Using Surcharging RTP® & FedNow® for QuickBooks® QBO Merchants

Why QuickBooks® QBO Merchants Are Switching to Surcharging RTP® & FedNow®

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.

The Smartest Payment Solution for QuickBooks® QBO Merchants – Using Surcharging RTP® & FedNow®

For QuickBooks® QBO merchants, managing invoicing, transaction costs, and compliance is essential for maintaining profitability and cash flow. Traditional credit card payments come with high processing fees, PCI compliance requirements, and state surcharge restrictions, making them less effective for businesses looking to maximize revenue.

With Surcharging RTP® & FedNow®, QuickBooks® QBO merchants can pass transaction fees to the payer, ensuring they receive 100% of the invoiced amount while benefiting from instant, real-time payments. This enables businesses to eliminate merchant processing fees, automate invoicing, and improve cash flow predictability—all while staying compliant with state regulations.

By integrating RTP® & FedNow® with QuickBooks® QBO, businesses can enhance their invoicing process, accept one-time and recurring payments, and ensure faster, cost-free transactions using Request for Payment (RfP) digital invoicing.


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

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  • ~ 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.

Pass Processing Fees to the Payer – Keep 100% of Invoice Payments

Using Surcharging RTP® & FedNow® for QuickBooks® QBO Merchants

Why QuickBooks® QBO Merchants Are Switching to Surcharging RTP® & FedNow®

Businesses using QuickBooks® QBO for invoicing and payment processing need a seamless, automated, and cost-effective way to accept payments. Surcharging RTP® & FedNow® provides:

  • Zero merchant processing fees—The payer covers all transaction costs.
  • Instant payments—Faster than Same-Day ACH, wire transfers, or credit card settlements.
  • No PCI compliance requirements—Unlike credit cards, RTP® & FedNow® are direct bank-to-bank transactions.
  • State regulation compliance—Avoid legal restrictions on surcharges for credit card transactions.
  • Seamless QuickBooks® QBO integration—Automate invoicing, payments, and reconciliation.

Key Benefits of Using Surcharging RTP® & FedNow® for QuickBooks® QBO Merchants

✅ Pass Processing Fees to the Payer – Keep 100% of Invoice Payments

  • Businesses no longer absorb transaction fees, ensuring they receive the full invoice amount.
  • Eliminates credit card processing fees (typically 2.5% - 3.5% per transaction).
  • Subscription-based businesses can charge customers directly without losing revenue to processing costs.

✅ Instant Real-Time Payments – No Delays or Settlement Wait Times

  • Unlike Same-Day ACH or wire transfers, RTP® & FedNow® payments settle instantly.
  • Funds are immediately available, helping businesses manage expenses, payroll, and growth investments.
  • No waiting for pending transactions, delayed settlements, or batch processing.

✅ One-Time & Variable Recurring Payment Support

  • Accept one-time instant payments with zero merchant fees.
  • Ideal for subscription-based businesses, high-risk merchants, and freelancers needing automated recurring billing.
  • Supports flexible recurring payment options for customers with monthly, quarterly, or usage-based plans.

✅ Request for Payment (RfP) Digital Invoicing for B2B Transactions

  • Businesses can send invoices instantly through RfP digital invoicing, ensuring faster payments.
  • Automates reconciliation with QuickBooks® QBO, Xero, and NetSuite, reducing manual accounting errors.
  • Reduces late payments and improves cash flow predictability.

✅ No PCI Compliance Costs – Reduce Security & Fraud Risks

  • PCI DSS compliance is required for businesses handling credit card transactions—RTP® & FedNow® eliminate this burden.
  • End-to-end encryption ensures secure transactions without merchant liability.
  • Reduces fraud risks, chargebacks, and credit card disputes that businesses frequently face.

✅ Works for SMBs & Businesses with Bad Credit

  • Unlike traditional merchant accounts, RTP® & FedNow® do not require credit checks.
  • Even businesses with low or no credit history can accept payments without restrictions.
  • Removes financial barriers to accepting digital payments.

✅ Avoid State Regulations on Payment Surcharges

  • Many states regulate or ban credit card surcharges, making it difficult for businesses to pass processing costs to customers.
  • With Surcharging RTP® & FedNow®, merchants remain compliant while ensuring payers cover transaction fees.
  • Legal and compliant across states with strict surcharge regulations (e.g., California, New York, Texas).

✅ 24/7/365 Payment Availability – No Banking Hour Restrictions

  • Unlike ACH and wire transfers, which depend on banking hours, RTP® & FedNow® operate 24/7.
  • Accept payments anytime, anywhere, including weekends and holidays.

✅ Enhanced Security & Fraud Protection

  • End-to-end encryption and authentication ensure secure transactions.
  • Unlike credit card payments, RTP® & FedNow® transactions cannot be reversed, reducing fraud risks.
  • ISO 20022 messaging compliance ensures transaction transparency and security.

How Surcharging RTP® & FedNow® Benefits QuickBooks® QBO Merchants

Faster Business-to-Business (B2B) Payments

  • Instantly pay suppliers, vendors, and service providers with real-time settlements.
  • No ACH transfer holds, wire fees, or pending credit card settlements.

Ideal for E-Commerce & Subscription-Based Businesses

  • Accept real-time payments, improving customer satisfaction and cash flow.
  • Faster order fulfillment and instant payment confirmations.

Perfect for Subscription & Recurring Billing

  • Automate monthly, quarterly, or annual recurring payments with RfP invoicing.
  • Reduce failed transactions and customer disputes.

Optimized Payroll & Contractor Payments

  • Pay employees, freelancers, and contractors instantly via RTP® & FedNow®.
  • Reduce payroll processing costs and eliminate direct deposit fees.

Upgrade to Surcharging RTP® & FedNow® with TodayPayments.com

Are you ready to eliminate merchant processing fees and pass RTP® & FedNow® transaction fees to the payer?

With Surcharging RTP® & FedNow® for QuickBooks® QBO Merchants, your business can:

 Pass transaction fees to the payer and eliminate processing costs
 Accept instant real-time payments—Funds settle in seconds
 Automate invoicing with Request for Payment (RfP) & QuickBooks® QBO integration
 Support one-time and variable recurring payments
 Enhance security and eliminate chargebacks

Start accepting real-time, fee-free payments today! Sign up with TodayPayments.com now.

Request for Payment

Creation Request for Payment Bank File

Enhance Your Surcharging FedNow 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.

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