Aging RTP Real-Time Payments Request for Payments

Features and Benefits of Aging Real-time Payments RTP

Send Real-Time RfPs Across RTP® and FedNow®
Trigger real-time payment requests using ISO 20022 RfPs with embedded hosted payment pages. Customers can click and pay instantly—eliminating unpaid invoices and aging delays.

Alias-Based Merchant IDs for Every Customer Profile
Assign MIDs to email addresses or cell phone numbers for each payer, ensuring secure tracking without revealing sensitive account data.

Multi-Bank and Credit Union Compatibility
Enroll and consolidate your merchant accounts across multiple financial institutions in all 50 states—perfect for franchises, multi-entity brands, and growing startups.

QuickBooks® Online Integration for Instant AR Posting
Sync incoming payments with your accounting software to reflect updated aging buckets in real time. Your CFO, controller, or bookkeeper will love the transparency.

Hosted Payment Page for ISO 20022 Messaging
Every RfP includes a link to a custom branded hosted payment page, so customers can fulfill payment instantly from any device or location.

No Bank Visit Required
Apply, onboard, and begin processing payments online 24/7—no branch visits, no paperwork, and no traditional delays.

Why TodayPayments.com Is the Premier Choice for Real-Time AR

1. Manage aging receivables using real-time RfPs via FedNow® and RTP®
2. Assign alias-based MIDs for multiple payers across your customer list
3. Automate AR reconciliation with QuickBooks® QBO integration
4. Track receivables across all banks, accounts, and business divisions
5. Eliminate follow-ups by using instant RfPs with ISO 20022 support
6. Streamline accounting with real-time payment confirmations and audit trails
7. Enable payments via mobile, SMS, email, or text-to-pay channels

To support merchants and finance teams of all sizes, TodayPayments.com offers free downloadable templates, including:

• Aging Accounts Receivable Worksheet: Pre-built with 15, 30, 60, 90+ day tracking
• Bank Reconciliation Templates: Instantly match payments with deposits across batches
• ISO 20022 File Format Samples: Plug-and-play structures for batch uploads and RfP message testing

Creating an Aging "RTP" (Real-Time Payments) Request for Payments spreadsheet that allows payees to match, merge, and clear payments involves structuring the spreadsheet for collaboration. Below is a guide on how you can set up your spreadsheet:

Spreadsheet Structure:

1. Request/ Payment ID:

• Assign a unique identifier to each RTP and corresponding payments.

2. Vendor/Requester Name:

• Identify the entity or individual making the payment request.

3. Invoice Number:

• Unique identifier for each digital invoice or payment request.

4. Amount Requested:

• The total amount requested for payment.

5. Payment Amount:

• The actual payment amount.

6. Match Status:

• A column to indicate if the payment matches the request (e.g., Yes/No).

7. Merge Status:

• A column to indicate if multiple requests have been merged (e.g., Yes/No).

8. Clearance Status:

• A column to mark when the payment is cleared.

Spreadsheet Formulas:

1. Match Status Formula:

• Create a formula in the "Match Status" column to automatically determine if the payment matches the request. For example, =IF([Payment Amount]=[Amount Requested], "Yes", "No").

Data Validation:

1. Dropdown Lists:

• Implement dropdown lists for the "Match Status," "Merge Status," and "Clearance Status" columns. This ensures consistent and standardized input.

Conditional Formatting:

1. Color Coding:

• Apply conditional formatting to visually highlight matched, merged, and cleared payments.

Collaborative Features:

1. Sharing and Permissions:

• Share the spreadsheet with payees and grant appropriate permissions to edit relevant columns.

2. Comments and Notes:

• Encourage payees to use comments or notes to provide additional information about matching, merging, or clearing.

Workflow:

1. Integration with Payment Platform:

• If possible, explore integrations with your real-time payment platform to automatically update the spreadsheet.

2. Regular Review Meetings:

• Conduct regular meetings or check-ins between payers and payees to discuss and resolve any discrepancies or issues.

Example Structure:

Notes:

• Ensure that the payees are trained on how to use the spreadsheet and understand the matching, merging, and clearing criteria.
• Regularly update the spreadsheet with the latest information from both your real-time payment platform and payees.
• Security measures should be in place to protect sensitive financial information.

This collaborative spreadsheet approach allows payees to actively participate in the matching, merging, and clearing of Real-Time Payments Request for Payments within the Accounts Receivable context, promoting transparency and accountability in the process. Customize the structure based on the specific needs and processes of your organization.

Collect Faster and Smarter at TodayPayments.com

If your accounts receivables are still aging by the day, it’s time to modernize your cash flow.

✅ Use Request for Payments (RfPs) to collect in real time
✅ Track, reconcile, and settle instantly using RTP® and FedNow®
✅ Assign MIDs to aliases for secure, flexible payment processing
✅ Consolidate AR across multiple banks and business entities
✅ Sync all payments directly into QuickBooks® for audit-ready reports
✅ Go live without a bank visit—apply online in minutes

Get started today at https://www.TodayPayments.com
Aging Real-time Payments RTP – Real-Time RfPs That Keep Your Cash Flow Current.