Register FedNow® Merchant Account(s) – Instant Business Payments
Why Businesses Are Registering for FedNow® with TodayPayments.com
Register FedNow® Merchant Account(s) for
Instant Business Transactions
The way businesses handle transactions is
rapidly evolving. Traditional payment methods such as ACH transfers,
wire payments, and credit card processing often involve high fees,
slow settlement times, and security risks. FedNow® offers a
revolutionary real-time payment solution that allows
businesses to send and receive payments instantly, ensuring
faster cash flow and enhanced financial management.
By registering a FedNow® merchant account, businesses can seamlessly integrate instant payment processing into their financial operations. TodayPayments.com makes this process simple by providing merchant accounts for both FedNow® and Real-Time Payments (RTP®), allowing businesses to operate efficiently across multiple banks and credit unions nationwide.
With our solution, businesses can use a cell phone number or email address as an alias instead of sharing full financial details. No more waiting in bank lines—register your FedNow® merchant account online anytime, 24/7.
Custom Hosted Payment Pages for RfP Invoicing
Register FedNow® Merchant Account(s) Today
Why Businesses Are Registering for FedNow® with TodayPayments.com
Registering a FedNow® merchant account provides businesses with instant payment processing, eliminating delays and reducing operational costs. Companies can use aliases such as phone numbers and email addresses to make transactions secure and efficient. Additionally, multiple Merchant Identification Numbers (MIDs) can be assigned to different divisions or locations for streamlined payment tracking.
With 24/7 online registration, businesses can enroll in FedNow® accounts from anywhere without visiting a bank. By integrating with QuickBooks® QBO, businesses can automate reconciliation and cash flow tracking, making financial management easier than ever.
Comprehensive FedNow® Merchant Services by TodayPayments.com
Dual FedNow® & Real-Time Payments (RTP®) Merchant Accounts
Businesses can access both FedNow® and RTP® merchant accounts to expand their payment processing capabilities. While many banks only offer traditional banking services, TodayPayments.com provides instant payment processing across multiple financial institutions.
Multiple FedNow® Merchant Accounts Across Banks & Credit Unions
Merchants can register multiple FedNow® accounts with different banks and credit unions across all 50 states. This feature is particularly beneficial for companies with multiple locations or subsidiaries, allowing them to manage all transactions under one platform.
Custom Hosted Payment Pages for Request for Payment (RfP) Invoicing
Businesses can create custom-branded payment pages to simplify payment collection. Request for Payment (RfP) invoices can be linked directly to these pages, enabling quick and secure transactions through ISO 20022-compliant messaging.
Support for Multiple Email Addresses & Cell Phone Numbers
Companies can assign unique MIDs to multiple aliases, including email addresses and cell phone numbers, providing additional security and convenience. Businesses with high transaction volumes or multiple departments can streamline payments with individual tracking for each alias.
FedNow® Processing Nationwide – Covering All 50 States
TodayPayments.com supports transactions across multiple banks and credit unions in all 50 states. Businesses operating in multiple regions can register FedNow® merchant accounts without geographical limitations.
✅
"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 Register FedNow®
1️⃣ Sign up online at
TodayPayments.com—no bank visits required.
2️⃣
Register a cell phone number or email address as an alias for
transactions.
3️⃣ Enroll multiple bank accounts
under a single merchant account.
4️⃣ Receive
unique MIDs for each alias to simplify financial tracking.
5️⃣
Integrate FedNow® with QuickBooks® QBO for automated
reconciliation.
6️⃣ Start accepting instant
FedNow® payments via mobile, email, and SMS invoicing.
Key Benefits of Registering a FedNow® Merchant Account with TodayPayments.com
Lower Transaction Costs – No More Credit Card Fees
By registering a FedNow® merchant account, businesses can eliminate expensive credit card processing fees. FedNow® transactions offer a low-cost alternative with no chargebacks, PCI compliance fees, or excessive merchant fees.
Instant Fund Transfers – Better Cash Flow Management
Unlike traditional ACH transfers, FedNow® transactions settle instantly, ensuring businesses receive payments without delays. Faster settlements improve cash flow and reduce financial uncertainty.
100% Online Enrollment – No Bank Visits Needed
Businesses can register a FedNow® merchant account entirely online, bypassing the need for in-person applications at a bank. This feature accelerates the approval process, allowing companies to start accepting real-time payments quickly.
Enhanced Security with Alias-Based Transactions
Instead of sharing full banking details, businesses can use a phone number or email address as a secure alias, minimizing the risk of fraud and unauthorized transactions.
Multiple MIDs for Business Payment Management
Companies can assign different MIDs based on departments, locations, or corporate divisions, improving financial tracking and reporting. This feature is particularly useful for organizations managing multiple revenue streams.
24/7/365 Payment Processing – No Downtime
FedNow® enables businesses to accept and process payments anytime, including weekends and holidays, ensuring continuous operation without financial interruptions.
Industries That Benefit Most from Registering a FedNow® Merchant Account
Retail & E-Commerce
Instant checkout options improve customer satisfaction and reduce abandoned cart rates. With FedNow®, businesses can offer faster, more reliable transactions.
B2B & Wholesale Payments
Business-to-business transactions benefit from real-time payments, eliminating delays in vendor and supplier payments. Companies can avoid late fees and costly wire transfer fees.
Subscription & Membership-Based Businesses
Automating recurring payments with FedNow® ensures on-time billing cycles without chargeback risks. This method is ideal for SaaS companies, fitness clubs, and subscription-based services.
Freelancers & Gig Economy
Freelancers and gig workers can receive payments instantly using FedNow®, eliminating waiting periods and enhancing financial stability.
High-Risk Industries
Unlike traditional banks that restrict merchant accounts based on industry type, TodayPayments.com accepts all businesses, including high-risk industries such as gaming, CBD, and adult services.
Register Your FedNow® Merchant Account Today with TodayPayments.com
The ability to accept real-time payments is essential for modern businesses. By registering a FedNow® merchant account with TodayPayments.com, businesses can enjoy:
Instant transactions with real-time fund
settlement
Lower processing costs with no credit card fees or
chargebacks
Secure transactions using email and phone number
aliases
24/7 online registration with no need for bank visits
QuickBooks® QBO integration for automated reconciliation
Sign up today at TodayPayments.com and start processing real-time FedNow® payments instantly!
Creation Request for Payment Bank File
Enhance Your Register 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 Register FedNow payment processing pricing
