The Best Solution for Incentivizing recurring FedNow autopay 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"
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  • ~ 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 Incentivizing recurring FedNow autopay Request for Payments in QBO QuickBooks

Incentivizing the use of recurring autopay via FedNow integrated with QuickBooks Online (QBO) involves highlighting the seamless, efficient, and real-time benefits of this integration for both consumers and businesses. Here are strategies to encourage the adoption of this payment method:

For Consumers:

  1. Financial Incentives:
    • Cashback Rewards: Offer cashback on the first few recurring payments made via FedNow through QBO.
    • Discounts on Subscriptions: Provide discounts on recurring services (e.g., utilities, streaming) for setting up FedNow autopay with QBO.
    • One-Time Bonuses: Give a one-time bonus or credit for initiating recurring payments through FedNow.
  1. Fee Waivers:
    • No Transaction Fees: Waive fees for recurring payments made through FedNow integrated with QBO.
    • Setup Fee Waivers: Eliminate any initial setup fees for enabling recurring FedNow payments through QBO.
  1. Enhanced Convenience and Security:
    • Instant Confirmation: Promote the convenience of real-time payment confirmation and instant fund transfers.
    • Secure Transactions: Emphasize the security features of FedNow, ensuring safe and reliable transactions.
  1. Loyalty and Rewards Programs:
    • Loyalty Points: Offer loyalty points for each transaction made via recurring FedNow autopay.
    • Exclusive Offers: Provide access to exclusive deals and rewards for users of FedNow autopay.
  1. Educational Support:
    • Webinars and Tutorials: Offer webinars and tutorials on setting up and managing recurring payments through FedNow and QBO.
    • Customer Support: Provide dedicated customer support to assist with the setup and troubleshooting of FedNow autopay.

For Businesses:

  1. Cost Savings:
    • Reduced Transaction Fees: Offer lower transaction fees for businesses using FedNow autopay integrated with QBO.
    • Bulk Payment Discounts: Provide discounts for businesses processing high volumes of recurring payments.
  1. Improved Cash Flow:
    • Immediate Fund Access: Highlight the benefit of instant fund availability, improving cash flow management.
    • Early Payment Incentives: Offer incentives for early or on-time payments through recurring FedNow autopay.
  1. Operational Efficiency:
    • Automated Reconciliation: Promote the automation of payment reconciliation in QBO, reducing manual entry and errors.
    • Streamlined Accounting: Emphasize the time-saving benefits of automatic payment recording and reconciliation in QBO.
  1. Integration Support:
    • Technical Assistance: Provide free or discounted technical support for integrating FedNow with QBO.
    • API and Developer Support: Offer robust APIs and developer resources for seamless integration.
  1. Marketing and Co-Branding:
    • Joint Marketing Campaigns: Partner with Intuit (QBO’s parent company) for co-branded marketing efforts.
    • Customer Testimonials: Use testimonials and case studies from businesses that have benefited from using recurring FedNow payments with QBO.

Cross-Sector Strategies:

  1. Educational Initiatives:
    • Workshops and Seminars: Conduct workshops and seminars to educate businesses and consumers on the benefits of FedNow autopay integrated with QBO.
    • User Guides and FAQs: Provide detailed user guides and FAQs to assist with the integration and management of FedNow autopay.
  1. Partnerships with Financial Institutions:
    • Bank Collaborations: Work with banks to promote the combined benefits of FedNow and QBO to their business customers.
    • Special Promotions: Run joint promotional campaigns with financial institutions to encourage the adoption of FedNow autopay.
  1. Government and Regulatory Support:
    • Incentive Programs: Collaborate with government agencies to offer incentives for businesses adopting real-time payment solutions.
    • Compliance Guidance: Provide regulatory compliance guidance to ensure smooth integration of FedNow payments.

Implementation Examples:

  • Real-World Use Case Studies: Share success stories from businesses that have integrated FedNow autopay with QBO, showcasing the benefits and efficiencies gained.
  • Step-by-Step Integration Guides: Provide clear, step-by-step guides on how to set up FedNow autopay within QBO, making the process straightforward for users.
  • Promotional Campaigns: Launch targeted marketing campaigns highlighting the ease, speed, and security of using FedNow for recurring autopay, integrated with QBO.

By adopting these strategies, financial institutions and businesses can effectively incentivize the use of recurring FedNow autopay integrated with QuickBooks Online, leveraging the advantages of real-time payments and streamlined financial management to create a more efficient and user-friendly payment ecosystem.

 

Request for Payment

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
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 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 FedNowAutoPay 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:

FedNow Bank Reconciliation

 Dynamic integrated with FedNow & Real-Time Payments (RtP) Bank Reconciliation: Accrual / Cash / QBO - Undeposited Funds


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Today Payments Merchant Services
2305 Historic Decatur Road, Suite 100
San Diego, CA 92106
(866) 927-7180