Request for a Payee


How to Request for a Payee

Mobile Request for Payment Request for Payment, a new standard for digital invoicing facilitating real-time payments RTP ® and FedNow ® payments that are instant, final (irrevocable - "good funds") and secure.

Getting a customer to pay you through real-time payments involves a combination of communication, convenience, and providing clear instructions. Here are some steps you can take:

  1. Communicate Clearly:
    • Clearly communicate with your customer about the payment method you prefer, which in this case is real-time payments.
    • Explain the benefits of real-time payments, such as faster processing and immediate confirmation of payment.
  1. Offer Incentives:
    • Provide incentives for customers who choose to pay using real-time methods. This could include discounts, faster service, or other perks.
  1. Provide Clear Instructions:
    • Clearly outline the steps your customer needs to take to make a real-time payment. This may include providing your bank details, payment app information, or other necessary details.
  1. Use Technology:
    • Leverage technology to make the payment process seamless. Utilize online payment platforms, mobile apps, or other digital tools that support real-time payments.
  1. Show Security Measures:
    • Address any concerns your customer may have about the security of real-time payments. Assure them that the method is secure and that their financial information will be protected.
  1. Make it Easy:
    • Streamline the payment process as much as possible. Minimize the number of steps and provide user-friendly interfaces for making real-time payments.
  1. Highlight Convenience:
    • Emphasize the convenience of real-time payments. Stress the fact that it eliminates the need for physical checks, reduces processing times, and allows for immediate confirmation of transactions.
  1. Set Expectations:
    • Clearly communicate any deadlines or expectations regarding payment. Let the customer know the benefits of making the payment in real-time, such as avoiding late fees or ensuring timely delivery of goods or services.
  1. Follow Up:
    • If the customer has not made the payment within a reasonable timeframe, send friendly reminders. Emphasize the benefits of real-time payments and provide any necessary support to help them complete the transaction.
  1. Provide Customer Support:
    • Offer assistance and support in case the customer encounters any issues or has questions about making real-time payments. A responsive customer support system can build trust and confidence.

Remember to comply with any legal and regulatory requirements related to payments in your region. Additionally, always prioritize transparency and customer satisfaction in your communication and processes

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.".

Reconcile invoices with our Request for a Payee Solutions


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.)

2. Bank Reconciliation with as Payee FedNow & Real-Time Payments for Accrual, Cash and Hybrid Basis and QBO - Undeposited Funds

Each day, thousands of businesses around the country are turning their transactions into profit with real-time payment solutions like ours.



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