The FedNow Service Instant Payments
Today Payments, Inc. featured
in the Federal Reserve’s new FedNow SM Service
Provider Showcase
March 08, 2022 – Today Payments, Inc. is
proud to be featured in the Federal Reserve’s new FedNow Service
Provider Showcase, an online resource designed to connect
financial institutions looking to adopt and innovate upon the
FedNow Service with service providers offering instant payment
solutions.
“We’re
thrilled to be part of the FedNow Service Provider Showcase and
look forward to helping other organizations implement instant
payments,” said Leigh Cook, Founder & CEO. “With
our solutions, U.S. Banks & Credit Unions and businesses, large and small will
be able to access the speed, convenience and other benefits the
FedNow Service will provide when it launches in 2023.”
Today Payments, Inc. plans
to offer the following instant payment services to organizations
that are adopting the FedNow Service:
“We
appreciate the commitment of Today Payments, Inc. to
enabling FedNow adoption and participating in the showcase,”
said Nick Stanescu, Federal Reserve Bank senior vice president
and FedNow business executive. “The time is now for
organizations to identify and connect with partners they’ll need
to build the end-to-end solutions the market is demanding.”
Good
Funds Gateway, we believe, is the only payment processing gateway
providing "Good Funds" transactions, Real-time Payments, Request for Payment RfP ™, Wires,
Instant Payments, Same-Day ACH, Electronic Check, Credit Card, Debit Card and Paper Check conversion/payment solutions all with one convenient login with the additional benefit of accounting software integrations! Real-Time Payments Merchant Services
is one of the fastest-growing privately held electronic funds transfer processors in the United States. Our clients benefit from a comprehensive suite of payments products and services. Our customers receive faster availability of funds on deposited items and instant notification of items presented for deposit – all based on real-time activity. Dedicated to providing superior customer service and industry-leading technology, Instant Payments provides tools to help organizations of all sizes reduce transaction costs, mitigate risk and increase efficiencies. Our real-time system ensures proper Authentication, Authorization, Verification, Settlement, Notifications and Postings.
About the FedNow Service
The
Federal Reserve Banks are developing the FedNow Service to
facilitate nationwide reach of instant payment services by
financial institutions — regardless of size or geographic
location — around the clock, every day of the year. Through
financial institutions participating in the FedNow Service,
businesses and individuals will be able to send and receive
instant payments at any time of day, and recipients will have
full access to funds immediately, giving them greater
flexibility to manage their money and make time-sensitive
payments. Access will be provided through the Federal Reserve’s FedLine® network,
which serves more than 10,000 financial institutions directly or
through their agents. For more information, visit
FedNowExplorer.org.
"FedNow"
is a service mark of the Federal Reserve Banks. A list of marks
related to financial services products that are offered to
financial institutions by the Federal Reserve Banks is available
at FRBservices.org.
