Real-Time Payments Gateway

Experience the Benefits of FedNow ® Instant Payments with Today Payments, Inc.

Comparison FedNow Compare Today Payments with Banks & FinTechs – The Future of FedNow® Instant Payments
Today Payments revolutionizes FedNow® instant payments, offering a cost-effective and efficient alternative to traditional banks and FinTech providers. Unlike banks that impose long settlement times and high fees, our real-time transaction capabilities ensure businesses have 24/7 access to funds with enhanced security. By eliminating processing delays, FedNow® allows businesses to optimize cash flow, minimize financial bottlenecks, and reduce reliance on credit lines. With built-in fraud prevention, each transaction remains secure and compliant, protecting businesses and consumers from potential risks. Adopting FedNow® through Today Payments gives businesses a competitive edge, offering customers faster, more reliable payment solutions that enhance satisfaction. As the industry moves toward real-time financial transactions, integrating FedNow® helps businesses stay ahead of the competition and thrive in a rapidly evolving digital economy.

FedNow® Instant Payments vs. Traditional Systems – Lower Costs & Greater Efficiency
Switching to FedNow® instant payments through Today Payments provides faster transactions, lower costs, and superior security compared to traditional banking and payment processing systems. Small businesses benefit significantly, gaining immediate access to funds and avoiding long settlement periods that can disrupt cash flow. Consumers also experience hassle-free payments, eliminating frustrating delays for bill payments and urgent transactions. As a government-backed payment network, FedNow® offers a secure and regulatory-compliant alternative to third-party processors. Businesses that implement FedNow® can enhance customer trust, improve payment efficiency, and reduce operational costs. Choosing Today Payments for FedNow® processing is a strategic move for businesses aiming to modernize their financial operations and remain competitive in today’s fast-paced digital marketplace.

Cost-Effective Comparison FedNow Payment Processing with Today Payments

Competitive, Affordable & Secure FedNow® Payment Processing for U.S. Businesses

Today Payments delivers cost-effective FedNow® and Real-Time Payments solutions, offering businesses all the essential services and features of traditional banking but at lower costs. While we are not a bank, our FedNow® processing platform provides secure, real-time transactions that improve cash flow without the excessive fees charged by banks and other payment providers. Small businesses benefit the most, as faster settlements eliminate long processing delays that often disrupt revenue cycles. Consumers also experience instant and seamless transactions, eliminating frustrating wait times for bill payments and urgent transfers. As a government-backed system, FedNow® ensures full compliance with federal financial regulations, providing a trusted and secure alternative to third-party payment platforms. Choosing Today Payments means gaining a cost-efficient, secure, and streamlined payment solution tailored to fit the needs of modern businesses.

Lower Costs & Faster Payments – Today Payments vs. Banks & Other Providers

Businesses working with Today Payments can save significantly compared to banks and other payment processors offering FedNow® services. Traditional banks impose higher fees and strict policies, restricting financial flexibility for businesses, especially small and mid-sized companies. In contrast, Today Payments processes real-time FedNow® transactions at a fraction of the cost, allowing businesses to streamline payment processing and optimize cash flow management. Our advanced system enables financial institutions to provide a better customer payment experience without the burdens of legacy banking infrastructures. By leveraging Today Payments for FedNow® processing, businesses can reduce transaction fees, enhance efficiency, and improve overall customer satisfaction. Implementing FedNow® through Today Payments is the smartest choice for companies looking to cut costs, speed up transactions, and stay competitive in today’s fast-paced digital economy.

Today Payments' FedNow
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Your current Payment Processor or Any Bank / Competitor




Monthly Cost Calculator

Enter your Monthly Transactions, Sale Price per Transaction, Interchange / Discount % and Transaction Fee details below to calculate costs for each payment method:

Payment Type Input Your Number of Monthly Transactions Input Your Average Sale Price Per Transaction Input Your Current Bank: Interchange / Discount % Input Your Current Bank: Transaction Fee Today Payments: Interchange / Discount % Today Payments: Transaction Fee Your Current Bank Cost Today Payments Cost Monthly Savings
Credit Cards
ACH
FedNow
Real-Time Payments
Monthly Fee 19.95
Total Monthly Cost Savings Savings

Today Payments Credit Card/ACH Fees/FedNow/Real-Time Payments:

Credit Card fees summarized are as follows:

VISA / MasterCard/ Discover / American Express-

Interchange 2% plus 35 Basis Points = 2.35% + $0.10 per transaction for all transaction types - keyed / MOTO and eCommerce 
Authorizations $0.10 per transaction

 

ACH Fees summarized are as follows:

.75% + $.30  per debit transaction

$2.50 per return ( bounced / closed account )

$25.00  per unauthorized return  (Like a Chargeback / Unauthorized Return) 

FedNow Fees summarized are as follows:

.75% + $.30  per debit transaction

$2.50 per return ( bounced / closed account )

$25.00  per unauthorized return  (Like a Chargeback / Unauthorized Return / Reject) 

Real-Time Payments Fees summarized are as follows:

.75% + $.30  per debit transaction

$2.50 per return ( bounced / closed account )

$25.00  per unauthorized return  (Like a Chargeback / Unauthorized Return / Reject) 

Other Account Fees are as follows:

Credit Cards:
$ 26.95 - Monthly 

$ 12.95 - PCI fee 

$ 9.95 - Next Day Funding - (Optional for CC accounts / 2-3 business days is always free)

$ - 0 - Application Fee 

$ - 0 - Setup Fee  

$ 59.95 - Annual Fee for Cards 

ACH:
$ 10.95 - Monthly (Discounted ACH add-on with CC account)

(or $19.95  for an ACH only account)

$ 29.95 - Annual Fee for ACH 

FedNow:
$ 10.95 - Monthly (Discounted FedNow add-on with CC account)

(or $19.95  for a FedNow only account)

$ 29.95 - Annual Fee for FedNow 

Real-Time Payments:
$ 10.95 - Monthly (Discounted Real-Time Payments add-on with CC account)

(or $19.95  for a Real-Time Payments only account)

$ 29.95 - Annual Fee for Real-Time Payments 

* Disclosure: The figures and calculations presented on this page are intended as rough estimates only. Actual Credit Cards, ACH, FedNow and Real-Time Payments payment processing rates may vary based on individual business profiles, transaction volumes, and specific contractual terms. For a more accurate and comprehensive analysis of your unique payment processing needs, we encourage you to call Today Payments (866) 927-7180 to request a personalized report. Our experts will help you evaluate your transaction history, business model, and specific requirements to provide the most cost-effective and up-to-date payment processing solution.
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