Real-Time Collections Integrated with QuickBooks® QBO

• ~ 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.

Real-Time Collections Parameters, Attributes, Benefits, and Features

Benefits:

Feature	Description
Payment Rail	FedNow® & RTP®
Transaction Type	A2A, B2B, C2B
Settlement Speed	Instant (within 10 seconds)
Payment Certainty	Irrevocable Good Funds
Payment Initiation	RfP™ via SMS, email, mobile, batch upload
Batch Processing	ISO 20022 (.XML, JSON, Excel supported)
Integration	QuickBooks® QBO sync for auto-reconciliation
Hosted Payment Pages	Mobile-friendly, branded, secure
Alias-Based MID Assignment	Assign by user, department, or location
Use Cases	Recurring billing, invoice collection, ecommerce checkout, pay-by-text

✅ Send Real-Time RfP™ via SMS or Email with Instant Good Funds Settlement

Merchants can initiate Request for Payment (RfP™) from their platform or billing system. Customers receive a secure, hosted link via email or text to complete payment instantly through FedNow® or RTP®, with no chance of reversal.

✅ Collect Recurring Payments or One-Time Invoices with ISO 20022 Batch Uploads

Real-Time Collections support batch invoicing for high-volume billing cycles. Upload ISO 20022-compliant files (.XML, JSON, Excel) to send hundreds of real-time requests in seconds.

✅ Use POS, MOTO, or Ecommerce to Trigger Real-Time Collection Events

Whether at point-of-sale, through mail/telephone order, or on a shopping cart, Real-Time Collection requests can be triggered to allow immediate customer payment and instant merchant funding.

✅ QuickBooks® QBO Integration Ensures Accurate Reconciliation

Each real-time transaction is automatically posted to QuickBooks® QBO, closing the loop between cash flow and accounting with no manual entry needed.

Ask us How:

• Real-Time Collections powered by FedNow® and RTP® allow merchants to send secure RfP™ messages and receive irrevocable Good Funds within seconds, drastically reducing accounts receivable aging.
• Batch upload of collection requests using ISO 20022 file formats allows businesses to manage high-volume billing and recurring invoices with automated payment certainty.
• Hosted payment pages accessible via SMS, QR, or email ensure easy payer access and optimized mobile conversion rates.
• QuickBooks® QBO integration enables real-time syncing of received payments with merchant ledgers, simplifying bookkeeping and reporting.
• Merchants across industries can now digitize and streamline collections using mobile, ecommerce, and ERP triggers for real-time payment capture.

Why Businesses Choose TodayPayments.com for Real-Time Collections

1. ✅ Instantly collect Good Funds with real-time RfP™
2. ✅ FedNow® and RTP® compatibility ensures 24/7 settlement
3. ✅ Batch file uploads using ISO 20022 for recurring payments
4. ✅ Hosted payment pages with mobile optimization
5. ✅ Email, SMS, or QR delivery of payment requests
6. ✅ Alias-based MID tracking for enterprise segmentation
7. ✅ Seamless QuickBooks® QBO integration
8. ✅ Reduce AR aging and improve working capital
9. ✅ No chargebacks, no reversals, no uncertainty
10. ✅ Easy merchant onboarding, no IT complexity

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To enable merchants using QuickBooks Online (QBO) or QuickBooks Enterprise to access real-time collections and VRP (Variable Recurring Payments) until the payer clicks the links in the invoices, follow these steps:

Integration Steps

1. Merchant Enrollment in Real-TimePayments.com and SecureQBPlugin.com

1. Register with Real-TimePayments.com and SecureQBPlugin.com:
   • Merchants need to sign up on these platforms and enroll in their respective services.
   • Complete the necessary registration and KYC (Know Your Customer) processes to set up their accounts.
2. Configure Real-Time Payments Integration:
   • Set up the RTP and FedNow services within Real-TimePayments.com and SecureQBPlugin.com.
   • Link the merchant's bank account to enable real-time collections and VRP transactions.

2. Setting Up Real-Time Collections

Digital and Paper Invoicing:

1. Integrate Invoicing Software:
   • Ensure your invoicing system (QuickBooks Online or QuickBooks Enterprise) is integrated with Real-TimePayments.com and SecureQBPlugin.com.
   • Use the APIs from these platforms to add payment links to digital invoices.
2. Send Digital and Paper Invoices:
   • Generate and send invoices that include clickable payment links.
   • For paper invoices, include a URL or QR code that directs customers to a payment page.
3. Enable Real-Time Collections:
   • Configure the invoicing system to process real-time payments when the payer clicks the payment link.
   • Use Real-TimePayments.com and SecureQBPlugin.com to process the transactions through RTP or FedNow.

Setting Up Variable Recurring Payments (VRP)

1. Payer Authorization:
   • Ensure that payers authorize VRP, setting limits on the amount, frequency, and purpose of the payments.
   • This authorization can be managed through their bank or directly within Real-TimePayments.com.
2. Integrate VRP in Invoicing:
   • Use the APIs from Real-TimePayments.com and SecureQBPlugin.com to integrate VRP options into your invoicing system.
   • Add VRP options to digital invoices, allowing payers to authorize recurring payments.
3. Automate Recurring Payments:
   • Configure the system to automate recurring payments based on the authorized VRP.
   • Ensure real-time processing of these payments through RTP or FedNow.

Benefits and Features for Payers and Payees

1. Speed and Efficiency:

• Immediate Fund Availability: Payments are processed in real-time, ensuring immediate availability of funds for the merchant.
• Reduced Processing Time: Eliminates delays typically associated with traditional payment methods.

2. Enhanced Security:

• Data Encryption: Secure payment channels reduce the risk of fraud and protect sensitive information.
• Compliance: Ensures compliance with financial regulations, protecting both the payee and the payer.

3. Improved Customer Experience:

• Convenience: Offers customers a quick and easy way to pay invoices and set up recurring payments.
• Instant Confirmation: Customers receive immediate confirmation of payments, enhancing their experience.

4. Financial Management:

• Automatic Reconciliation: Payments are automatically reconciled in QuickBooks, reducing manual effort and errors.
• Real-Time Cash Flow Management: Provides up-to-date information on cash flow for both payees and payers, aiding in better financial planning and management.

5. Cost Savings:

• Lower Transaction Fees: Potentially lower fees compared to traditional payment methods.
• Reduced Administrative Costs: Automation reduces the time and cost associated with manual payment processing and reconciliation.

6. Competitive Advantage:

• Modern Payment Solutions: Offering real-time payments and VRP can attract tech-savvy customers and set the business apart from competitors.
• Enhanced Reputation: Providing cutting-edge payment solutions can enhance the payee’s reputation and customer trust.

Example Implementation

1. Enroll in Real-TimePayments.com and SecureQBPlugin.com:
   • Merchant signs up on these platforms and completes the necessary registration and KYC processes.
   • Link their bank accounts to their profiles on both platforms.
2. Integrate Digital Invoicing:
   • Use the APIs from Real-TimePayments.com and SecureQBPlugin.com to integrate with QuickBooks Online or QuickBooks Enterprise.
   • Add payment links and VRP options to digital invoices.
3. Configure Paper Invoicing:
   • Print payment instructions, including URLs or QR codes, on paper invoices.
4. Enable Real-Time Collections:
   • Customers can pay using the digital invoice links or by visiting/scanning the URLs/QR codes on paper invoices.
   • Real-TimePayments.com and SecureQBPlugin.com process the payments through RTP or FedNow.
5. Automate VRP:
   • Configure the system to handle VRP transactions automatically.
   • Ensure real-time processing of these payments through RTP or FedNow.
6. Monitor and Reconcile Payments:
   • Use the dashboards of Real-TimePayments.com and SecureQBPlugin.com for real-time notifications and payment tracking.
   • Automatically reconcile payments in QuickBooks.
7. Ensure Security:
   • Implement data encryption for all transactions.
   • Ensure compliance with financial regulations.
8. Support and Communication:
   • Provide detailed instructions and support for customers making payments and setting up VRP.
   • Set up automated notifications for payment confirmations.

Conclusion

By enabling real-time collections and VRP via account-to-account transactions from payers to payees using platforms like Real-TimePayments.com and SecureQBPlugin.com, merchants using QuickBooks Online or QuickBooks Enterprise can offer a seamless and efficient payment process. This integration not only improves customer satisfaction but also enhances security, reduces costs, and provides a competitive advantage. Through these modern payment solutions, merchants can streamline their financial operations and offer superior service to their customers.

Why chase down payments when you can collect them in real time?

With TodayPayments.com, you can deliver Request for Payment (RfP™) links through SMS, email, or online checkout—and receive Good Funds instantly. Integrated into QuickBooks® QBO, backed by FedNow® and RTP®, and compliant with ISO 20022, Real-Time Collections are the ultimate solution for merchants who demand speed, certainty, and control.

✅ Eliminate AR delays
✅ Reconcile instantly in QBO
✅ Get paid 24/7 with Good Funds certainty

👉 Get started now at TodayPayments.com and put your collections on autopilot—with real-time speed and accounting-grade precision.

 

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Call us, the .csv, text messaging 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.

 1) Free ISO 20022 Request for Payment File Formats, for FedNow and Real-Time Payments (The Clearing House) .pdf for you manually create "Mandatory" (Mandatory data for completed file) fields, start at page 4, with "yellow" highlighting. $0.0 + No Support

2) We create .csv or .xml formatting using your Bank or Credit Union. Using your invoice information database to create an existing Accounts Receivable file, we CLEAN, FORMAT to FEDNOW or Real-Time Payments into CSV or XML. Create Multiple Templates. You can upload or "key data" into our software for File Creation of "Mandatory" general file. Use either the Routing Number and Account Number for your Customers or use "Alias" name via Mobile Cell Phone and / or Email address.

Fees = $57 monthly, including Activation, Support Fees and Batch Fee, Monthly Fee, User Fee. We add your URI for each separate Payer transaction for additional Payment Methods on "Hosted Payment Page" (Request for file with an HTML link per transaction to "Hosted Payment Page" with ancillary payment methods of FedNow, RTP, ACH, Cards and many more!) + $.03 per Transaction + 1.5% percentage on gross dollar file,

3) Add integrating QuickBooks Online "QBO" using FedNow Real-time Payment using our Real-Time Collections system.

Fees Above 2) plus $29 monthly additional QuickBooks Online "QBO" formatting, and "Hosted Payment Page" and WYSIWYG

4) Above 3) plus Create "Total" (over 600 Mandatory, Conditional & Optional fields of all ISO 20022 Pain .013) Price on quote.