Request for Payment Service: Recurring & Batch Real-Time Payments with FedNow® and RTP®
To empower businesses to automate billing and cash flow using real-time payment networks like FedNow® and RTP®, with secure, alias-based Request for Payments (RfP™), recurring scheduling, and batch uploads that streamline invoicing and reconciliation from mobile to enterprise.
TodayPayments.com provides future-forward payment solutions that turn every invoice into a real-time opportunity. With our Request for Payment Service, businesses eliminate collections delays and automate recurring billing with ISO 20022 messaging, FedNow® and RTP® rail compatibility, and QuickBooks® integration—no manual follow-up required.
Real-Time Billing That Works While You Sleep
In a digital-first economy, merchants, SaaS providers, and service businesses need more than just invoices—they need payment certainty. Request for Payments (RfP™) powered by FedNow® and RTP® introduces recurring automation, alias-based security, and batch invoicing features that replace manual billing with seamless, real-time transactions. Whether you're billing one customer or 10,000, your payments arrive as good funds in seconds—not days.
Itemized Request for Payments (RfP™): Parameters, Attributes, Benefits, Features
✅
"FREE" Real-Time Payments Bank Reconciliation – with all merchants process with us.
|
Category |
Details |
|
Parameters |
Real-time settlement via FedNow®
or RTP® |
|
Attributes |
Hosted Payment Page included in
each RfP™ |
|
Benefits |
Instant good funds |
|
Features |
Variable recurring amounts |
Ask us How:
Recurring Bill Pay via FedNow® and RTP®: One-Time Authorization, Continuous Collection
Merchants can leverage real-time Request for Payments (RfP™) to initiate automatic bill payments. Customers pre-authorize recurring payments, which eliminates the need for approval every cycle. This “set it and forget it” model is ideal for subscription billing, memberships, utilities, and insurance providers looking to reduce churn and boost collections efficiency.
Batch Request for Payments with Alias-Based Routing
Each RfP™ can be sent in bulk using batch file formats (Excel, XML, JSON), with transactions routed to specific merchant accounts via alias-based MID assignments—no routing or account numbers needed. Alias IDs (email or phone) increase customer trust and simplify reconciliation across departments.
ISO 20022 XML Messaging: Rich Metadata for Automation
Each RfP™ follows the ISO 20022 XML schema, embedding rich metadata to automate settlement, aging, and tracking. The <Ustrd> field allows up to 145 characters of unstructured remittance data—perfect for invoice numbers, PO references, or customer IDs. These RfPs plug into Hosted Payment Pages accessible by email, SMS, and Quick Response Codes.
QuickBooks® Integration for Real-Time Reconciliation
Our payment service integrates directly into QuickBooks® Online (QBO) and Desktop Enterprise, posting settled transactions back into the AR ledger in real time. No more manual matching or chasing bank statements—just immediate, verified payment receipts logged against open invoices.
Summary of Minimum ISO 20022 Fields for a Valid RfP™
|
Field Name |
Purpose |
|
<MsgId> |
Unique identifier for each Request for Payment |
|
<CreDtTm> |
Creation timestamp for tracking and reconciliation |
|
<ReqdExctnDt> |
Scheduled execution date for recurring payments |
|
<Dbtr> |
Debtor alias (payer’s email or mobile) |
|
<Cdtr> |
Creditor alias (merchant or payee) |
|
<Amt> |
Amount requested—can support variable logic for recurring charges |
|
<Ustrd> |
Up to 145 characters of freeform invoice-related data |
|
<PmtMtd> |
Real-time push payment using RTP® or FedNow® |
|
<RmtInf> |
Reference to original invoice or payment instruction |
Request for Payment Service (RfP) is a payment system that allows a payee to request payment from a payer for goods or services provided. It is a type of electronic invoicing that is designed to simplify the payment process and reduce the time and cost associated with paper-based invoicing.
RfP enables payees to send a payment request to a payer through a mobile application or website, specifying the amount to be paid, the due date, and any other relevant details. The payer can review the request and approve or decline the payment, and once approved, the funds are transferred from their account to the payee's account.
This service is usually provided by banks or financial institutions, and it is commonly used by businesses to collect payments from their customers or clients. RfP can be integrated with accounting software and other financial management tools to streamline the payment process, reduce errors, and improve the accuracy of financial records.
RfP is a fast, secure, and efficient way to request payment, and it provides a paperless and more environmentally friendly alternative to traditional invoicing methods. It can also help businesses to improve cash flow by reducing the time between invoicing and payment receipt.
Take Charge of Real-Time Billing with TodayPayments.com
With TodayPayments.com, you don’t wait to get paid—you trigger the payment. Our RfP™ Request for Payment Service:
Supports recurring and batch billing
Sends invoices via email, SMS, mobile, or QRC
Embeds
Hosted Payment Pages into every transaction
Complies with
ISO 20022
Delivers instant good funds via
FedNow® and RTP®
Integrates with QuickBooks® Enterprise
& Online
Whether you invoice customers once a month or once a minute, you need a billing solution that’s fast, flexible, and future-ready.
👉 Visit https://www.TodayPayments.com and automate your entire billing cycle with real-time precision.
Features & Benefits
FedNow instant payments has benefits for all parties involved in
Financial Transactions.
Benefits to your company include:
Money Transfer: Current limit of $1,000,000+ ~ FedNow, $10,000,000+ ~ RTP.
It's Fast: 24/7/365 access to funds anytime vs.
several days for paper checks or ACH transfers to process.
Request for Payments ( RfP ™): Mobile & Online Real-Time Bill Payments.
It's Final: All RTP and Instant Payments are Final & Irrevocable.
Software Integration: Integrate your Management
or Enterprise software with us.
! Message Detail: RfP™ – The 145-character unstructured field in ISO 20022 XML messages enables merchants to embed invoice numbers, payer notes, or payment links. ~ Call us now for all the Benefits: Pay FedNow, RTP, ACH, Credit Cards .html links!!
Online Down Payments: Don't use inconvenient
and expensive Wires & Cashier's Checks.
Online Real-Time Reporting: Configured
Dashboard with Virtual Terminal login.
Reduced calls / emails in the "Purchasing Chain": All
parties to a instant payment transaction receive immediately
text & email messaging.
The
FedNow and RTP Systems enables Participants to initiate credit transfers,
receive final and irrevocable settlement for credit transfers,
and make available to Receivers funds associated with such
credit transfers in real-time, twenty-four (24) hours a day,
seven (7) days a week, fifty-two (52) weeks a year. All instant payments are "Credit
Push" instead of "Debit Pull."
Creation Request for Payment Bank File
Call us, the .csv and or .xml Request for Payment (RfP) file you need while on your 1st phone call! We guarantee our reports work to your Bank and Credit Union. We were years ahead of competitors recognizing the benefits of RequestForPayment.com. We are not a Bank. Our function as a role as an "Accounting System" in Open Banking with Real-Time Payments to work with Billers to create the Request for Payment to upload the Biller's Bank online platform. U.S. Companies need help to learn the RfP message delivering their bank. Today Payments' ISO 20022 Payment Initiation (PAIN .013) shows how to implement Create Real-Time Payments Request for Payment File up front delivering a message from the Creditor (Payee) to it's bank. Most banks (FIs) will deliver the message Import and Batch files for their company depositors for both FedNow and Real-Time Payments (RtP). Once uploaded correctly, the Creditor's (Payee's) bank continues through a "Payment Hub", will be the RtP Hub will be The Clearing House, with messaging to the Debtor's (Payer's) bank.
... 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.
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.
Contact Us for Request For Payment payment processing
