Surcharge FedNow® for Instant Real-Time Payments – Smart Payment Solutions for SMBs

Surcharge FedNow® for Instant Real-Time Payments: Smart Solutions for SMBs & Enterprises

Cash Discount vs. Surcharge – Understanding the Key Differences

Before adopting a surcharge model for FedNow® transactions, businesses must understand the difference between cash discounts and surcharges:

• Cash Discount: A price reduction applied when customers pay using cash, ACH, or FedNow®, rather than a credit card.
• Surcharge: A small fee added to a transaction when a customer chooses a specific payment method, such as FedNow®, RTP, or credit cards.

With Surcharge FedNow®, businesses can legally pass the FedNow® transaction processing fee to the payer, ensuring they receive 100% of the invoice amount without deductions.

Key Benefits of Surcharge FedNow® for SMBs & Large Enterprises

✅ Pass Processing Fees to the Payer – Eliminate Merchant Costs

• With FedNow® surcharging, the payer covers transaction fees, not the business.
• Businesses keep 100% of their invoice payments, improving profitability and cash flow.
• Avoid credit card processing fees, which typically range from 2.5% - 3.5% per transaction.

✅ Instant Real-Time Payments – Faster Cash Flow

• Unlike credit card settlements and ACH transfers, FedNow® processes payments instantly.
• Funds are immediately available, helping businesses manage expenses, payroll, and growth investments.
• No more waiting for pending transactions or delayed settlements.

✅ Request for Payment (RfP) Digital Invoicing for B2B Transactions

• Businesses can send invoices instantly via RfP digital invoicing and get paid in real-time.
• Seamless integration with QuickBooks®, Xero, and NetSuite for automated bookkeeping.
• Reduces manual payment tracking and eliminates late payments.

✅ One-Time & Variable Recurring Payment Support

• Accept one-time instant payments with zero merchant fees.
• Perfect for subscription-based businesses that require recurring billing.
• Businesses can customize variable recurring payments to match customer billing cycles.

✅ No PCI Compliance Costs – Reduce Security Risks

• FedNow® does not require PCI DSS compliance, unlike credit card processing.
• End-to-end encryption ensures secure transactions with lower fraud risk.
• Businesses eliminate chargebacks, disputes, and unauthorized reversals common with credit cards.

✅ Works for SMBs & Businesses with Bad Credit

• No credit score requirements—FedNow® transactions are direct bank-to-bank transfers.
• Businesses with low or no credit history can accept payments without restrictions.
• Removes barriers to accepting digital payments for all businesses.

✅ 24/7/365 Availability – No Banking Hour Limitations

• Unlike ACH and wire transfers, which depend on banking hours, FedNow® operates 24/7.
• Accept payments anytime, anywhere, including weekends and holidays.

✅ Enhanced Security & Fraud Protection

• End-to-end encryption and authentication protect against fraud.
• Unlike credit card transactions, FedNow® payments cannot be reversed, eliminating chargebacks.
• ISO 20022 messaging compliance ensures secure and transparent transactions.

How Surcharge FedNow® Benefits SMBs & Enterprises

🎯 Faster Business-to-Business (B2B) Payments

• Pay vendors, suppliers, and service providers instantly.
• No ACH transfer holds, wire fees, or pending credit card settlements.

🛍️ Ideal for E-Commerce & Retailers

• Accept real-time payments with zero merchant fees, increasing profit margins.
• Faster order processing and instant payment confirmations.

📈 Perfect for Subscription & Recurring Billing

• Automate recurring payments with Request for Payment (RfP) invoicing.
• Reduce failed transactions and chargeback risks.

🏦 Optimized Payroll & Contractor Payments

• Pay employees, freelancers, and contractors instantly via FedNow®.
• Reduce payroll processing costs and eliminate direct deposit fees.

Upgrade to Surcharge FedNow® with TodayPayments.com

Are you ready to eliminate processing costs and start surcharging FedNow® payments?

With Surcharge FedNow®, your business can:

Pass transaction fees to the payer and eliminate processing costs
Accept instant real-time payments—Funds settle in seconds
Automate invoicing with Request for Payment (RfP)
Support one-time and variable recurring payments
Enhance security and eliminate chargebacks

Start accepting real-time, fee-free payments today! Sign up with TodayPayments.com now.