Real-Time Cash Back to Payer via FedNow® and RTP® Transactions

Real-Time Payments Parameters, Attributes, Benefits, and Features

Real-Time Cash Back to Payer System Parameters

Features

1. Instant Refunds and Rebates Using Real-Time Cash Back via RTP® and FedNow®

Merchants can issue refunds, rebates, or loyalty payments to customers in real time using hosted RfP™ links—delivered through SMS, email, or QR codes—with settlement confirmed in seconds.

2. Recurring Batch Disbursements Using ISO 20022 File Formats

Businesses can automate recurring payouts or one-time refunds using ISO 20022-formatted batch files like .XML, Excel, or JSON—ideal for high-volume returns or incentive campaigns.

3. Secure Hosted Payment Pages with Zero Integration Headaches

Each RfP™ includes a branded hosted landing page where the payer can securely complete a transaction with a few clicks—no coding or custom development required.

4. QuickBooks® QBO Integration for Real-Time Accounting Reconciliation

All cash back disbursements are instantly posted into your QBO ledger, streamlining reconciliation, reducing errors, and providing full visibility into AR/AP activity.

5. Any-Channel Delivery: POS, MOTO, Ecommerce, Mobile

Whether processing a refund at a point of sale or pushing a rebate after an online purchase, TodayPayments.com supports every environment in real time.

Ask us How:

• Real-Time Cash Back to Payers ensures instant refunds and rebates using FedNow® and RTP® payment rails, with Good Funds settlement and full transaction traceability.
• Merchants can send batch payments via ISO 20022 files, automating recurring disbursements, reward campaigns, or commission payouts without delay.
• Each payout is delivered through a secure hosted Request for Payment (RfP™) page sent by email, text message, or QR code for frictionless customer interaction.
• QuickBooks® QBO integration ensures each payment—whether a refund, commission, or rebate—is reconciled and logged in real time.
• Unlike traditional bank refunds, Real-Time Cash Back payments settle instantly, are final, and can be processed 24/7—even on weekends and holidays.

Why Businesses Choose TodayPayments.com for Real-Time Cash Back

1. ✅ Instantly return refunds and rebates with Good Funds
2. ✅ Batch-upload high-volume payouts in ISO 20022 format
3. ✅ Deliver hosted RfP™ links via SMS, email, or QR
4. ✅ No chargebacks, no ACH wait times, no reversals
5. ✅ Integrate seamlessly with QuickBooks® QBO for accounting
6. ✅ Works with POS, ecommerce, and mobile environments
7. ✅ Alias-based MID for department- or staff-level tracking
8. ✅ PCI-compliant and ISO 20022 certified
9. ✅ Real-time payment confirmation and automatic reconciliation
10. ✅ Online onboarding—no hardware, no downtime

To enable payees to enroll into Real-TimePayments.com and provide real-time cash back into the payer's bank account using FedNow or RTP, follow these steps:

Integration Steps

1. Payee Enrollment in Real-TimePayments.com

1. Register with Real-TimePayments.com:

   • Payees (merchants) need to sign up on Real-TimePayments.com and enroll in their RTP services.
   • Complete the necessary registration and KYC (Know Your Customer) processes to set up their accounts.

2. Configure FedNow and RTP Integration:

   • Set up the RTP and FedNow services within Real-TimePayments.com.
   • Link the payee's bank account to enable real-time cash back transactions.

2. Setting Up Real-Time Cash Back for Payers

Digital and Paper Invoicing:

1. Integrate Invoicing Software:

   • Ensure your digital invoicing system (such as QuickBooks Online or QuickBooks Enterprise) is integrated with Real-TimePayments.com.
   • Use the APIs from Real-TimePayments.com to add cash back options to digital invoices.

2. Send Digital and Paper Invoices:

   • Generate and send invoices that include information about the cash back option.
   • For paper invoices, include a URL or QR code that directs customers to a payment page where they can request cash back.

3. Enable Real-Time Cash Back Transactions:

   • Configure the invoicing system to process real-time cash back transactions using FedNow or RTP.
   • Ensure the platform can handle both the initial payment and the subsequent cash back transaction efficiently.

Benefits and Features for Payers and Payees

1. Speed and Efficiency:

• Immediate Fund Availability: Cash back transactions are processed in real-time, ensuring immediate availability of funds in the payer's bank account.
• Reduced Processing Time: Eliminates delays typically associated with traditional refund processes.

2. Enhanced Security:

• Data Encryption: Secure payment channels reduce the risk of fraud and protect sensitive information.
• Compliance: Ensures compliance with financial regulations, protecting both the payee and the payer.

3. Improved Customer Experience:

• Convenience: Offers customers a quick and easy way to receive cash back.
• Instant Confirmation: Customers receive immediate confirmation of cash back transactions, enhancing their experience.

4. Financial Management:

• Automatic Reconciliation: Cash back transactions are automatically reconciled in QuickBooks, reducing manual effort and errors.
• Real-Time Cash Flow Management: Provides up-to-date information on cash flow for both payees and payers, aiding in better financial planning and management.

5. Cost Savings:

• Lower Transaction Fees: Potentially lower fees compared to traditional refund methods.
• Reduced Administrative Costs: Automation reduces the time and cost associated with manual cash back processing and reconciliation.

6. Competitive Advantage:

• Modern Payment Solutions: Offering real-time cash back can attract tech-savvy customers and set the business apart from competitors.
• Enhanced Reputation: Providing cutting-edge payment solutions can enhance the payee’s reputation and customer trust.

Example Implementation

1. Payee Enrollment:

   • Payees sign up on Real-TimePayments.com and complete the necessary registration and KYC processes.
   • Link their bank accounts to their Real-TimePayments.com profiles.

2. Integrate Digital Invoicing:

   • Use the APIs from Real-TimePayments.com to integrate with QuickBooks Online or QuickBooks Enterprise.
   • Add cash back options to digital invoices.

3. Configure Paper Invoicing:

   • Print cash back instructions, including URLs or QR codes, on paper invoices.

4. Enable Real-Time Cash Back:

   • Customers can request cash back using the digital invoice links or by visiting/scanning the URLs/QR codes on paper invoices.
   • Real-TimePayments.com processes the cash back transactions through FedNow or RTP.

5. Monitor and Reconcile Payments:

   • Use the Real-TimePayments.com dashboard for real-time notifications and payment tracking.
   • Automatically reconcile cash back transactions in QuickBooks.

6. Ensure Security:

   • Implement data encryption for all transactions.
   • Ensure compliance with financial regulations.

7. Support and Communication:

   • Provide detailed instructions and support for customers requesting cash back.
   • Set up automated notifications for cash back confirmations.

Conclusion

By enabling payees to enroll in Real-TimePayments.com and provide real-time cash back into the payer's bank account using FedNow or RTP, merchants can offer a seamless and efficient refund process. This integration not only improves customer satisfaction but also enhances security, reduces costs, and provides a competitive advantage. Through platforms like Real-TimePayments.com and FedNowInstantPayments.com, merchants can leverage modern payment solutions to streamline their financial operations and offer superior service to their customers.

Make refunds feel like rewards. Give customers their money back—instantly.

With TodayPayments.com, you can issue Real-Time Cash Back using FedNow® and RTP® payment rails. Whether it’s a loyalty bonus, commission, or return, funds are settled instantly with no delays or chargebacks.

✅ Hosted RfP™ payment pages
✅ ISO 20022 batch automation
✅ Full QuickBooks® QBO integration
✅ Mobile delivery via text, email, or QR
✅ Final Good Funds 24/7—no exceptions

Visit TodayPayments.com to activate your Real-Time Cash Back system today.
Refund Faster. Retain Customers. Reinvent Cash Flow.