,
XML, JSON
✅ Ensure instant good funds and ISO 20022
compliance
Send a digital invoice.
Get paid in
real time.
Automate recurring collections with certainty.
Start now at https://www.TodayPayments.com and experience the power of FedNow® Request for Payment automation.
Creation Request for Payment Bank File
Enhance Your RequestForPaymentService.com 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
