How Real-Time Business FedNow® & RTP® Work for QuickBooks® Online

What Are FedNow® & RTP®? How Do They Enable Instant Transactions?

Today Payments is an Authorized Developer of Intuit offering a highly robust app that supports both QuickBooks’ desktop and online customers, provide merchants with the tools they need so they can focus more time on their customers and businesses, and less time on data entry.

Real-Time Business FedNow® & RTP® – Instant Transactions for B2B, C2B, B2C Invoices in QuickBooks® Online

The Need for Faster, Smarter Invoicing & Payments

Managing invoices and payments in QuickBooks® Online (QBO) can be a frustrating experience for businesses due to payment delays, high transaction fees, and manual reconciliation challenges.

ACH payments take 1-3 business days to process, delaying cash flow.
Credit card transactions charge businesses 2-4% in processing fees.
Wire transfers are expensive and limited by banking hours.

Now, businesses can eliminate these inefficiencies by integrating Real-Time Business FedNow® & RTP® for instant, secure transactions in QuickBooks® Online using SecureQBPlugin™.

Imagine sending an invoice in QuickBooks® and receiving payment instantly—24/7/365, with no banking delays or credit card fees!

TodayPayments.com explores how real-time payments via FedNow® & RTP® enable B2B, C2B, and B2C businesses to accelerate cash flow and reduce operational costs.


See
the features

QuickBooks® ACH, Cards, FedNow and Real-Time Payments

| 239 Shares | Tags: QuickBooks® Real-Time Payments Request for Payments

QuickBooks Online Software QuickBooks Accounting Software Image
  • ~ Automate Account Receivable Collection
  • ~ Automate Account Payable Payments
  • ~ One-time and Recurring Debits / Credits

Secure QB Plugin payment processing through QuickBooks ® specializes in the origination of moving money electronically.

Ask about our special: Using "Real-Time Business" Request for Payments in QBO QuickBooks

FedNow® and RTP® (Real-Time Payments) allow businesses to send and receive payments instantly, eliminating the need for ACH, wire transfers, or credit cards.

Unlike traditional payment systems that require batch processing or banking hours, FedNow® & RTP® transactions process in real-time, ensuring immediate fund availability.

How FedNow® & RTP® Work with QuickBooks® Online via SecureQBPlugin™:

✅ The business generates an invoice in QuickBooks® Online.
✅ The customer receives a payment request via FedNow® or RTP®.
✅ The customer approves the payment, instantly transferring funds.
✅ Funds are deposited immediately—no waiting periods or cut-off times.
✅ The transaction is automatically recorded in QuickBooks®, eliminating manual reconciliation.

This streamlined process improves efficiency, eliminates payment delays, and saves businesses thousands in processing fees.

Why Businesses Should Use FedNow® & RTP® in QuickBooks® Online

1. Get Paid Instantly – No More Waiting for ACH or Wire Transfers

ACH transactions take days, while FedNow® & RTP® payments clear in seconds.
Businesses can access funds immediately, improving financial agility.

2. Lower Transaction Costs – No Credit Card Fees

Credit card networks charge businesses 2-4% per transaction.
With FedNow® & RTP®, payments are direct, cutting out costly intermediaries.

3. 24/7/365 Transactions – No Banking Delays

⏰ Traditional bank transfers are restricted to business hours and cut-off times.
✅ FedNow® & RTP® process payments instantly—even on weekends and holidays.

4. No Chargebacks – Enhanced Security & Finality

Credit card payments can be reversed, leading to fraud risks.
✅ FedNow® & RTP® transactions are final and secure, eliminating disputes.

5. Works for All Business Payment Types (B2B, C2B, and B2C)

✅ B2B (Business-to-Business) Transactions: Pay suppliers, vendors, and service providers instantly.
✅ C2B (Customer-to-Business) Transactions: Customers make instant payments, improving checkout and invoicing.
✅ B2C (Business-to-Customer) Transactions: Businesses issue payroll, refunds, and rebates in real time.

FedNow® & RTP® vs. Traditional Payment Methods for QuickBooks® Online

Comparison Table: Instant Transactions vs. ACH vs. Credit Cards

Feature

FedNow® & RTP® (A2A Transactions in QuickBooks®)

ACH Transfers

Credit Cards

Wire Transfers

Processing Speed

Instant (Seconds)

1-3 Business Days

1-3 Business Days

Same Day (Cut-off Times)

Availability

24/7/365

Business Days Only

24/7, but slow settlement

Business Days Only

Transaction Fees

Low or None

Varies by Bank

2-4% Per Transaction

High Fees ($15-$50)

Chargebacks Allowed?

No

Possible Reversals

Yes

Possible Reversals

Best For

B2B, C2B, Freelancers, Gig Economy

Recurring Payments

Consumer Retail Transactions

Large International Transfers

 

Key Takeaway: Integrating FedNow® & RTP® with QuickBooks® Online via SecureQBPlugin™ offers the fastest, safest, and most cost-effective way to process invoices and payments.

Ask Us:

Integrate FedNow® & RTP® with QuickBooks® Online for real-time invoicing.
SecureQBPlugin™ for instant invoice payments in QuickBooks®.
How businesses can save money using FedNow® & RTP® payments.
Real-time invoice processing with FedNow® & RTP® in QuickBooks®.
How to eliminate credit card fees with instant payments in QuickBooks®.

How to Get Started with FedNow® & RTP® in QuickBooks® Online Using SecureQBPlugin™

Step-by-Step Guide:

✅ Step 1: Ensure Your Bank Supports FedNow® or RTP®.
✅ Step 2: Download & Install SecureQBPlugin™.
✅ Step 3: Connect Your Bank Account & Enable Instant Payments.
✅ Step 4: Activate FedNow® & RTP® for QuickBooks® Online Invoices.
✅ Step 5: Start Sending & Receiving Real-Time Payments—24/7/365!

Once integrated, businesses can process invoices instantly, reduce transaction fees, and automate reconciliation in QuickBooks®.

Upgrade Your Payment System with TodayPayments.com

Are you still waiting days for payments or paying high processing fees? It’s time to switch to real-time transactions with FedNow® & RTP® in QuickBooks®!

Business Owners & Accountants: Automate invoicing, eliminate payment delays, and improve cash flow.
Retailers & Service Providers: Accept real-time customer payments with no chargebacks.
Freelancers & Contractors: Stop waiting for ACH transfers—get paid in seconds.
Banks & Financial Institutions: Offer your customers the fastest, most secure payment option available today.

With SecureQBPlugin™ and TodayPayments.com, integrating real-time payments with QuickBooks® Online has never been easier.

Sign up with TodayPayments.com now and start accepting instant invoice payments!

Request for Payment

Creation Request for Payment Bank File

Enhance Your Real-Time Business using QuickBooks QBO, 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, 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) show how to implement Create Real-Time Payments Request for Payment File up front delivering 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 continuing through a "Payment Hub", will be the RtP Hub will be The Clearing House, with messaging to the Debtor's (Payer's) bank.

Our in-house QuickBooks payments experts are standing ready to help you make an informed decision to move your company's payment processing forward.

Quick Comment Form

Start using our FedNow Real-Time Payments Bank Reconciliation:

FedNow Bank Reconciliation

 Dynamic integrated with FedNow & Real-Time Payments (RtP) Bank Reconciliation: Accrual / Cash / QBO - Undeposited Funds


Give Us A Call

(866) 927-7180

Apply NOW

Stop Going to Your Bank to Deposit Checks!