FedNow® Recurring Debit Transactions: Automate Payments & Debit Customer Accounts with QuickBooks® (QBO)

Automating FedNow® Recurring Debit Transactions in QuickBooks® (QBO)

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.

For businesses managing recurring invoices and subscription billing, QuickBooks® Online (QBO) offers a seamless way to track payments and automate transactions. By integrating FedNow® RfP with QuickBooks® QBO, businesses can create automated invoices, send real-time payment requests, and track transactions without manual intervention. This reduces administrative workload while ensuring payments are received on time.

Using QuickBooks® Payments with FedNow®, businesses can eliminate the need for credit card processing fees and ACH delays. The integration provides a direct debit alternative, allowing companies to set up recurring payment requests that are securely authorized by payers. This enhances transparency, reduces failed payments, and ensures that financial records are updated automatically in QuickBooks®.


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QuickBooks® ACH, Cards, FedNow and Real-Time Payments

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QuickBooks Online Software QuickBooks Accounting Software Image
  • ~ 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: Why FedNow® is Better Than Credit Cards for QuickBooks® Recurring Payments

Businesses using QuickBooks® Online (QBO) can streamline recurring payments by integrating FedNow® Request for Payment (RfP) for real-time debit transactions. Instead of relying on credit cards, ACH, or checks, businesses can send automated payment requests to customers’ accounts, ensuring fast and secure transactions. Since FedNow® operates 24/7/365, recurring payments are processed instantly, even on weekends and holidays, eliminating delays from batch processing.

By using QuickBooks® QBO with FedNow®, businesses can automate invoicing, track real-time payments, and ensure immediate fund availability. Customers receive a FedNow® RfP notification, approve the transaction, and funds are instantly debited from their accounts. This reduces failed payments, enhances security, and improves cash flow, making FedNow® an ideal choice for subscription-based businesses, service providers, and real estate transactions.

Why FedNow® is Better Than Credit Cards for QuickBooks® Recurring Payments

Traditionally, businesses rely on credit cards for recurring auto-debit transactions, but this comes with high processing fees, chargeback risks, and frequent payment failures due to expired or blocked cards. With FedNow® debit transactions, businesses can eliminate these issues by debiting customers' accounts directly, with their approval, in real-time. Unlike credit cards that take days to settle, FedNow® ensures that funds are available instantly, with no risk of disputes or reversals.

Additionally, integrating FedNow® RfP into QuickBooks® QBO removes third-party intermediaries, reducing payment processing costs. Businesses no longer need to worry about credit card declines, and customers retain full control over their payments, leading to higher trust and lower churn rates for recurring services. FedNow® is the perfect alternative for companies seeking a cost-effective, secure, and efficient payment solution.

How to Set Up FedNow® Recurring Debit Transactions in QuickBooks® (QBO)

1️⃣ Enable FedNow® Payments in QuickBooks®

  • Go to QuickBooks® Online (QBO) Settings and select Payments.
  • Link your bank account that supports FedNow® transactions.
  • Activate Request for Payment (RfP) integration to send automated requests.

2️⃣ Create a Recurring Invoice for FedNow® Payments

  • Navigate to Sales > Recurring Transactions in QuickBooks®.
  • Select “Create New” and choose Invoice as the transaction type.
  • Set the payment frequency (weekly, monthly, or custom) and enable FedNow® as the payment option.

3️⃣ Automate Customer Payment Requests with FedNow®

  • Customers will receive a FedNow® Request for Payment (RfP) notification.
  • Upon approval, their account is instantly debited, and QuickBooks® updates the transaction in real time.
  • Track successful payments, pending requests, and failed transactions in QuickBooks® Reports.

With this automation, businesses can reduce manual invoicing, ensure timely payments, and improve financial management effortlessly.

Benefits of Using QuickBooks® QBO & FedNow® for Recurring Debit Payments

✅ Instant Fund Settlement – Payments are credited within seconds, improving cash flow and financial planning.
✅ Eliminates Payment Failures – Unlike credit cards, FedNow® debits funds directly from the customer’s account.
✅ No Chargeback Risks – Since payments require customer approval, businesses are protected from disputes or unauthorized reversals.
✅ Lower Processing Costs – Businesses can reduce dependency on credit cards and ACH, avoiding high transaction fees.
✅ Seamless Integration with QuickBooks® Reports – Payments are automatically tracked, reconciled, and recorded for accounting accuracy.

By using FedNow® for recurring payments, businesses can enhance customer trust, improve retention rates, and eliminate administrative payment hassles.

Why FedNow® Recurring Debit Transactions are the Future of Business Payments

As more businesses move away from costly credit card payments and slow ACH processing, FedNow® debit transactions provide a modern, secure, and real-time alternative. When combined with QuickBooks® QBO, businesses can automate recurring payments, remove manual invoicing, and ensure immediate fund transfers without delays.

Looking to integrate FedNow® into your QuickBooks® QBO system? Start using real-time recurring debit payments today!

Request for Payment

Creation Request for Payment Bank File

Enhance Your FedNow Debit Transactions using QuickBooks QBO integrating through SecureQBPlugin.com Payment Requests with FedNow’s ISO 20022 Messaging

Streamline Payments with Advanced Request for Payment Options:

Harness the power of FedNow's Request for Payment system to transform how you manage invoices and remittances. Our platform supports diverse data integration options, allowing payees to incorporate detailed invoice data directly within the RfP message or link to a comprehensive Merchant Page.

Flexible Invoice Details with ISO 20022 Messaging:

Leverage the flexibility of ISO 20022 messaging standards in our RfP system. You can choose to display crucial payment details directly in the message with a concise 140-character description, or through a dynamic "Hyper-Link" leading to a detailed Merchant Page. This Merchant Page can be hosted either on your website or TodayPayments.com/HostedPaymentPage.html through our seamless integration solution.

Customizable Merchant Pages for Enhanced Customer Experience:

Create a Merchant Page that not only details all the MIDs you own but also presents these options attractively to your customers through the RfP. This customization ensures that whether your payer opts for Real-Time Payment, Same-Day ACH, or Card transactions, they can easily navigate and complete their payments through a simple click on the hyperlink provided on your Merchant Page.

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.

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