Real-Time Bill Payments
Choose your solution(s) to receive Real-Time bill payments
Real-time payments have benefits for billers because they receive good ('irrefutable') funds that can be immediately used for other business needs. Just as important as the speed of a real-time payment transaction is the quantity of data that accompanies the payment. Leveraging the expanded real-time messaging capabilities provides the necessary information to match a bill with its payment, making reconciliation automatic and fast for billers, improving efficiencies and reducing costs. Real-time Invoicing: New invoicing system loved by both billers (merchants) and payers. Billers can provide ISO 20022 data or .pdf format to their clients. Payment data is integrated into top accounting and CRM software. Payers can choose type of payment (i.e. Card, ACH, RTP, FedNow Instant Payments, Financing) one-time, recurring and schedule the exact payment date/time 24/7! More infoRequest for Payment
RfP ™
Sponsored by Today Payments
What is: Business Payments Directory
Request for Pay, a new standard for requesting a payment, is an exciting new "digital overlay service" facilitating real-time payments through instant invoicing using RTP® payments that are instant, final (irrevocable - "good funds") and secure. A Request for Payment, RfP ™, is also referred to as a RfP Invoicing. RfP ™ is fast, secure and convenient a way for a person or business (the requestor) to request an instant payment from another person or business (the recipient).Bill Pay Exchange
Sponsored by MasterCard
HIGHLY RECOMMENDED!
All U.S. companies/billers should enroll
What is: Bill Pay Exchange
Bill Pay Exchange is offered through banks and credit unions to enable consumers to use their computer or mobile banking app to easily set up all billers, receive notifications on payments due, view billing details and manage multiple accounts in one place, while also allowing customers to specify when and how much to pay various accounts.B2B & C2B
Track ™ Business Payment Service
Sponsored by MasterCard
What is: Mastercard Track ™ Business Payment Service
The Service's directory could also help popularize new payment methods like Track Business Payment Service, positioning MasterCard to help drive innovation in the industry. Because the Service has a directory of suppliers, currently over 200 million suppliers in 2020, it can potentially enable those suppliers to say they accept RTP ®, making it easy for buyers to take advantage and possibly driving them to adopt RTP.