How RTP® & Request for Payments (RfP) Secure High-Risk Business Payments
What Is RTP® & Request for Payments (RfP) and How Does It Help High-Risk Businesses?
RTP® for High-Risk Small Merchants – Request for Payments (RfP) with Certainty of Good Funds
The Payment Struggles of High-Risk Small Merchants
Running a high-risk small business comes with many payment processing challenges—slow transactions, chargeback fraud, and excessive fees. Many traditional payment providers either deny services to high-risk merchants or charge exorbitant fees, making it difficult for these businesses to thrive.
🔹 ACH transactions take days to
settle, delaying access to funds.
🔹 Credit card
processors charge high-risk merchants 3-5% per transaction.
🔹 Chargebacks and fraud disputes lead to revenue
losses and account freezes.
🔹 Wire transfers are
expensive and subject to banking hours.
Now, with RTP® (Real-Time Payments) and Request for Payments (RfP), high-risk merchants can request and receive payments instantly with certainty of good funds.
💡 Imagine running your business without fear of payment reversals, high transaction fees, or waiting days to access your funds.
TodayPayments.com shows how RTP® and RfP empower high-risk small merchants with real-time, secure payments, providing certainty of good funds and eliminating chargeback risks.
"FedNow High-Risk Merchants" for your business using Real-Time Payments
RTP® (Real-Time Payments) is a modern, instant bank-to-bank payment network that enables businesses to send and receive transactions in real time. With Request for Payments (RfP), businesses can initiate secure digital invoices and receive instant payments from customers, ensuring certainty of good funds.
For high-risk small merchants, this means:
✔ No chargebacks – Payments
are final and irreversible.
✔ Instant fund
transfers – No waiting for ACH or wire transactions.
✔
Lower transaction costs – Avoid expensive credit card fees.
How Request for Payments (RfP) Works for Small Merchants Using RTP®
1️⃣ The merchant sends a digital
invoice or payment request via RfP.
2️⃣ The
customer receives a secure request notification via their banking
app.
3️⃣ The customer reviews and approves the
transaction, transferring funds instantly via RTP®.
4️⃣
Funds are deposited immediately into the merchant’s bank account.
5️⃣ The payment is final—no chargebacks, no waiting,
no fraud risks.
💡 This frictionless process ensures secure payments and improves cash flow, giving small merchants the confidence they need to operate without financial roadblocks.
Ask Us:
How high-risk businesses can accept instant
payments with RTP® and Request for Payments (RfP).
Certainty of
good funds for high-risk merchants using real-time payments with
RTP®.
Eliminate chargebacks and fraud risks with instant A2A
payments for small businesses.
How Request for Payments (RfP)
improves cash flow for high-risk small businesses.
Why High-Risk Small Merchants Should Use RTP® & RfP for Payments
1. No More Chargebacks – Secure & Final Transactions
🔒 Unlike credit cards, RTP®
payments via RfP cannot be disputed or reversed.
✅
This eliminates fraud risks and protects merchant revenue.
2. Instant Fund Availability – No More ACH or Wire Transfer Delays
🚀 ACH payments take 1-3
business days, while wire transfers are costly and slow.
💰 With RTP®, merchants receive payments instantly,
improving cash flow.
3. Lower Transaction Costs – No More High Credit Card Fees
💳 Credit card processors charge
up to 5% per transaction.
💰 RTP® transactions are
direct bank-to-bank payments with minimal fees.
4. 24/7/365 Payments – No More Banking Restrictions
⏰ Unlike ACH or wire transfers, RTP® allows payments at any time—even weekends and holidays.
5. Supports All Business Payment Types (B2B, C2B, B2C) with Certainty of Good Funds
✅ B2B (Business-to-Business)
Transactions: Vendors and suppliers receive payments
instantly.
✅ C2B (Customer-to-Business)
Transactions: Customers can pay businesses in real time.
✅ B2C (Business-to-Customer) Transactions:
Merchants can issue payroll, refunds, and payouts immediately.
RTP® vs. Traditional Payment Methods – Why It’s the Best for High-Risk Businesses
Comparison Table: RTP® vs. Credit Cards & ACH Transfers
|
Feature |
RTP® (Real-Time Payments with RfP) |
Credit Cards |
ACH Transfers |
|
Processing Speed |
Instant (Seconds) |
1-3 Business Days |
1-3 Business Days |
|
Chargebacks Allowed? |
No |
Yes |
Possible Reversals |
|
Transaction Fees |
Low or None |
3-5% |
Varies by Bank |
|
Availability |
24/7/365 |
24/7, but slow settlement |
Business Days Only |
|
Certainty of Good Funds |
Yes |
No |
No |
💡 Key Takeaway: RTP® with Request for Payments (RfP) provides high-risk merchants with a secure, cost-effective, and chargeback-free alternative to credit cards and ACH transfers.
How to Get Started with RTP® & Request for Payments (RfP) for High-Risk Merchants
Step-by-Step Guide to Enabling Instant Payments:
✅ Step 1: Ensure Your
Business Bank Supports RTP®.
✅ Step 2:
Enable Request for Payments (RfP) for Your 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, high-risk businesses can process payments faster, eliminate chargeback risks, and improve financial security.
Secure Your Business with RTP® & RfP via TodayPayments.com
💡 Are you tired of chargebacks, high transaction fees, and slow payment processing? Switch to RTP® with Request for Payments (RfP) and take control of your business transactions today!
High-Risk Businesses (CBD, Vape, Adult,
Gaming, Subscription Services): Stop chargeback fraud and payment
rejections.
E-Commerce & Online Stores: Accept instant bank
payments with lower fees.
Freelancers & Contractors: Get paid
in seconds—no delays.
Small Business Owners: Ensure certainty
of good funds with real-time payments.
🔹 With TodayPayments.com, integrating real-time payments has never been easier!
🚀 Sign up at TodayPayments.com today and start accepting instant, secure transactions!
Creation Request for Payment Bank File
Enhance Your FedNow High-Risk using Real-Time Payments 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 Real-Time 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 Request For Payment payment processing
