Bill Payment Exchange
What is Bill Payment Exchange
Bill Payment Exchange is an exciting new service brought about by the Faster Payments Initiative of the US Federal Reserve providing payments that are instant, final (irrevocable - "good funds") and secure. Real-Time Good Funds, is defined simply as: Irrevocable collected funds in a bank account and usable immediately by the owner of the account. Our "Good Funds" payment gateway allows for instant real-time digital B2B, C2B & B2C payments that are immediate, irrevocable, intra-bank and/or interbank account-to-account (A2A) transfers that utilize a real-time messaging system connected to every transaction participant through all U.S. based financial institutions. Funds are available for use by the receiver and real-time confirmation is provided to both you ("the sender") and receiver in seconds. Most Good Funds transactions are "Credit Push" versus "Debit Pull."
About Bill Payment Exchange
Today Payments is a leader in the evolution of instant real-time payments. We were years ahead of competitors recognizing the benefits of Real-Time ACH funding through Real-time Direct Deposits (ACH Push) and Real-time Direct Payments (ACH Pull). Our customers 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. Our platform with its tools / widgets help organizations of all sizes reduce transaction costs, mitigate risk and increase efficiencies. Our system ensures proper Authentication, Authorization, Verification, Settlement, Notifications and Postings.
Bill Pay Exchange
Instant Real-time Bill Payments ~ Sponsored by MasterCardHIGHLY RECOMMENDED!
All U.S. companies / billers should enroll
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Real-Time Invoicing
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Biller / Merchant Enrollment
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Real-Time Funding
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Instant Notification to all parties
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Accounting Software Integration
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CRM Integration
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Payment Choice: ACH, Card, RTP
What is: Bill Pay Exchange
Bill Pay Exchange is offered through banks and credit unions to enable consumers to use their computer or mobile banking app to easily set up all billers, receive notifications on payments due, view billing details and manage multiple accounts in one place, while also allowing customers to specify when and how much to pay various accounts. Processing for both B2B & C2B ~Process with the Bill Payment Exchange Professionals
- Automation of Accounts Receivable Collection with Real-Time Settlement & Deposit
- Automation of Accounts Payable Payments with Real-Time Settlement & Deposit
- One-Time & Recurring Debits & Credits with Real-Time Settlement & Deposit
Each day, thousands of businesses around the country are turning their transactions into profit with real-time payment solutions like ours.
Want to know more about Bill Payment Exchange payment processing?