What Is Anywhere FedNow® & RTP®? Understanding Mobile Request for Payment (RfP)
How Mobile Request for Payment (RfP) Works with FedNow® & RTP®
Anywhere FedNow® & RTP® – Instant Mobile
Request for Payment A2A Transactions for B2B, C2B, B2C
The Future of Anywhere, Anytime Instant
Payments
Businesses today can’t afford to wait for slow
transactions or deal with costly processing fees. Traditional
payment systems lack real-time capabilities, creating cash flow
inefficiencies and high operational costs.
ACH payments take 1-3 business
days to process, delaying funds.
Credit card
payments come with transaction fees of 2-4%, reducing profitability.
Wire transfers are expensive and limited by banking
hours.
With Anywhere FedNow® & RTP® Mobile Request for Payment (RfP), businesses and individuals can send and receive payments instantly, ensuring real-time, secure A2A (Account-to-Account) transactions for B2B, C2B, and B2C payments—24/7/365.
Imagine sending a payment request and receiving funds in seconds, anytime, anywhere, without banking delays or fees!
TodayPayments.com shows how Anywhere FedNow® & RTP® enable real-time digital payments through Mobile Request for Payment (RfP), revolutionizing financial transactions for businesses and consumers alike.
Attributes of "Anywhere FedNow" for your business using instant payments
Anywhere FedNow® & RTP® Mobile Request for Payment (RfP) is a digital invoicing and payment request system that allows businesses, freelancers, and service providers to request and receive instant payments in real-time.
Unlike traditional invoicing and delayed bank transfers, RfP ensures immediate, structured, and automated payment transactions, directly from payer to payee.
How Mobile RfP A2A Transactions Work for Businesses & Consumers
1️⃣ The payee (business,
freelancer, vendor) sends a digital payment request via Mobile
RfP.
2️⃣ The payer (customer) receives a secure
notification in their bank’s app or payment portal.
3️⃣
The payer reviews and authorizes the transaction, initiating an
instant FedNow® or RTP® A2A payment.
4️⃣ Funds are
transferred in seconds—no waiting, no delays.
5️⃣
The transaction is finalized, ensuring immediate access to funds.
This process automates payments, eliminating unpaid invoices, disputes, and delayed transactions.
Why Businesses Should Use Anywhere FedNow® & RTP® Mobile Request for Payment (RfP)
1. Get Paid Instantly – No More Waiting for ACH or Wire Transfers
FedNow® & RTP® transactions
settle in real time, eliminating processing delays.
Businesses improve cash flow with faster payments, reducing
financial bottlenecks.
2. Lower Transaction Costs – No More Credit Card Fees
Credit card networks charge
2-4% per transaction, eating into profit margins.
With FedNow® & RTP®, payments are direct A2A transactions,
avoiding unnecessary fees.
3. 24/7/365 Availability – Payments Anytime, Anywhere
⏰ Unlike ACH or wire transfers, which operate on banking schedules, FedNow® & RTP® allow transactions 24/7—even weekends and holidays.
4. No Chargebacks – Secure, Finalized Transactions
Unlike credit card transactions, which can be disputed and reversed, FedNow® & RTP® transactions are final, reducing chargeback fraud.
5. Works for All Business Payment Types (B2B, C2B, B2C)
✅ B2B (Business-to-Business)
Transactions: Vendors, suppliers, and contractors get paid
instantly.
✅ C2B (Customer-to-Business)
Transactions: Customers can pay for services in real-time.
✅ B2C (Business-to-Customer) Transactions:
Payroll, refunds, and disbursements are sent immediately.
Anywhere FedNow® & RTP® vs. Traditional Payment Methods
Comparison Table: FedNow® & RTP® vs. ACH vs. Credit Cards
|
Feature |
Anywhere FedNow® & RTP® (Mobile RfP A2A Payments) |
ACH Transfers |
Credit Cards |
|
Processing Speed |
Instant (Seconds) |
1-3 Business Days |
1-3 Business Days |
|
Transaction Fees |
Low or None |
Varies by Bank |
2-4% Per Transaction |
|
Availability |
24/7/365 |
Business Days Only |
24/7, but slow settlement |
|
Chargebacks Allowed? |
No |
Possible Reversals |
Yes |
|
Best Use Cases |
B2B, C2B, B2C Digital Payments |
Recurring Payments |
Consumer Retail Payments |
Key Takeaway: Mobile RfP with FedNow® & RTP® provides the fastest, safest, and most cost-effective solution compared to ACH and credit card payments.
How to Get Started with Anywhere FedNow® & RTP® Mobile Request for Payment (RfP
Step-by-Step Guide:
✅ Step 1: Ensure Your Bank
Supports FedNow® & RTP®.
✅ Step 2: Enable Mobile
RfP in Your Banking or Payment System.
✅ Step 3:
Send Digital Payment Requests to Customers in Real-Time.
✅ Step 4: Customers Approve & Complete Transactions
Instantly.
✅ Step 5: Receive Payments in Seconds –
No Delays, No Waiting!
Once enabled, businesses can process payments faster, eliminate invoice delays, and improve overall financial efficiency.
Upgrade to Anywhere FedNow® & RTP® Mobile Payments with TodayPayments.com
Are you still waiting days for payments and losing money to processing fees? Switch to real-time Mobile Requests for Payments with FedNow® & RTP® today!
Business Owners & Entrepreneurs: Eliminate
payment delays and automate invoicing.
Freelancers &
Contractors: Stop waiting for slow bank transfers—get paid
instantly.
Retailers & Service Providers: Accept real-time
customer payments with no chargebacks.
Banks & Financial
Institutions: Provide businesses with the fastest, most secure
payment solutions available.
With TodayPayments.com, integrating real-time payments has never been easier!
Sign up at TodayPayments.com now and start accepting instant payments!
Creation Request for Payment Bank File
Enhance Your Anywhere 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.
Contact Us for Anywhere FedNow payment processing pricing
