Real-Time Bill Pay for Payees with Certain Funds Using Auto-Pay

Core RTP® & FedNow® Parameters for Auto-Pay

Key Features

1. Auto-Pay via Hosted Request for Payment (RfP™)

Customers can authorize recurring payments via secure hosted links, enabling merchants to receive funds automatically in real time—perfect for monthly bills, insurance premiums, and software subscriptions.

2. Certain Funds, No Reversals

Unlike ACH or card payments, FedNow® and RTP® transactions settle with finality. No chargebacks, no holds—just 100% Good Funds for your business.

3. Batch and Recurring File Upload Support

Upload ISO 20022-compliant .XML, .JSON, or Excel files to automate hundreds or thousands of recurring Auto-Pay transactions at once.

4. Alias-Based MID Assignment

Assign MID aliases by user, branch, or location to track Auto-Pay transactions across divisions—boosting transparency and reconciliation accuracy.

5. 24/7 Real-Time Network Access

Payments settle any day, any hour, even weekends and holidays. FedNow® and RTP® guarantee availability and speed with no batch windows.

6. Hosted Payment Pages on Every RfP™

Merchants don’t need custom development. Every RfP™ includes a responsive, branded payment page that supports customer Auto-Pay activation with minimal friction.

7. Instant AR Reconciliation

Payments are recorded and synced automatically into QuickBooks®, ERP systems, and accounting dashboards—eliminating delays and manual matching.

Ask us How:

• Real-Time Bill Pay with Auto-Pay lets merchants schedule and collect Good Funds instantly using FedNow® and RTP® for subscription, B2B, or consumer billing models.
• Merchants can initiate hosted RfPs and receive payments 24/7 with ISO 20022 batch uploads in Excel, XML, or JSON formats—ideal for scalable billing workflows.
• Unlike card payments or ACH, real-time payment rails offer certainty, finality, and zero chargeback risk—giving businesses secure cash flow control.
• TodayPayments.com integrates hosted payment pages with mobile and email delivery so that customers can activate Auto-Pay in seconds from any device.
• Auto-reconciliation removes the need to manually match payments to open invoices—saving finance teams time and reducing AR aging.

Why Businesses Choose TodayPayments.com for Real-Time Auto-Pay Bill Collection

1. ✅ Automate real-time Auto-Pay collections with hosted RfPs
2. ✅ Enable instant Good Funds via FedNow® and RTP®
3. ✅ Upload ISO 20022 batch files for recurring transactions
4. ✅ Deliver branded hosted payment pages—no developer needed
5. ✅ Assign alias-based MIDs for department-level tracking
6. ✅ Eliminate chargebacks and settlement delays
7. ✅ Onboard online with zero paperwork or hardware

To set up Real-Time Bill Pay using either a Bank Bill-pay dashboard or a Biller payment page, with merchants enrolling in RTP Service through Real-TimePayments.com, follow these detailed steps:

Steps for Real-Time Bill Pay Integration

1. Merchant Enrollment in RTP Service

1. Register with Real-TimePayments.com:

   • Merchants need to sign up on Real-TimePayments.com and enroll in their RTP Service.
   • Complete any necessary KYC (Know Your Customer) and compliance processes.

2. Configure RTP Integration:

   • Set up the RTP Service within the Real-TimePayments.com dashboard.
   • Ensure that the merchant's bank account is linked and ready to receive real-time payments.

2. Setting Up Real-Time Bill Pay

Via Bank Bill-Pay Dashboard:

1. Enable Bill-Pay Option:

   • Merchants need to ensure that their biller details are registered with the customer's bank's Bill-pay service.
   • This often involves working with the bank to ensure that biller details are correctly listed and accessible to customers.

2. Customer Authorization:

   • Customers can add the merchant as a payee in their bank's Bill-pay dashboard.
   • Once set up, they can schedule real-time payments through the RTP network.

On Biller Payment Page:

1. Integrate Payment Page:

   • Embed the Real-TimePayments.com payment widget or API on the merchant's payment page.
   • This widget should allow customers to enter payment details and authorize real-time payments via RTP.

2. Real-Time Payment Execution:

   • Once a customer authorizes a payment, Real-TimePayments.com will process the transaction through RTP, providing instant confirmation to both the customer and the merchant.

3. Ensuring Real-Time Confirmation

1. Instant Notifications:

   • Configure notifications within Real-TimePayments.com to alert both the merchant and the customer upon successful payment.
   • This can include email, SMS, or in-app notifications.

2. Payment Reconciliation:

   • Payments received via RTP should be instantly reflected in the merchant's bank account.
   • QuickBooks can be set up to automatically reconcile these payments, ensuring accurate accounting records.

4. Integration with QuickBooks

For QuickBooks Enterprise:

1. Enable ACH Payments:

   • Navigate to Customers > Create Invoices.
   • Enable ACH payment options.
   • Configure the payment method with Real-TimePayments.com for Real-Time ACH and RTP.

2. Set Up Bank Feeds:

   • Go to Banking > Bank Feeds.
   • Connect your bank account to receive Real-Time ACH and RTP transactions.

For QuickBooks Online (QBO):

1. Enable ACH Payments:

   • Go to Sales > Invoices.
   • Enable ACH payment options.
   • Configure the payment method with Real-TimePayments.com for Real-Time ACH and RTP.

2. Set Up Bank Feeds:

   • Go to Banking > Bank Accounts.
   • Connect your bank account to receive Real-Time ACH and RTP transactions.

5. Security and Compliance

1. Data Encryption:

   • Ensure all payment data is encrypted and secure.

2. Regulatory Compliance:

   • Verify that Real-TimePayments.com complies with NACHA rules, RTP, and any other relevant financial regulations.

6. Customer Support and Communication

1. Customer Instructions:

   • Provide clear instructions on how customers can set up and use real-time bill pay via their bank's Bill-pay dashboard or the merchant’s payment page.
   • Include FAQs and troubleshooting tips on the merchant's website.

2. Support Services:

   • Offer support channels (email, phone, chat) to assist customers with any issues related to real-time payments.

Example Implementation

1. Enroll in RTP Service:

   • Merchant signs up on Real-TimePayments.com and completes RTP enrollment.

2. Configure Payment Options:

   • Set up the merchant's details in the bank's Bill-pay system.
   • Integrate the Real-TimePayments.com payment widget on the merchant’s payment page.

3. Enable Real-Time Bill Pay:

   • Customers add the merchant as a payee in their bank's Bill-pay dashboard.
   • Customers use the payment widget to make real-time payments on the merchant’s site.

4. Monitor and Reconcile Payments:

   • Use Real-TimePayments.com dashboard for real-time notifications and payment tracking.
   • Automatically reconcile payments in QuickBooks.

5. Ensure Security:

   • Implement data encryption for all transactions.
   • Ensure compliance with financial regulations.

6. Support and Communication:

   • Provide detailed instructions and support for customers.
   • Set up automated notifications for payment confirmations.

By following these steps, merchants can set up Real-Time Bill Pay via either Bank Bill-pay dashboards or on their payment pages, leveraging RTP Service through Real-TimePayments.com with QuickBooks Online and QuickBooks Enterprise to provide a seamless and efficient payment experience.

Why wait days for payments to settle—or chase down bills every month—when you can automate everything with certainty?

At TodayPayments.com, we help businesses send hosted Request for Payment (RfP™) links, activate Auto-Pay, and get Good Funds instantly using FedNow® and RTP® rails.

✅ Real-time settlement, 24/7
✅ Final payment—no chargebacks
✅ Batch and recurring support
✅ Branded payment experience
✅ Integrated with QBO and ERP systems

👉 Visit TodayPayments.com to activate your Real-Time Auto-Pay Bill Pay system today.
Bill Smarter. Get Paid Faster. Reconcile Instantly.