How to use How FedNow® Alias Works with RTP® for Seamless 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.

FedNow® Alias – Use Email or Cell Phone for Instant RTP® Payments in QuickBooks® QBO

The Future of Digital Banking & Business Payments

In today’s fast-paced digital economy, businesses need a simpler, faster, and more secure way to receive payments. Enter FedNow® Alias, a revolutionary feature that links an email address or cell phone number to a bank account for seamless real-time payments (RTP®).

���� Struggling to manage multiple bank accounts for invoices?
���� Tired of inputting and verifying long bank account details?
���� Worried about payment errors or fraud?

With FedNow® Alias, businesses can use an email or phone number instead of traditional bank account numbers, ensuring instant, error-free, and secure transactions through the FedNow® Hub filters. Plus, for businesses using QuickBooks® Online (QBO), SecureQBPlugin™ seamlessly integrates these payments into invoices, making reconciliation effortless.

���� Imagine sending an invoice and receiving an instant, final payment—without needing to share bank account details.

TodayPayments.com shows how FedNow® Alias & RTP® enable businesses to accept seamless, alias-based transactions while integrating with QuickBooks® QBO for automated financial management.


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the features

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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 FedNow Alias Request for Payments in QBO QuickBooks

FedNow® Alias eliminates the need for businesses and customers to use long bank account numbers by linking an email or phone number to a financial institution.

Instead of manually entering account details, customers can pay invoices instantly by entering an email or phone number, while the FedNow® Hub filters and routes payments to the correct bank account.

With SecureQBPlugin™, these instant transactions sync directly with QuickBooks® Online, making invoicing, payments, and reconciliation seamless.

How FedNow® Alias & RTP® Work for Business Invoicing in QuickBooks® QBO:

1️ A business generates an invoice in QuickBooks® Online (QBO).
2️ The customer receives a secure payment request linked to an alias (email or phone number).
3️ The payer enters the alias instead of a bank account number.
4️ FedNow® Hub filters and routes the payment to the correct bank account.
5️ Funds are deposited instantly into the merchant’s account, and the transaction is reconciled in QuickBooks® via SecureQBPlugin™.

���� This system eliminates manual errors, prevents fraud, and ensures seamless, real-time financial management.


Why Businesses Should Use FedNow® Alias & RTP® for Invoice Payments

1. No More Entering Long Bank Account Numbers

���� Customers and businesses can send and receive payments using a simple email or phone number instead of complex banking details.

2. Faster, More Secure Transactions

���� FedNow® Alias ensures transactions are routed correctly via the FedNow® Hub filters.
Payments are verified before being processed, reducing fraud and errors.

3. Instant Payments with RTP® – No More ACH Delays

ACH transfers take 1-3 business days, while wire transfers have costly fees.
���� FedNow® & RTP® enable instant, 24/7 transactions.

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

B2B Transactions: Vendors, suppliers, and service providers receive instant payments.
C2B Transactions: Customers can pay businesses securely and conveniently.
B2C Transactions: Businesses can send payroll, refunds, and disbursements instantly.

5. Seamless QuickBooks® Online (QBO) Integration via SecureQBPlugin™

���� SecureQBPlugin™ ensures payments are automatically reconciled, reducing manual accounting work.
Businesses can track, manage, and verify payments effortlessly within QuickBooks®.


FedNow® Alias vs. Traditional Payment Methods – A Smarter Alternative

Comparison Table: FedNow® Alias vs. Credit Cards & ACH Transfers

Feature

FedNow® Alias & RTP® (Real-Time Payments)

Credit Cards

ACH Transfers

Processing Speed

Instant (Seconds)

1-3 Business Days

1-3 Business Days

Alias-Based Payments

Yes (Email/Phone)

No

No

Chargebacks Allowed?

No

Yes

Possible Reversals

Transaction Fees

Low or None

2-5%

Varies by Bank

Integration with QuickBooks® QBO

Yes (via SecureQBPlugin™)

Yes

Yes

 

���� Key Takeaway: FedNow® Alias & RTP® provide a secure, simple, and fast alternative to traditional payments, eliminating chargeback risks and reducing transaction costs.


Ask Us how:

How businesses can use FedNow® Alias for instant RTP® payments with an email or phone number.
The benefits of alias-based payments for B2B, C2B, and B2C transactions using FedNow®.
Secure and instant real-time payments with FedNow® Alias & RTP® without bank account details.
How SecureQBPlugin™ integrates FedNow® RTP® payments with QuickBooks® Online.


How to Get Started with FedNow® Alias & RTP® for QuickBooks® Online

Step-by-Step Guide to Enabling Alias-Based Payments

Step 1: Ensure Your Business Bank Supports FedNow® & RTP®.
Step 2: Register an Email or Phone Number as Your FedNow® Alias.
Step 3: Integrate FedNow® Alias with Your Payment System Using SecureQBPlugin™.
Step 4: Start Sending & Receiving Payments Using an Alias.
Step 5: Enjoy Instant, Secure, and Automated QuickBooks® Reconciliation!

���� Once integrated, businesses can eliminate banking complexities, improve transaction security, and receive instant payments using a simple alias.


Salesy Conclusion: Upgrade to FedNow® Alias & RTP® with TodayPayments.com

���� Still relying on outdated payment methods? It’s time to simplify your transactions with FedNow® Alias!

 Business Owners & Entrepreneurs: Send and receive payments instantly using an email or phone number instead of bank details.
 Freelancers & Contractors: Eliminate errors and security risks while ensuring fast payments.
 Retailers & Service Providers: Accept real-time customer payments with no chargebacks.
 Banks & Financial Institutions: Offer your customers the fastest, most secure payment solution available today.

���� With SecureQBPlugin™ and TodayPayments.com, integrating FedNow® Alias & RTP® with QuickBooks® Online has never been easier!

���� Sign up at TodayPayments.com today and start accepting secure, alias-based transactions!

Request for Payment

Creation Request for Payment Bank File

Enhance Your FedNow Alias 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.

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


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