What is RTP® Real-Time Payment & Alias-Based Transfers?
Instant, Secure, and Bank-Free Transactions
Facilitation for RTP® Real-Time Payment –
Instantly Send & Receive Alias-Based Transactions
The Future of Instant Real-Time Payments
Without Bank Visits
Legacy payment systems rely on slow processing, high fees, and outdated financial structures that limit convenience and efficiency. Traditional banks, money service companies require in-person visits, long wait times, and complex account verification to send or receive funds.
With RTP® (Real-Time Payments), money transfers are instant and seamless. Unlike legacy providers, RTP® allows users to send and receive payments instantly using alias-based identifiers such as:
✅ Cell Phone Numbers – Send
and receive funds using a mobile number
✅ Email
Addresses – Secure, fast, and convenient alias-based payments
✅ Monikers & Nicknames – Personalized
transaction IDs for privacy and security
Using ISO 20022 pain.001 messaging, RTP® ensures secure, structured, and real-time transactions, offering a faster, more cost-effective, and more accessible payment method than legacy money service providers.
With TodayPayments, a premier RTP® processor, individuals and businesses can enjoy real-time transactions without visiting a bank or money center.
How RTP® Real-Time Payments Compare to Legacy Money Service Providers
RTP® allows individuals and businesses to send and receive payments without requiring full banking details. Instead, transactions can be processed using a:
✔ Cell Phone Number –
Connect payments directly to a recipient’s phone number
✔
Email Address – Link payments to a verified email account
✔ Alias, Moniker, or Nickname – Protect
personal banking information with an alternative ID
By leveraging ISO 20022 pain.001, all transactions are:
✔ Automated & Instant –
No delays, no processing queues
✔ Secure &
Fraud-Resistant – Structured encryption for safer payments
✔ Error-Free – Eliminates failed payments due
to incorrect banking details
✔ Global &
Interoperable – Standardized format for seamless international
payments
With TodayPayments, RTP® transactions are facilitated securely and instantly, surpassing the speed and efficiency of banks and traditional financial institutions.
RTP® vs. Traditional Money Transfer Companies
Legacy money service companies operate on slow, expensive, and outdated financial networks, leading to delays, hidden fees, and inefficiencies.
|
Feature |
RTP® Real-Time Payments |
Legacy Money Services |
|
Alias-Based Payments |
Yes (Phone, Email, Moniker) |
No (Requires Full Banking Details) |
|
Transaction Speed |
Instant, 24/7/365 |
1-5 Days (ACH, Wire Delays) |
|
ISO 20022 pain.001 Messaging |
Yes (Automated & Secure) |
No (Limited Messaging & Tracking) |
|
Transaction Fees |
Lower, Transparent |
Higher, Hidden Fees |
|
No Bank Visit Required |
Yes (Online Transactions Only) |
No (Requires Physical Bank Visit) |
|
Security & Privacy |
High (Alias-Based Payments) |
Low (Full Account Details Required) |
Why More Businesses & Consumers are
Switching to RTP® Money Services:
✔ No more
banking delays – Payments are real-time, 24/7
✔ No excessive transfer fees – Transparent pricing
with lower costs
✔ No need to enter full
banking details – Alias-based transfers keep data secure
How RTP® Works for B2B, B2C, C2B & C2C Transactions
Seamless, Alias-Based Transactions Across All Business & Consumer Segments
RTP® empowers businesses and individuals with fast, real-time financial transactions that eliminate traditional banking bottlenecks.
B2B Transactions:
Instant vendor payments, supplier settlements, and payroll
processing
B2C Transactions: Faster
refunds, customer payouts, and e-commerce transactions
C2B Transactions: Customers can pay merchants instantly
using phone numbers or emails
C2C
Transactions: Secure peer-to-peer payments using nicknames,
monikers, or aliases
How It Works:
✔
Step 1: The payer enters the recipient’s alias (phone
number, email, or moniker)
✔ Step 2:
The ISO 20022 pain.001 message is processed instantly
✔ Step 3: The recipient’s bank identifies
the alias and deposits funds in real time
✔
Step 4: Transaction is confirmed, and funds are immediately
available
Security & Compliance with ISO 20022 Messaging
How RTP® Ensures Secure & Fraud-Free Payments
Unlike traditional money service companies, RTP® transactions are protected by advanced security measures built into ISO 20022 messaging, ensuring:
✔ Automated Payment
Reconciliation – Eliminates human errors
✔
End-to-End Encryption – Prevents fraud and cyber threats
✔ Regulatory Compliance – Meets financial
security standards
✔ Final & Irreversible
Transactions – Eliminates fraudulent chargebacks
With TodayPayments, businesses and individuals gain structured, secure, and real-time financial transactions—without relying on traditional banks or middlemen.
Ask us how:
"Facilitating RTP® Real-Time Payments with
alias-based transactions"
"How to send RTP® instant
payments using a phone number or email"
"ISO 20022
pain.001 messaging for secure A2A credit transfers"
"Compare RTP® with legacy money services"
"Alias-based real-time transactions using RTP® for B2B, C2B, B2C,
and C2C"
Sales Conclusion: Accept RTP® Alias-Based Payments with TodayPayments
The world of payments is changing—banks, money service providers are falling behind. RTP® Real-Time Payments provide the speed, security, and cost-effectiveness that businesses and consumers demand.
With
TodayPayments, a premier RTP® processor, you can:
✔ Enable instant A2A payments using alias-based
identification
✔ Send and receive payments
securely without sharing full banking details
✔
Reduce fees and eliminate chargebacks
✔ Offer 24/7
real-time payments without delays
✔ Ensure maximum
security with ISO 20022 pain.001 messaging
Upgrade to the future of payments—switch to RTP® today!
Creation Request for Payment Bank File
Enhance Your FedNow Real Time Payment 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
