Instant Sales Tax + FedNow® Payments for Real-Time Tax & Transaction Settlement
TodayPayments.com enables businesses to unify tax compliance and payment settlement using FedNow® Instant Payments—offering secure, real-time, alias-based invoicing with automated sales tax remittance and instant cash flow accuracy.
TodayPayments.com is a go-to platform for real-time financial operations, bringing together FedNow® instant payments and automated sales tax calculation. We help modern businesses send, receive, and account for every dollar with full IRS-grade compliance and no settlement delay.
Combine Tax Compliance and Real-Time Payment Certainty
In today’s fast-paced digital commerce
landscape, businesses need more than just fast payments—they need
full compliance. Instant Sales Tax with FedNow® empowers
merchants to automatically calculate, collect, and remit sales
tax alongside each real-time payment, ensuring financial
compliance and liquidity in a single transaction flow.
With FedNow®'s real-time settlement infrastructure, businesses now gain an end-to-end tax and transaction automation system—ideal for A2A, B2B, B2C, and C2B payments across all states and financial institutions.
Accelerate Cash Flow and Tax Compliance with FedNow®
Ask us How:
Instant Sales Tax Receive and Pay FedNow® enables businesses to instantly calculate, collect, and remit sales tax alongside secure FedNow® payments for real-time settlement across A2A, B2B, B2C, and C2B transactions. Whether you're processing subscriptions, eCommerce orders, or vendor payments, FedNow® makes it possible to apply taxes dynamically and settle instantly with Good Funds.
With ISO 20022 messaging, tax data can be embedded directly into FedNow® payment requests—allowing systems to process payments, reconcile ledgers, and record tax due per state, county, or city in real time. This capability simplifies monthly filing and minimizes human error.
Batch invoicing tools allow you to upload Excel, XML, or JSON files with built-in tax calculations, instantly sending Request for Payment messages through FedNow® rails. Businesses can then receive payments and associated tax funds in one secure, instant transaction—greatly reducing financial risk and administrative overhead.
For recurring or variable billing, alias-based FedNow® payments enable invoice delivery via email or text, allowing Payers to authorize payments while taxes are auto-applied in the background. TodayPayments.com makes this process frictionless, secure, and fully compliant.
FedNow® Core Parameters
- Payment Rail: FedNow® (U.S. Federal Reserve)
- Settlement Timing: Real-Time (typically <10 seconds)
- Transaction Types: A2A, B2B, B2C, C2B
- Message Format: ISO 20022
- File Formats: Excel, XML, JSON
- Batch Upload: Supported for B2B, C2B with certainty
- Tax Logic: Integrated jurisdiction-based sales tax calculation
- Identity: Alias-based (mobile, email, token ID)
- Request for Payment (RfP): Enabled with Good Funds
Attributes of FedNow® + Instant Sales Tax
- Automated tax rate lookup per transaction
- Alias-based Payee/Payer identification (email, mobile)
- Embedded tax fields within FedNow® payment metadata
- Automated sales tax remittance per jurisdiction
- ISO 20022 format with itemized tax classification
- Upload single or recurring batch billing for FedNow® + tax
Benefits to Businesses
- Combine sales tax and payment into one real-time process
- Meet state and federal compliance automatically
- Receive Good Funds with instant payment and tax included
- Reduce delays and chargebacks with FedNow® certainty
- Reconcile billing, payment, and tax instantly in QuickBooks or ERP
- Deploy scalable batch uploads and automated RfPs via API
Key Features
- Tax + Payment batch invoicing (Excel, XML, JSON)
- FedNow® Request for Payment (RfP) support for instant settlement
- Real-time sales tax lookup based on ZIP+4
- Automated remittance schedule by jurisdiction
- Audit-ready logs and ISO 20022 exportable data
- Mobile and text payment support with tax confirmation
Unlock real-time business growth with TodayPayments.com—your solution for merging sales tax automation with FedNow® payment settlement.
✅ Collect and remit tax as
part of the payment event
✅ Instantly
receive Good Funds with secure, final FedNow®
transfers
✅ Batch upload ISO 20022-ready
billing files
✅ Embed itemized tax and
invoice metadata
✅ Eliminate chargebacks,
delays, and compliance errors
✅ Serve A2A,
B2B, B2C, and C2B flows with one solution
Visit https://www.TodayPayments.com to activate Instant Sales Tax with FedNow® and get paid—with compliance built in.
Creation Request for Payment Bank File
Enhance Your Instant Sales Tax 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 "Your Website" - Hosted Payments Page 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 today and receive the .csv or .xml FedNow® or Request for Payment (RfP) file you need—all during your very first phone call! We guarantee that our comprehensive reports integrate flawlessly with your bank or credit union. As pioneers in recognizing the benefits of RequestForPayment.com, we have stayed years ahead of our competitors. Although we are not a bank, our role as an "Accounting System" within the Open Banking ecosystem enables us to work with billers to create effective RfP files that seamlessly upload to the biller's online banking platform. U.S. companies rely on our expertise to learn how to deliver the RfP message directly to their bank with precision.
Our advanced solution, Today Payments' ISO 20022 Payment Initiation (PAIN.013), demonstrates how to create a Real-Time Payments Request for Payment file that sends a clear message from the creditor (payee) to its bank. Most financial institutions support the import of messaging and batch files for both FedNow® and Real-Time Payments (RtP), ensuring smooth processing. Once the file is correctly uploaded, the creditor’s bank processes the payment through a secure "Payment Hub"—with The Clearing House serving as the RtP Hub—and relays the message to the debtor's (payer's) bank. This streamlined approach not only accelerates transaction processing but also enhances transparency and reliability for all parties involved.
... easily create Instant 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.
Contact Us for Instant Sales Tax payment processing pricing
