FedNow® – Instant B2B A2A Payments for Merchants & Buyers

Secure, Instant Transfers from Merchants to Buyers with RfP

Send & Receive FedNow® Payments: B2B & A2A Transactions with Request for Payment (RfP)

The FedNow® Request for Payment (RfP) feature is transforming B2B (Business-to-Business) and A2A (Account-to-Account) transactions, allowing merchants (payees) to request and receive real-time payments from buyers (payers). With FedNow®, businesses can eliminate credit card fees, integrate with QuickBooks® QBO, and leverage RTP® real-time payments and Same-Day ACH for seamless transactions.

What is FedNow® Request for Payment (RfP)?

FedNow® is a real-time payment (RTP®) service developed by the Federal Reserve, offering instant, 24/7/365 transactions. The Request for Payment (RfP) feature enables merchants, vendors, and businesses to send payment requests to customers or partners, ensuring immediate settlement and better cash flow management.

Why FedNow® RfP is the Best Payment Solution for Merchants & Businesses

1. Instant B2B & A2A Transactions – Faster Than Credit Cards & ACH

• Credit card transactions take 1-3 days to settle and come with high processing fees.
• Same-Day ACH is faster than standard ACH but still has cutoff times.
• FedNow® RTP® enables real-time, 24/7 instant payments, improving B2B settlements, supplier payments, and invoicing efficiency.

2. Cost Savings – Reduce Credit Card & Processing Fees

• Credit card payments charge merchants 2-3% per transaction.
• FedNow® RfP offers a low-cost alternative, helping businesses retain more revenue.
• No chargebacks, reducing fraud and disputes.

3. Seamless QuickBooks® QBO Integration

• Businesses using QuickBooks® Online (QBO) can sync FedNow® RfP payments for automated invoicing and reconciliation.
• Eliminates manual payment tracking, speeding up accounts receivable processing.

4. Secure, Direct, & Reliable Payments

• Payments go directly from the buyer’s account to the merchant’s account (A2A transactions).
• No intermediaries, reducing the risk of payment fraud, chargebacks, or delays.
• Works 24/7/365, even on weekends and holidays.

5. Enhancing Business Cash Flow with Real-Time Payments

• No more waiting for credit card settlements or ACH processing times.
• FedNow® RfP allows businesses to receive funds instantly, improving liquidity.
• Ideal for suppliers, service providers, and online B2B marketplaces.

Who Can Benefit from FedNow® RfP for B2B & A2A Payments?

• Merchants & service providers requesting payments from customers.
• Freelancers & contractors getting paid instantly for services.
• B2B suppliers & vendors receiving payments in real time.
• E-commerce businesses reducing dependency on credit card processing.

Final Thoughts: Why FedNow® RfP is the Future of B2B & A2A Payments

With FedNow® Request for Payment (RfP), businesses can send payment requests and receive funds instantly—without credit card fees, ACH delays, or chargebacks. Whether you’re using QuickBooks® QBO, processing RTP® real-time payments, or looking for an upgrade from Same-Day ACH, FedNow® is the ultimate payment solution for merchants and businesses.

Upgrade your B2B & A2A transactions with FedNow® RfP today!

Creation Request for Payment Bank File

Enhance Your Send Receive FedNow 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.