Real-Time Wires

How Real-Time Wires Work Through Payee Dashboards

Real-time wire transactions begin by uploading a Request for Payment file into your secure dashboard.

Each RfP file follows ISO 20022 formats such as pain.013 or pain.001 and contains payer alias, amount, payment reference, and settlement instructions. Once submitted, the payment is processed through FedNow® or RTP®—whichever network is available and preferred.

As soon as the payer completes the request, the funds are settled and confirmed in seconds. You can then download full Excel reports showing transaction details, timestamps, and good funds verification—all from your dashboard.

Use Cases: B2B, B2C, and C2B Real-Time Transfers

Real-time wires benefit businesses of all types, from high-volume suppliers to service-driven brands.

• B2B: Send vendor payments, supplier invoices, or bulk payouts across states and financial institutions
• B2C: Distribute refunds, loyalty rewards, or service credits to customers in real time
• C2B: Enable your customers to pay invoices or bills instantly through hosted RfP links, embedded in emails or SMS

Whether it’s a one-time transaction or a scheduled recurring wire, the flexibility of real-time payments ensures delivery, speed, and accountability—all without delays or physical interaction.

Real-Time Wire Transfers for Instant Payments with 24/7 Certainty for B2B and C2B Transactions

Implementing real-time wire transfers for instant payments with 24/7 certainty can significantly enhance your business's payment processes. This system is beneficial for both one-time and recurring payments, providing immediate and secure transactions. Here's a detailed guide on how to set up and leverage this capability:

Steps to Implement Real-Time Wire Transfers:

1. Set Up with SecureQBPlugin.com:
   • Visit SecureQBPlugin.com and create an account.
   • Configure your account settings to integrate with QuickBooks Online (QBO) and QuickBooks Enterprise.
2. Install the SecureQBPlugin:
   • Download and install the SecureQBPlugin for your QuickBooks version.
   • Follow the installation guide provided by SecureQBPlugin to ensure proper setup and connectivity with QuickBooks.
3. Link Your Bank Account:
   • Ensure your bank supports real-time wire services like FedWire, FedNow, and RTP.
   • Link your business bank account to SecureQBPlugin to facilitate real-time wire transfers.
4. Enable Real-Time Payment Options:
   • In the SecureQBPlugin settings, enable real-time payment options such as FedWire, FedNow, and RTP.
   • Configure your system to handle 24/7 payment processing for continuous service.
5. Set Up One-Time and Recurring Payments:
   • Configure QuickBooks to handle both one-time and recurring payments.
   • For recurring payments, set up schedules within QuickBooks to automate the process.

Benefits of Real-Time Wire Transfers:

1. Immediate Payment Confirmation:
   • Real-time wire transfers provide instant confirmation, ensuring that funds are transferred immediately and securely.
2. Continuous Availability:
   • With 24/7 availability, businesses and consumers can make and receive payments at any time, enhancing convenience and flexibility.
3. Enhanced Security:
   • Real-time payments via FedWire, FedNow, and RTP include advanced security measures, reducing the risk of fraud and unauthorized transactions.
4. Improved Cash Flow:
   • Immediate access to funds improves liquidity for businesses, enabling better cash flow management.
5. Automated Reconciliation:
   • Payments are automatically recorded and reconciled in QuickBooks, reducing manual data entry and errors.

Example Use Cases:

1. B2B Transactions:
   • Supplier Payments: Businesses can use real-time wire transfers to pay suppliers and vendors instantly, ensuring timely payments and improving supplier relationships.
   • Service Fees: Professional services firms can receive payments for their services immediately upon invoice approval.
2. C2B Payments:
   • Retail Purchases: Customers can use real-time wire transfers for online or in-store purchases, enhancing the purchasing experience.
   • Utility Bills: Utility companies can offer real-time bill payment options, reducing late payments and improving customer satisfaction.
3. Recurring Payments:
   • Subscription Services: Businesses offering subscription services can set up recurring real-time payments, ensuring timely and convenient payment collection.
   • Lease Payments: Real estate firms can use recurring real-time payments for rent and lease payments, improving cash flow and tenant satisfaction.

Using Real-Time Wire Transfers in QuickBooks with SecureQBPlugin:

1. Create an Invoice:
   • In QuickBooks Online or QuickBooks Enterprise, create an invoice as usual and select the real-time payment option provided by SecureQBPlugin.
2. Send a Payment Request (RfP):
   • Use QuickBooks to send the invoice to the customer with instructions for making a real-time payment via FedWire, FedNow, or RTP through SecureQBPlugin.
3. Receive Payment:
   • Once the customer makes the payment, funds are transferred instantly to your account.
   • QuickBooks will automatically update the invoice status to paid and reconcile the transaction.
4. Set Up Recurring Payments:
   • In QuickBooks, set up recurring invoices for customers with regular payment schedules.
   • SecureQBPlugin will handle the real-time processing of these payments according to the schedule.
5. Monitor Transactions:
   • Use the SecureQBPlugin dashboard to monitor all real-time payment transactions and ensure they are accurately recorded and reconciled in QuickBooks.

Ensuring 24/7 Certainty:

• Bank Support:
  • Ensure your bank supports 24/7 real-time payment processing and confirm any specific requirements or configurations needed.
• System Configuration:
  • Set up SecureQBPlugin and QuickBooks to handle transactions at all times, including outside regular business hours.
• Customer Communication:
  • Inform customers about the availability of 24/7 real-time payments and provide clear instructions on how to use this feature.

By integrating real-time wire transfers with FedWire, FedNow, and RTP through SecureQBPlugin.com and connecting these capabilities with QuickBooks Online and QuickBooks Enterprise, businesses can enhance their payment processes, ensure immediate and secure transactions, and provide 24/7 availability to their customers. This setup not only improves cash flow but also enhances customer satisfaction and operational efficiency.

Skip the Bank. Wire in Real Time at TodayPayments.com

Why wait days—or even hours—for traditional wire transfers?

✅ Send and receive real-time wires 24/7 using FedNow® and RTP®
✅ Upload RfPs through our secure dashboard with no manual steps
✅ Complete payments instantly for B2B, B2C, and C2B workflows
✅ Track all transactions in Excel and sync with your accounting software
✅ Alias-based payment mapping with no paperwork required
✅ Fully online onboarding—no setup fees, no bank visit

Start sending real-time wires today at https://www.TodayPayments.com
Real-time Wires – Always Online, Always Instant, Always Secure.