Aging FedNow Payments
TodayPayments.com empowers businesses to automate, track, and reconcile Aging FedNow® and RTP® Payments with real-time precision. Our tools simplify subscription billing, RfP follow-up, and ledger management — turning outstanding payments into instant cash flow.
To provide America’s businesses with the most reliable, transparent, and automated tools for tracking, collecting, and reconciling Aging FedNow® Credits, Debits, and Requests for Payment, ensuring every transaction is accounted for, in real-time.
What Are Aging FedNow® Payments and Why Do They Matter?
"Aging FedNow Payments", structured to
attract business owners, merchants, and corporate finance teams
looking to manage and reconcile outstanding FedNow® Credits and
Debits — especially through
Request for Payments (RfP).
Solving the Pain of Aging FedNow® Payments
for Businesses
In the fast-moving world of real-time payments, speed doesn’t always equal clarity — especially when businesses are left managing outstanding credits, unpaid Requests for Payment (RfPs), and unsettled transactions across multiple accounts. Even with FedNow® and RTP® offering near-instant movement of money, there’s still one major challenge: tracking what’s been requested, what’s been paid, and what’s still pending.
That’s where Aging FedNow® Payments come in — a vital concept for finance teams looking to close the loop on unreconciled transactions. By organizing and identifying aging debits and credits in your FedNow® or RTP® pipelines, your business can automate collections, accelerate reconciliation, and gain full transparency across all incoming and outgoing payments.
If you’re still managing this manually, it’s time for a smarter solution. Let’s dive into how TodayPayments.com helps businesses gain control over Aging FedNow® Payments — and get paid faster, with greater accuracy.
Aging FedNow® Payments refer to outstanding or pending real-time transactions—including credits, debits, and Requests for Payment (RfP)—that have not yet been fulfilled, reconciled, or closed out in your business’s payment ledger.
Ask for Us:
- How to track aging FedNow® payments for business accounts
- Best tools for reconciling outstanding FedNow® debits and credits
- Real-time invoice aging reports with FedNow and RTP
- FedNow® Request for Payment tracking for merchants
- Business reconciliation of outstanding RfP requests in FedNow®
These payments may originate from RTP® RfPs awaiting payer authorization, FedNow® Credits pending settlement review, or FedNow® Debits authorized but not yet cleared. Without a clear system in place, these aged items can result in:
- Lost revenue or billing delays
- Inaccurate cash flow forecasting
- Time-consuming reconciliation
- Poor audit trail visibility
How TodayPayments.com Helps You Reconcile Aging FedNow® Transactions
At TodayPayments.com, we deliver a real-time monitoring and reconciliation platform tailored for businesses using FedNow® and RTP® services.
Here's how we help you manage your aging payments effectively:
📊 Outstanding FedNow® Credits & Debits Dashboard
Visualize every pending transaction in a clean, categorized format — broken down by time outstanding (e.g., 1-3 days, 4-7 days, 8+ days).
🔁 Automated Follow-up for Request for Payments (RfPs)
Send automated reminders, initiate retries, or convert open RfPs into new payment requests — all based on rule-based triggers.
🔐 Rich ISO 20022 Reconciliation Data
Integrate FedNow® or RTP® data directly into your ERP or accounting software, enabling full reconciliation, line-item matching, and financial transparency.
📆 Aging Reports by Customer, Invoice, or MID
Drill down into aging by merchant ID, payer, or invoice reference, allowing your finance team to act decisively.
✅ "FREE" RfP Aging & Real-Time Payments Bank Reconciliation – with all merchants process with us.
To support merchants and finance teams of all sizes, TodayPayments.com offers free downloadable templates, including:
- Aging Accounts Receivable Worksheet: Pre-built with 15, 30, 60, 90+ day tracking
- Bank Reconciliation Templates: Instantly match payments with deposits across batches
- ISO 20022 File Format Samples: Plug-and-play structures for batch uploads and RfP message testing
Interoperability Over Competition: Why It Matters for Aging Payments
The FedNow® Service and RTP® Network aren’t competitors — they’re complementary tools that businesses must leverage together. The future lies not in choosing between them, but in building interoperability that ensures:
- RfP requests work across both platforms
- Payments from different banks or credit unions settle instantly
- Businesses can consolidate aging reports regardless of the rail used
At TodayPayments.com, we provide a unified interface that supports both FedNow® and RTP®, so your aging payments are always visible, traceable, and recoverable.
To implement Aging FedNow Payments with instant Request for Payments (RfP) for payees, you'll need to combine the capabilities of the FedNow service with your payment processing infrastructure. Here's a step-by-step guide:
1. Enroll in FedNow:
- Ensure that your organization is enrolled in the FedNow service. Follow the necessary procedures and agreements to establish your connection with FedNow.
- Confirm that your QBO account is set up to integrate with FedNow. Check for any available plugins, apps, or features within QBO that facilitate FedNow Payments.
3. Configure FedNow in QBO:
- If there's a dedicated section or integration point for FedNow in QBO, configure it according to your organization's requirements. This may involve entering account details, setting up payment links, and enabling real-time tracking.
4. Create Request for Payments (RfP) in QBO:
- Utilize QBO to create RfPs for your payees. Include relevant details such as vendor name, invoice number, and the amount requested.
5. Include FedNow Payment Link:
- Within the RfP details, include a FedNow payment link or instructions for payees to initiate instant payments through the FedNow service.
6. Real-Time Tracking in QBO:
- Leverage QBO's tracking features to monitor and manage the status of FedNow Payments. Use the invoice tracking and payment tracking functionalities for real-time updates.
7. Aging Report in QBO:
- Generate aging reports within QBO to track the status and aging of FedNow Payments. Customize these reports to include relevant details for your organization.
8. Automated Notifications:
- Set up automated notifications or alerts within QBO to inform payees when an RfP is generated and when payments are received through FedNow.
9. Educate Payees:
- Provide clear instructions to payees on how to use the FedNow payment link and what to expect regarding instant payments. This may involve creating user guides or hosting training sessions.
10. Security Measures:
- Implement robust security measures to protect sensitive financial information, especially when dealing with real-time payments. Ensure compliance with data protection regulations.
11. Regular Reconciliation:
- Conduct regular reconciliation between QBO records and your bank statements to ensure accuracy and consistency.
Example Workflow:
1. Create RfP in QBO:
· Generate an RfP in QBO, including necessary details and the FedNow payment link.
2. Payee Notification:
· Payees receive automated notifications from QBO, informing them of the RfP and providing instructions on how to make instant payments through FedNow.
3. FedNow Payment:
· Payees use the FedNow payment link to initiate instant payments.
4. Real-Time Update in QBO:
· QBO is updated in real-time to reflect the payment status, aging details, and any relevant changes.
Notes:
- Stay Informed: Keep abreast of any new features or updates in both QBO and the FedNow service to take advantage of the latest capabilities.
- Integration Partners: Check if there are any third-party integrations or QBO add-ons specifically designed for FedNow Payments.
- Legal and Compliance: Ensure that your processes comply with legal and compliance requirements related to real-time payments and financial transactions.
Always check for the most recent updates and features, as the landscape of financial technology can evolve rapidly. Additionally, consult with your financial and technology partners for specific guidance tailored to your organization's needs.
Gain Full Control of Your Aging Payments with TodayPayments.com
If your team is still guessing which real-time payments are outstanding — or manually chasing RfP responses — it’s time to upgrade your payment intelligence.
✅ Track Aging FedNow®
Debits and Credits
✅ Automate RfP
follow-ups and collections
✅ Unify RTP®
and FedNow® reporting
✅ Gain
instant reconciliation confidence
Get started today with https://www.TodayPayments.com — the fastest way to take control of your real-time payment lifecycle, from request to resolution.
ACH and both FedNow Instant and Real-Time Payments Request for Payment
ISO 20022 XML Message Versions.
The versions that
NACHA and
The Clearing House Real-Time Payments system for the Response to the Request are pain.013 and pain.014
respectively. Predictability, that the U.S. Federal Reserve, via the
FedNow ® Instant Payments, will also use Request for Payment. The ACH, RTP® and FedNow ® versions are "Credit
Push Payments" instead of "Debit Pull.".
Activation Dynamic RfP Aging and Bank Reconciliation worksheets - only $49 annually
1. Worksheet Automatically Aging for Requests for Payments and Explanations
- Worksheet to determine "Reasons and Rejects Coding" readying for re-sent Payers.
- Use our solution yourself. Stop paying accountant's over $50 an hour. So EASY to USE.
- No "Color Cells to Match Transactions" (You're currently doing this. You won't coloring with our solution).
- One-Sheet for Aging Request for Payments
(Merge, Match and Clear over 100,000 transactions in less than 5 minutes!)
- Batch deposits displaying Bank Statements are not used anymore. Real-time Payments are displayed "by transaction".
- Make sure your Bank displaying "Daily FedNow and Real-time Payments" reporting for "Funds Sent and Received". (These banks have Great Reporting.)
Each day, thousands of businesses around the country are turning their transactions into profit with real-time payment solutions like ours.
