FedNow® Sign-Up to Receive Merchant Account(s)
Why Businesses Are Signing Up for FedNow® with TodayPayments.com
FedNow® Sign-Up to Receive Merchant
Account(s)
Businesses today demand faster, more secure,
and cost-efficient payment processing to stay ahead in an
increasingly digital economy. Traditional payment methods, such as
ACH transfers, wire payments, and credit card transactions,
introduce delays, high processing fees, and security
vulnerabilities. The FedNow® Service offers real-time,
instant account-to-account (A2A) transactions, transforming how
businesses send and receive payments.
By signing up for a FedNow® merchant account, businesses can process transactions instantly, improve cash flow management, and eliminate costly delays. TodayPayments.com provides an easy way for merchants to enroll in FedNow®, enabling them to accept instant payments across multiple banks and credit unions in all 50 states.
With our service, businesses can register FedNow® merchant accounts online, 24/7, without visiting a bank. Instead of sharing full banking details, merchants can use cell phone numbers or email addresses as secure aliases, ensuring safer, faster, and more efficient transactions.
Custom Hosted Payment Pages for RfP Invoicing
FedNow® Sign-Up to Receive Merchant Account(s) Today
Why Businesses Are Signing Up for FedNow® with TodayPayments.com
Businesses are adopting FedNow® to enhance transaction speed, improve security, and reduce processing costs. Unlike traditional banking, FedNow® eliminates settlement delays, allowing businesses to access their funds instantly. By using alias-based transactions, merchants can conduct secure payments with just a phone number or email address rather than full banking details.
TodayPayments.com provides businesses with multiple Merchant Identification Numbers (MIDs), allowing them to manage payments efficiently across different departments, financial institutions, or subsidiaries. With 24/7 online sign-up, businesses can enroll in FedNow® without visiting a bank and integrate with QuickBooks® QBO for seamless financial management.
Comprehensive FedNow® Merchant Services by TodayPayments.com
Dual FedNow® & Real-Time Payments (RTP®) Merchant Accounts
Businesses can register for both FedNow® and RTP® merchant accounts to facilitate instant payments across multiple platforms. Unlike many banks that offer limited real-time payment solutions, TodayPayments.com provides an integrated approach for businesses seeking seamless payment processing.
Multiple FedNow® Merchant Accounts Across Banks & Credit Unions
Merchants can enroll multiple FedNow® accounts across various banks and credit unions nationwide. This is particularly beneficial for businesses with multiple locations, subsidiaries, or financial institutions, allowing them to consolidate transactions under one efficient system.
Custom Hosted Payment Pages for Request for Payment (RfP) Invoicing
Businesses can create customized, branded payment pages for Request for Payment (RfP) invoicing, ensuring a professional and seamless payment experience. These pages comply with ISO 20022 messaging standards, allowing businesses to send invoices and receive payments instantly via embedded links in emails, invoices, or SMS messages.
Support for Multiple Email Addresses & Cell Phone Numbers
Businesses can assign unique MIDs to multiple aliases, including phone numbers and email addresses, ensuring secure and efficient transaction tracking. This feature is ideal for companies handling large transaction volumes or requiring separate accounts for different departments.
FedNow® Processing Nationwide – Available in All 50 States
TodayPayments.com supports FedNow® merchant accounts nationwide, allowing businesses to transact instantly across multiple banks and credit unions without geographical restrictions.
✅
"FREE" Real-Time Payments Bank Reconciliation – with all merchants process with us.
- Treasurers and CFOs can manage transactions instantly using our reconciliation tools.
- No additional costs—this is a free feature!
Step-by-Step Guide for U.S. Merchants to Sign Up for FedNow®
1️⃣ Register online at
TodayPayments.com—no need for in-person bank visits.
2️⃣
Use a cell phone number or email address as a secure alias for
transactions.
3️⃣ Enroll multiple bank
accounts under a single FedNow® merchant account.
4️⃣
Receive unique MIDs for each alias, ensuring easier financial
management.
5️⃣ Integrate FedNow® with
QuickBooks® QBO for automated reconciliation.
6️⃣
Start accepting instant FedNow® payments via mobile, email, and
SMS invoicing.
Key Benefits of Signing Up for a FedNow® Merchant Account with TodayPayments.com
Lower Transaction Costs – Eliminate Credit Card Fees
Businesses using FedNow® can reduce payment processing costs significantly. Unlike credit card payments, FedNow® transactions do not involve chargebacks, PCI compliance fees, or high interchange rates, making it a cost-effective alternative.
Instant Fund Transfers – Improve Cash Flow
With FedNow®, payments are processed instantly, ensuring real-time access to funds. Businesses no longer need to wait for ACH batch processing or wire transfer approvals, leading to better liquidity and financial stability.
100% Online Enrollment – No Physical Bank Visits Needed
Businesses can register for a FedNow® merchant account entirely online, eliminating the need for in-person bank applications. This allows merchants to start accepting instant payments without delays.
Enhanced Security with Alias-Based Transactions
Instead of exposing full banking details, merchants can use secure aliases such as phone numbers and email addresses. This minimizes the risk of fraud and unauthorized transactions, ensuring safer financial interactions.
Multiple MIDs for Business Payment Management
Businesses can assign different MIDs for different departments, store locations, or subsidiaries, enabling better organization and financial tracking.
24/7/365 Payment Processing – No Delays
FedNow® supports round-the-clock payment processing, allowing businesses to accept and send payments any time, including weekends and holidays.
Industries That Benefit Most from Signing Up for a FedNow® Merchant Account
Retail & E-Commerce
FedNow® enables instant checkout payments, reducing abandoned carts and enhancing the customer experience with fast, reliable transactions.
B2B & Wholesale Payments
Businesses can simplify vendor and supplier payments, ensuring instant fund transfers without costly wire fees or ACH delays.
Subscription & Membership-Based Businesses
By automating recurring payments, FedNow® ensures timely billing without chargeback risks, making it ideal for SaaS, fitness clubs, and membership-based services.
Freelancers & Gig Economy
Freelancers and independent contractors can receive payments instantly, eliminating payment delays and providing financial security.
High-Risk Industries
Unlike traditional banks, which often restrict merchant accounts based on industry type, TodayPayments.com accepts all businesses, including high-risk industries such as gaming, adult services, and CBD.
Sign Up for a FedNow® Merchant Account Today with TodayPayments.com
Businesses that embrace real-time payments gain a competitive edge in speed, security, and cost savings. By signing up for a FedNow® merchant account with TodayPayments.com, businesses can enjoy:
Instant fund settlements with 24/7/365
availability
Lower processing costs with no chargebacks or PCI
fees
Secure transactions using alias-based processing
Quick
and easy online sign-up with no need for physical bank visits
Seamless integration with QuickBooks® QBO for automated
reconciliation
Start today with TodayPayments.com and begin accepting real-time FedNow® payments instantly!
Creation Request for Payment Bank File
Enhance Your FedNow Sign-Up 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.
Contact Us for FedNow Sign-Up payment processing pricing
