Real-Time Payments at the speed of life ™ ~


Create recurring FedNow Files

TodayPayments.com is the premier platform for building, managing, and automating recurring FedNow® and RTP® payments. We empower businesses to send and receive real-time payments using file-based uploads and rich ISO 20022 data — giving you instant visibility, faster reconciliation, and no delays.

To enable every business, regardless of size or industry, to access and automate real-time FedNow® and RTP® payment capabilities through structured file creation, seamless platform uploads, and intelligent recurring billing — with no delays, no chargebacks, and no confusion.

Automate Recurring FedNow® Payments with File-Based Precision

The demand for real-time, automated payment solutions is reshaping how businesses handle cash flow, recurring billing, and customer subscriptions. And while The FedNow® Service and RTP® Network provide the rails for instant movement of money, the real operational edge lies in how you generate and upload recurring transactions — formatted for automation, clarity, and compliance.

Whether you're the payee billing customers or the payer managing debits, recurring FedNow® files—built with JSON, XML, CSV, Excel, and ISO 20022 rich data—allow you to initiate real-time payments that are accurate, secure, and trackable.

At TodayPayments.com, we give your business the ability to create, schedule, and manage static and variable recurring transactions via FedNow® Credits, Debits, and Requests for Payment (RfP)—ensuring you're always in control of the payment lifecycle.

Recurring billing is a cornerstone of modern business models — from SaaS and memberships to B2B retainers. With FedNow®, companies can automate these cycles in real time by creating recurring payment files with static or variable amounts.

Supported Recurring Transaction Types:

  • Static Amounts: Same charge every cycle (e.g., $99/month)
  • Variable Amounts: Adjusted by usage, tiers, or seasonal pricing

File Formats for FedNow® Upload:

  • .JSON – Flexible for real-time and API-based transactions
  • .XML – Supports ISO 20022 standard for structured data
  • .CSV – Simple, scalable spreadsheet upload format
  • .Excel – User-friendly for finance and billing teams

Ask us how:

  • Create recurring FedNow® payments with variable amounts
  • FedNow® billing file templates using Excel, XML, or JSON
  • Automate static recurring payments via FedNow® or RTP®
  • ISO 20022 rich data formatting for recurring FedNow® RfP
  • Upload recurring FedNow® credit and debit files to bank portal

FedNow® Credits, Debits, and Request for Payments (RfP) for Business Automation

At TodayPayments.com, we provide the full toolset to create and automate recurring FedNow® payment workflows:

✅ FedNow® Credits (Push Payments)

Perfect for disbursing payroll, commissions, vendor payments — instantly and without waiting on batch processing.

🔁 FedNow® Debits (Pull Payments)

Ideal for auto-debiting customers or clients with prior authorization. Reduce chargebacks and get “Good Funds” faster.

🧾 Request for Payments (RfP)

Generate digital invoices with a click. RfPs enable the payer to approve real-time payments — great for variable billing cycles and on-demand invoicing.

🔄 Automated Scheduling & Uploads

Recurring payments can be pre-scheduled and uploaded directly into FinTech or bank dashboards. Our system supports batch uploads, API integration, and multi-format compliance.

While The FedNow® Service and RTP® are often seen as alternatives, the future of instant payments is interoperability — not competition.

TodayPayments.com supports both payment networks by allowing:

  • Seamless creation of recurring files that work across both FedNow® and RTP®
  • Automatic detection of payer’s financial institution compatibility
  • Full RfP, credit, and debit coverage regardless of the payment rail
  • Aging report generation for unreconciled or pending payments

Your business benefits from a network-agnostic approach — reducing missed payments, improving reconciliation, and streamlining the receivables process.

FREE Real-Time Payments Bank Reconciliation%
✅ "FREE" RfP Aging & Real-Time Payments Bank Reconciliation – with all merchants process with us. Real-Time Payments Bank Reconciliation

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

Recommended .csv Templates for Creating Recurring FedNow Files. Make sure that your Bank or Credit Union allows importing and downloading batches for RfP "Request for Payments" as addition to single transactions.

Uploading to Batches

  1. Log in to Your Payment Processing System:
    • Access the platform where you create and manage FedNow payment batches.
  1. Create a New Batch:
    • Start a new batch for the recurring payments.
  1. Upload the .csv File:
    • Follow the prompts to upload the .csv file containing the transaction details.
    • Ensure the file is uploaded correctly, and review the batch details before confirming.
  1. Review and Submit:
    • Review the batch summary to ensure all transactions are accurate.
    • Once verified, submit the batch for processing.

When uploading/importing recurring FedNow files using batches to bank and credit union dashboards, it's crucial to ensure the files are formatted correctly to facilitate smooth processing. Below are recommended steps and .csv templates for this process:

Upload/Import to Bank/Credit Union Dashboards

  1. Log in to Bank/Credit Union Dashboard:
    • Access the online banking portal of your bank or credit union.
  1. Navigate to Payments/Batch Upload Section:
    • Look for the section where you can upload or import payment batches. This may be labeled as "Payments", "Transfers", or "Batch Upload".
  1. Select the File Upload Option:
    • Choose the option to upload a file.
  1. Upload the .csv File:
    • Select the appropriate .csv file (static or variable) containing the recurring FedNow transactions.
  1. Review File Format:
    • Ensure the file format is compatible with the bank's requirements. Some banks may have specific formatting guidelines.
  1. Map Columns (if required):
    • If the bank's system requires column mapping, ensure that the columns in your .csv file match the fields expected by the bank's system.
  1. Validate and Submit:
    • Review the uploaded file for accuracy and completeness.
    • Once validated, submit the file for processing.
  1. Confirmation and Tracking:
    • After submission, the bank's system should provide confirmation of the batch upload.
    • Track the status of the batch to ensure all transactions are processed successfully.

Tips for Success:

  • File Formatting: Ensure your .csv file follows the correct format specified by your bank or credit union.
  • Data Validation: Validate the data in your file to minimize errors during processing.
  • Secure Transmission: Use secure channels when uploading/importing files to protect sensitive financial data.
  • Batch Monitoring: Regularly monitor the status of your batch transactions to address any issues promptly.

By following these steps and utilizing the recommended templates, you can effectively create and upload recurring FedNow files to your bank or credit union dashboard, streamlining your payment processing workflows.

Create, Upload & Get Paid Faster with TodayPayments.com

If you're still managing recurring payments manually or relying on delayed ACH or card processing, it's time to switch to a real-time, file-based system built for scale and certainty.

With TodayPayments.com, your business gets: ✅ Tools to create recurring FedNow® files with static or variable amounts
✅ Upload-ready formats: JSON, XML, CSV, Excel
✅ ISO 20022 compliance with rich payment metadata
✅ Automated FedNow® RfPs, Credits, and Debits
✅ Full dashboard visibility and reconciliation tools

📂 Build it. Upload it. Get paid instantly.
Upgrade your recurring billing game now with https://www.TodayPayments.com — the smart way to power real-time payments for your business.

 

How to Create recurring downloading FedNow Files transactions

To download FedNow files as batches and itemize them for aging of Request for Payments, you'll need to ensure your bank or credit union provides batch download functionality and that the downloaded files are structured to include the necessary details for aging requests. Below are steps and a suggested .csv template for achieving this:

Step 1: Download FedNow Files as Batches from Bank/Credit Union Dashboard

  1. Log in to Bank/Credit Union Dashboard:
    • Access the online banking portal of your bank or credit union.
  1. Navigate to Transactions/Batch Download Section:
    • Look for the section where you can download transaction batches. This might be labeled as "Transactions", "Payments", "Batch Download", or similar.
  1. Select Date Range and Download Format:
    • Choose the date range for the transactions you want to download.
    • Ensure the download format is compatible with spreadsheet software (e.g., .csv, .xlsx).
  1. Download the Batch File:
    • Download the batch file containing FedNow transactions to your computer.

Step 2: Itemize FedNow Transactions for Aging Requests

  1. Open the .csv File in Spreadsheet Software:
    • Open the downloaded batch file in a spreadsheet program like Microsoft Excel or Google Sheets.
  1. Format the Data:
    • Ensure the data is organized and formatted correctly.
    • Check for any missing or incorrect information.
  1. Separate Transactions for Aging Requests:
    • Identify and separate the FedNow transactions that need to be itemized for aging requests.
  1. Match with Aging Request Details:
    • Match each FedNow transaction with the corresponding aging request details, such as invoice numbers, due dates, and amounts owed.
  1. Create Aging Request Spreadsheet:
    • Create a new spreadsheet or tab within the existing spreadsheet to itemize aging requests.
    • Include columns for invoice numbers, amounts owed, due dates, aging categories (e.g., current, 30 days, 60 days), and any other relevant information.
  1. Populate Aging Request Details:
    • Populate the aging request spreadsheet with the matched FedNow transaction details.

Step 3: Analyze and Submit Aging Requests

  1. Review Aging Request Details:
    • Review the aging request spreadsheet to ensure accuracy and completeness.
    • Verify that all FedNow transactions are properly matched with aging request details.
  1. Submit Aging Requests:
    • Submit the aging requests to the appropriate departments or stakeholders for processing.
  1. Track Aging Requests:
    • Track the status of aging requests and follow up on any outstanding items.

By following these steps and utilizing the provided template, you can effectively download FedNow files as batches from your bank or credit union dashboard and itemize them for aging requests, ensuring accurate and organized financial records.

 

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 Create recurring FedNow Files static or variable transactions amounts 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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