What is RTP® Payment Processing for Self-Employed Individuals?
How RfP Helps Sole Proprietors & New Businesses Accept Payments
Self-Employed RTP® Payment Processing – RfP for New Businesses & Bad Credit
A Payment Solution for Self-Employed Professionals & Startups
For self-employed professionals and new businesses—especially those with bad credit—getting access to a reliable payment processor can be difficult. Traditional merchant accounts require credit history, high processing fees, and lengthy approvals, leaving many freelancers, gig workers, and sole proprietors without proper financial solutions.
With RTP® Payment Processing and Request-for-Payment (RfP), self-employed individuals can:
✅ Accept instant payments without
requiring a traditional merchant account
✅ Send
invoices and Request-for-Payments (RfP) via email, text, or .html
Payment Page
✅ Receive payments through Credit
Cards, ACH, RTP®, and FedNow®
✅ Use ISO 20022
messaging for automated, structured transaction tracking
✅
Get paid faster without credit checks or underwriting delays
With TodayPayments, freelancers, gig workers, and small business owners can now access fast, secure, and real-time payments—without the financial barriers of traditional banking.
RTP® RfP vs. Traditional Merchant Accounts
RTP® (Real-Time Payments) Payment Processing is an ideal payment solution for self-employed professionals and startups who need:
✔ Instant payment processing
– Receive funds in seconds, 24/7/365
✔ Flexible
invoicing & Request-for-Payment (RfP) capabilities – Send
professional invoices with a built-in payment link
✔
No credit check required – New businesses and those with
bad credit can qualify
✔ A .html Payment Page
for easy customer checkout – Accept payments online seamlessly
✔ ISO 20022 messaging for structured, secure, and
automated transactions
By offering faster transactions and lower fees, RTP® payment processing helps small business owners and freelancers improve cash flow and eliminate payment delays.
How ask us::
"How self-employed businesses can use RTP®
for instant payments"
"Best payment processing for
freelancers, gig workers, and new businesses"
"ISO 20022
messaging for secure invoicing and payment tracking"
"How to accept RTP®, FedNow®, ACH, and Credit Card payments
without a Merchant account"
"Best way for sole
proprietors to get paid instantly with RTP® RfP"
Why Sole Proprietors & New Businesses Should Use RTP®
|
Feature |
RTP® RfP for Self-Employed & New Businesses |
Traditional Merchant Accounts |
|
Processing Speed |
Instant (24/7/365) |
ACH: 1-3 days, Credit Cards: 1-5 days |
|
Accepted Payment Methods |
RTP®, FedNow®, ACH, Credit Cards |
Requires a bank-approved merchant account |
|
Approval Requirements |
No credit check, no underwriting required |
Lengthy approval process with credit checks |
|
Transaction Fees |
Lower, transparent pricing |
Higher fees with interchange and processing costs |
|
Customer Payment Experience |
One-click .html Payment Page for seamless checkout |
Manual entry required via invoices or POS terminals |
|
Chargeback & Fraud Risk |
Minimized with verified, real-time transactions |
Higher risk due to delayed processing and reversibility |
Why Self-Employed Professionals Are
Switching to RTP® Payment Processing:
✔
No need for traditional merchant accounts or high-risk approvals
✔ Instant, low-cost transactions improve cash flow
✔ Automated invoicing and reconciliation saves time
How RTP® RfP Works for B2B, B2C, & C2B Transactions
Seamless Payment Collection for Freelancers, Contractors & Small Businesses
With TodayPayments' RTP® RfP integration, self-employed professionals and small businesses can send invoices and request payments instantly.
í ½í´¹ B2B Transactions:
Invoice and receive payments from corporate clients, vendors, and
partners.
í ½í´¹ B2C Transactions: Provide
instant checkout options for customers purchasing services online.
í ½í´¹ C2B Transactions: Allow clients to pay for
services, projects, and recurring subscriptions with their
preferred payment method.
How It Works:
✔
Step 1: Business owner sends a Request-for-Payment (RfP)
via email, SMS, or invoice
✔ Step 2:
The client clicks an .html Payment Page link hosted on the
Payee’s website
✔ Step 3: The client
selects their preferred payment method (RTP®, FedNow®, ACH,
Credit Card)
✔ Step 4: Payment is
processed instantly, and confirmation is sent to both parties
✔ Step 5: The transaction is automatically
reconciled in the Payee’s accounting system
This process eliminates invoicing delays and ensures seamless, automated payment processing.
Security & Compliance with ISO 20022 Messaging
How RTP® RfP Ensures Secure and Fraud-Proof Transactions
Unlike traditional credit card payments or manual invoicing, RTP® transactions are encrypted, verified, and compliant with global financial security standards.
✔ ISO 20022 Messaging –
Ensures structured, automated, and traceable transactions
✔ Automated Payment Reconciliation –
Eliminates manual accounting errors
✔
End-to-End Encryption – Protects against fraud, cyber threats,
and unauthorized access
✔ Regulatory Compliance
– Meets financial industry anti-fraud and security measures
✔ Final & Non-Reversible Transactions –
Reduces chargeback risks and payment disputes
With TodayPayments, freelancers and small businesses gain access to secure, real-time financial transactions, optimizing efficiency and reducing risks.
Upgrade to Self-Employed RTP® Payment Processing with TodayPayments
Traditional merchant accounts lock out self-employed individuals and businesses with bad credit—RTP® offers an alternative that is instant, secure, and accessible.
With
TodayPayments, freelancers, gig workers, and small business
owners can:
✔ Accept instant payments via
secure .html Payment Pages
✔ Receive money through
RTP®, FedNow®, ACH, and Credit Cards
✔ Skip credit
checks and avoid traditional merchant account requirements
✔ Automate invoicing and reduce chargeback risks
✔ Lower transaction costs while improving financial
security
í ½íº€ Take control of your payment processing—start using RTP® for self-employed payments today! í ½íº€
í ½í´— Start Accepting Payments Now
Creation Request for Payment Bank File
Enhance Your Self-employed FedNow using Real-Time Payments 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 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 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.
Contact Us for Request For Payment payment processing
