QBO QuickBooks ® FedNow Guaranteed
The Best Solution for FedNow Guaranteed in QuickBooks®
Today Payments is an Authorized Reseller 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.
"Our Integrated payment solutions can save a typical small business owner more than 180 hours each year"
See
the features
QuickBooks® ACH, Cards, FedNow and Real-Time Payments
- Payment processing for all QuickBooks desktop, Pro, Premier, Enterprise and also QBO QuickBooks Online Our software is designed for simplicity and ease-of-use.
- ~ 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.
Ask about our special:Using FedNow Guaranteed Request for Payments in QBO QuickBooks
Integrating QuickBooks Online (QBO)
invoicing with RequestForPayment.com (RfP) and leveraging
FedNow's guarantees offers a robust solution for businesses
looking to enhance their invoicing and payment processes.
Here’s how each feature integrates into the QBO invoicing
system:
1. Finality
- Integration with QBO:
When a customer pays an invoice via RfP and FedNow, the
payment is immediately marked as final in QBO.
- Benefits:
- Reduced Reconciliation
Efforts: No need to monitor for
potential chargebacks or reversals.
- Immediate Fund
Availability: Businesses can
confidently access and use funds as soon as they
receive payment notifications.
2. Non-NSF (Non-Sufficient
Funds)
- Integration with QBO:
Payments initiated through RfP with FedNow are validated
for sufficient funds before processing.
- Benefits:
- Payment Assurance:
Reduces the risk of non-payment due to insufficient
funds, ensuring that all recorded payments in QBO are
legitimate.
- Improved Cash Flow
Management: Reliable payments enable
better planning and financial management.
3. Instant Real-Time Payments
- Integration with QBO:
Payments are processed in real-time and updated
immediately in the QBO system.
- Benefits:
- Prompt Payment Records:
QBO reflects real-time updates, showing instant
payment status on invoices.
- Efficiency in
Operations: Businesses can act on
received payments quickly, whether it’s shipping
goods, providing services, or managing inventory.
4. 24/7 Availability
- Integration with QBO:
Payments can be made and recorded in QBO at any time,
regardless of traditional banking hours.
- Benefits:
- Uninterrupted
Operations: Enables businesses to
operate and receive payments around the clock,
accommodating global customers and different time
zones.
- Customer Convenience:
Customers can pay invoices at their convenience,
improving the overall payment experience.
Practical Integration Steps:
- Setup RfP and FedNow in
QBO:
- Enable the RfP payment
option within QBO’s payment settings.
- Link the QBO account with
FedNow to facilitate real-time payment processing.
- Invoice Creation and
Distribution:
- Create and send invoices
as usual in QBO.
- Include RfP payment
instructions on the invoice, guiding customers on how
to make payments using this method.
- Real-Time Payment
Processing:
- When a customer pays using
RfP and FedNow, the payment is processed instantly.
- QBO updates the invoice
status to “Paid” immediately, reflecting the real-time
payment.
- Automated Reconciliation:
- QBO automatically
reconciles the payment against the corresponding
invoice, ensuring accurate financial records.
- Businesses receive
notifications within QBO about the completed
transaction, enhancing transparency and financial
tracking.
Use Cases and Benefits:
- E-commerce Businesses:
Faster payment processing can lead to quicker order
fulfillment and better customer satisfaction.
- Service Providers:
Freelancers and consultants can benefit from immediate
payment upon completion of services, improving their cash
flow.
- Subscription-Based Models:
Companies offering subscription services can ensure timely
payments, reducing the risk of service disruption.
By leveraging these guarantees and
features, businesses can enhance their financial operations,
improve cash flow management, and provide a better overall
experience for their customers. Integrating RfP and FedNow
with QBO invoicing streamlines the payment process, offering
security, speed, and reliability.
Integrating QuickBooks Online (QBO) invoicing with RequestForPayment.com (RfP) and leveraging FedNow's guarantees offers a robust solution for businesses looking to enhance their invoicing and payment processes. Here’s how each feature integrates into the QBO invoicing system:
1. Finality
- Integration with QBO: When a customer pays an invoice via RfP and FedNow, the payment is immediately marked as final in QBO.
- Benefits:
- Reduced Reconciliation Efforts: No need to monitor for potential chargebacks or reversals.
- Immediate Fund Availability: Businesses can confidently access and use funds as soon as they receive payment notifications.
2. Non-NSF (Non-Sufficient Funds)
- Integration with QBO: Payments initiated through RfP with FedNow are validated for sufficient funds before processing.
- Benefits:
- Payment Assurance: Reduces the risk of non-payment due to insufficient funds, ensuring that all recorded payments in QBO are legitimate.
- Improved Cash Flow Management: Reliable payments enable better planning and financial management.
3. Instant Real-Time Payments
- Integration with QBO: Payments are processed in real-time and updated immediately in the QBO system.
- Benefits:
- Prompt Payment Records: QBO reflects real-time updates, showing instant payment status on invoices.
- Efficiency in Operations: Businesses can act on received payments quickly, whether it’s shipping goods, providing services, or managing inventory.
4. 24/7 Availability
- Integration with QBO: Payments can be made and recorded in QBO at any time, regardless of traditional banking hours.
- Benefits:
- Uninterrupted Operations: Enables businesses to operate and receive payments around the clock, accommodating global customers and different time zones.
- Customer Convenience: Customers can pay invoices at their convenience, improving the overall payment experience.
Practical Integration Steps:
- Setup RfP and FedNow in QBO:
- Enable the RfP payment option within QBO’s payment settings.
- Link the QBO account with FedNow to facilitate real-time payment processing.
- Invoice Creation and Distribution:
- Create and send invoices as usual in QBO.
- Include RfP payment instructions on the invoice, guiding customers on how to make payments using this method.
- Real-Time Payment Processing:
- When a customer pays using RfP and FedNow, the payment is processed instantly.
- QBO updates the invoice status to “Paid” immediately, reflecting the real-time payment.
- Automated Reconciliation:
- QBO automatically reconciles the payment against the corresponding invoice, ensuring accurate financial records.
- Businesses receive notifications within QBO about the completed transaction, enhancing transparency and financial tracking.
Use Cases and Benefits:
- E-commerce Businesses: Faster payment processing can lead to quicker order fulfillment and better customer satisfaction.
- Service Providers: Freelancers and consultants can benefit from immediate payment upon completion of services, improving their cash flow.
- Subscription-Based Models: Companies offering subscription services can ensure timely payments, reducing the risk of service disruption.
By leveraging these guarantees and features, businesses can enhance their financial operations, improve cash flow management, and provide a better overall experience for their customers. Integrating RfP and FedNow with QBO invoicing streamlines the payment process, offering security, speed, and reliability.
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.
Pricing with our Request For Payment Professionals
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% percentage on gross dollar file,
3) Add integrating QuickBooks Online "QBO" using FedNow Real-time Payment using our FedNow Guaranteed 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.
Start using our FedNow Real-Time Payments Bank Reconciliation:
Dynamic integrated with FedNow & Real-Time Payments (RtP) Bank Reconciliation: Accrual / Cash / QBO - Undeposited Funds
Give Us A Call
(866) 927-7180