
Real-Time Rent Payments
What are Real-Time Rent Payments
Collecting rent has traditionally been a slow, manual, and often unpredictable process. Paper checks, ACH delays, and communication gaps between landlords and tenants can disrupt cash flow and create tension. With the evolution of real-time payment technology, these issues are becoming a thing of the past.
Real-Time Rent Payments, powered by FedNow® and RTP® (Real-Time Payments), provide landlords and property managers with a secure, instant way to request and receive payments from renters. By sending a Request for Payment (RfP) to tenants, landlords can initiate recurring variable transactions, including both debits and credits, without ever needing access to renters' sensitive banking information.
At TodayPayments.com, we offer a complete real-time rent payment solution that protects both parties, simplifies accounting, and ensures payments are received within seconds—not days.
How Real-Time Rent Payments Work with RfP
Using Request for Payment (RfP) messaging, landlords can initiate a payment request that tenants approve instantly through their bank apps. Here's how the process works:
- The Payee (Landlord) sends a digital RfP to the Payer (Renter)
- The Renter authorizes the transaction—either a debits or credits
- Funds are transferred immediately through FedNow® or RTP®
- Payments can be variable, based on utility usage, late fees, or discounts
This structure offers transparency for tenants and speed for landlords, reducing uncertainty and friction in the rent cycle.
Protect Payer Privacy with Alias-Based Payments
One of the most important features of TodayPayments.com’s rent solution is alias-based payment authorization. Renters can:
- Use a cell phone number or email address as a secure alias or moniker
- Authorize payment requests without revealing full financial account details
- Maintain privacy while complying with the landlord’s rent collection system
Landlords benefit from faster payments while renters maintain complete control over their personal banking information.
FedNow® and RTP® Make Rent Payment Truly Real-Time
Unlike traditional systems, these real-time networks ensure:
- Instant funds availability for landlords
- 24/7/365 payment processing, including weekends and holidays
- Automatic confirmation and receipts sent in real time to both parties
No more late-night check deposits, NSF fees, or multi-day settlement delays. The moment rent is approved, it’s deposited and available.
Support for Variable Recurring Rent Amounts
Every lease agreement is unique. Whether you charge:
- A fixed monthly rate
- Variable rent based on utilities, amenities, or month-to-month terms
- Or need to issue occasional credits or refunds
Our system supports flexible recurring billing cycles to match your rental terms. You can send monthly RfPs with updated amounts—automatically or manually—with full control over every transaction.
Ideal for Property Managers, Landlords, and HOAs
TodayPayments.com supports every rent collection scenario, including:
- Individual landlords with one or multiple tenants
- Property managers overseeing large apartment complexes
- Homeowners associations (HOAs) collecting dues and assessments
- Co-living, commercial rentals, and vacation properties
Real-time rent payments can scale with your property portfolio, from single units to entire communities.
Hosted Payment Pages and ISO 20022 RfP Integration
To streamline payment collection and improve tenant engagement, we provide:
- Branded hosted payment pages that can be accessed via text, email, or app
- ISO 20022-compliant Request for Payment (RfP) messaging with structured payment requests
- Seamless tenant experience with one-click payment authorization and instant receipts
This makes the payment process professional, secure, and easy to manage from both ends.
Accounting and Reconciliation Made Easy
We help landlords and managers simplify their financial operations with:
- Real-time rent payment reconciliation
- Dashboard views of paid, pending, or declined RfPs
- Integration with QuickBooks® Online (QBO) for automated bookkeeping
Say goodbye to spreadsheets, manual data entry, and missed payment tracking.
Real-Time Rent Payments Today
If you're ready to modernize your rent
collection and give your tenants a secure, real-time way to pay:
✅ Use FedNow® and RTP® for
instant rent payments
✅ Send secure RfPs for
variable debits or credits
✅ Collect payments 24/7
without handling sensitive financial data
Using TodayPayments.com for real-time
rent payments via RTP and FedNow can provide significant benefits
for landlords and lessors. Here’s how you can set this up and the
advantages it offers:
Setting Up Real-Time Rent Payments with TodayPayments.com
Steps to Implement:
- Choose TodayPayments.com:
- Select TodayPayments.com as your payment processor for handling real-time rent payments.
- Ensure it supports both RTP and FedNow for comprehensive real-time payment capabilities.
- Integration with Accounting
Systems:
- Integrate TodayPayments.com with your accounting software, such as QuickBooks Online (QBO) or QuickBooks Enterprise.
- Follow the provider’s instructions to ensure seamless synchronization of payment data.
- Configure Payment Options:
- Set up real-time rent payments through TodayPayments.com, allowing tenants to make instant payments via RTP or FedNow.
- Enable options for one-time payments and recurring rent payments, providing flexibility for tenants.
- Security Measures:
- Implement robust security protocols to protect transaction data and ensure compliance with industry standards.
- Use encrypted payment gateways and secure authentication methods.
- Customer Communication:
- Inform your tenants about the new real-time payment options, explaining the benefits and how they can make payments.
- Provide guidance and support for tenants to set up and manage their payments.
- Monitor and Optimize:
- Regularly review the performance of your real-time payment system.
- Make necessary adjustments to optimize efficiency and address any issues.
Benefits for Landlords and Lessors:
- Immediate Access to Funds:
- Rent payments are received and available instantly, improving cash flow and liquidity.
- Reduces reliance on credit and short-term borrowing.
- Enhanced Security:
- Advanced encryption and authentication methods protect against fraud and unauthorized transactions.
- Ensures the confidentiality and security of sensitive financial information.
- Operational Efficiency:
- Automation of payment processing and reconciliation reduces manual intervention and minimizes errors.
- Streamlines accounting processes, saving time and resources.
- Improved Cash Flow Management:
- Real-time visibility into rent payments allows for better financial planning and management.
- Facilitates accurate forecasting and budgeting.
- Tenant Satisfaction:
- Offering real-time payment options enhances tenant satisfaction and convenience.
- Immediate payment confirmations provide assurance to tenants.
- Reduced Costs:
- Lower transaction fees compared to traditional payment methods.
- Decreases administrative costs associated with processing delays and errors.
Example Use Cases:
- Residential Properties:
- Landlords of residential properties can offer tenants the convenience of real-time rent payments, improving tenant satisfaction and ensuring timely receipt of rent.
- Commercial Properties:
- Lessors of commercial properties can benefit from instant rent payments, enhancing cash flow management and reducing the risk of late payments.
- Property Management Companies:
- Property management companies can streamline their operations by automating rent collections and reconciliation, reducing administrative workload and improving efficiency.
Implementation Tips:
- Promote the Service:
- Actively promote the real-time payment option to tenants, highlighting the benefits of instant and secure payments.
- Use various communication channels such as emails, newsletters, and tenant portals.
- Provide Training and Support:
- Offer training sessions and support for tenants to help them set up and manage their real-time payments.
- Ensure your staff is knowledgeable about the system to assist tenants effectively.
- Monitor Performance:
- Regularly monitor the performance of the real-time payment system to ensure it meets your needs and addresses any issues promptly.
- Gather feedback from tenants to identify areas for improvement.
By using TodayPayments.com for real-time rent payments via RTP and FedNow, landlords and lessors can significantly enhance their rent collection processes, improve cash flow management, and provide a superior experience for their tenants.
Features & Benefits
FedNow instant payments has benefits for all parties involved in
Financial Transactions.
Benefits to your company include:
Money Transfer: Current limit of $1,000,000 ~ FedNow, $10,000,000 ~ RTP.
It's Final: All RTP and Instant Payments are Final & Irrevocable.
It's Fast: 24/7/365 access to funds anytime vs.
several days for paper checks or ACH transfers to process.
Request for Payments ( RfP ™): Mobile & Online Real-Time Bill Payments.
Software Integration: Integrate your A/R & A/P Management
or Enterprise software with us.
Message Detail: Full 145 characters available
using ISO 20022 messaging XML format.
Online Down Payments: Don't use inconvenient
and expensive Wires & Cashier's Checks.
Online Real-Time Reporting: Configured
Dashboard with Virtual Terminal login.
Reduced calls / emails in the "Purchasing Chain": All
parties to a instant payment transaction receive immediately
text & email messaging.
The
FedNow and RTP Systems enables Participants to initiate credit transfers,
receive final and irrevocable settlement for credit transfers,
and make available to Receivers funds associated with such
credit transfers in real-time, twenty-four (24) hours a day,
seven (7) days a week, fifty-two (52) weeks a year. All instant payments are "Credit
Push" instead of "Debit Pull."
Creation Request for Payment Bank File
Call us, the .csv and or .xml FedNow or 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) shows how to implement Create Real-Time Payments Request for Payment File up front delivering a 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 continues through a "Payment Hub", will be the RtP Hub will be The Clearing House, with messaging to the Debtor's (Payer's) bank.
... easily create Real-Time Payments RfP files. No risk. Test with your bank and delete "test" files before APPROVAL on your Bank's Online Payments Platform.
Today Payments is a leader in the evolution of immediate payments. We were years ahead of competitors recognizing the benefits of Same-Day ACH
and Real-Time Payments funding. Our business clients receive faster
availability of funds on deposited items and instant notification of
items presented for deposit all based on real-time activity.
Dedicated to providing superior customer service and
industry-leading technology.

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 .csv or .xml data for completed ISO 20022 file) fields, start at page 4, with "yellow" highlighting. $0.0 + No Support
2) We create .csv or .xml formatting files 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 Real-Time Rent Payments 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.
Each day, thousands of businesses around the country are turning their transactions into profit with real-time payment solutions like ours.
Contact Us for Real-time Payments processing