What is RTP® Surcharging in QuickBooks® QBO?

Eliminating Merchant Processing Costs with a Payer-Paid Model

Today Payments is an Authorized Developer of Intuit offering a highly robust app that supports both QuickBooks’ desktop and online customers, provide merchants with the tools they need so they can focus more time on their customers and businesses, and less time on data entry.

RTP® Surcharging Integration in QuickBooks® QBO – Payer-Paid Processing Fees for Instant Payments

The Future of Cost-Free Payment Processing in QuickBooks®

Businesses face significant costs when processing payments, whether using credit cards, ACH, or traditional banking transfers. For those using QuickBooks® QBO for invoicing, MOTO (Mail Order/Telephone Order) transactions, and Auto-Bill Pay, these fees add up, cutting into profitability.

Common pain points include:

  • High merchant processing fees on digital transactions
  • Long settlement times with traditional ACH transfers
  • Increased operational costs due to manual reconciliation

With RTP® (Real-Time Payments) Surcharging, integrated into QuickBooks® QBO, businesses can:

✅ Pass transaction fees to the payer (customer/client) for cost-free processing
✅ Accept RTP® and Same-Day ACH payments directly in QuickBooks® invoices
✅ Enable MOTO, Auto-Bill Pay, and Invoicing with instant settlement
✅ Ensure full compliance with Federal & State surcharging regulations
✅ Automate reconciliation with ISO 20022 structured messaging

With TodayPayments, QuickBooks® users can now accept RTP® payments instantly while shifting transaction costs to the payer.


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QuickBooks® ACH, Cards, FedNow and Real-Time Payments

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  • ~ Automate Account Receivable Collection
  • ~ Automate Account Payable Payments
  • ~ One-time and Recurring Debits / Credits

Secure QB Plugin payment processing through QuickBooks ® specializes in the origination of moving money electronically.

RTP® Surcharging vs. Traditional Payment Processing

RTP® Surcharging is a compliant payment model that allows merchants to transfer processing costs to the payer (customer), reducing expenses while enabling real-time transactions.

✔ The Payee (merchant/business) applies an RTP® surcharge – a transparent fee added to the invoice.
✔ The Payer (customer/client) covers the processing cost during checkout.
✔ Funds settle instantly, ensuring seamless cash flow and real-time accounting.
✔ Applies to Invoicing, MOTO, Auto-Bill Pay, and business-to-business (B2B) payments.

Why Businesses Are Implementing RTP® Surcharge Integration in QuickBooks® QBO:
 ✔ Eliminates merchant processing fees, boosting profitability
✔ Reduces payment processing delays with real-time settlements
✔ Automates accounting workflows, reducing reconciliation time

RTP® Surcharging vs. Traditional Payment Processing

Why Businesses Are Switching to Real-Time Payment Surcharging

Feature

RTP® Surcharge Model in QuickBooks® QBO

Traditional Payment Processing

Processing Speed

Instant (24/7/365) RTP® & Same-Day ACH

ACH: 1-3 days, Credit Cards: 1-5 days

Merchant Processing Fees

Paid by Payer (Customer/Client)

Absorbed by Merchant

Bank Reconciliation

Automated via ISO 20022 Messaging

Manual reconciliation required

Chargeback & Fraud Risk

Low (RTP® payments are final and irrevocable)

Higher risk with credit card chargebacks

Customer Payment Experience

Transparent pricing with a disclosed surcharge

Hidden fees reducing merchant profits

 

Why QuickBooks® Users Are Switching to RTP® Surcharging:
✔ Faster, cost-efficient payments improve business cash flow
✔ Lower transaction fees compared to credit card processing
✔ Seamless integration into QuickBooks® for automated reconciliation

How RTP® Surcharging Works in QuickBooks® QBO for Invoicing, MOTO & Auto-Bill Pay

Seamless Integration Across Multiple Payment Channels</h2>

With TodayPayments' RTP® integration in QuickBooks®, businesses can:

🔹 Send Invoices: Generate QuickBooks® QBO invoices with an embedded RTP® surcharge for cost-free processing.
🔹 Process MOTO Transactions: Accept payments over the phone while passing fees to the payer.
🔹 Automate Auto-Bill Pay: Set up recurring RTP® payments while ensuring payers cover processing fees.

How It Works in QuickBooks®:
✔ Step 1: Generate an invoice in QuickBooks® QBO with an RTP® surcharge automatically added.
✔ Step 2: The customer selects RTP® or Same-Day ACH as the payment method and acknowledges the surcharge.
✔ Step 3: The transaction is processed instantly, without delay.
✔ Step 4: Funds are settled immediately, and QuickBooks® QBO automatically reconciles the payment.

Businesses can now accept instant payments without hidden processing costs, while ensuring automated accounting and compliance with federal regulations.

Ask us how:

"How to integrate RTP® Surcharge into QuickBooks® QBO invoices"
"Best surcharge model for invoicing, MOTO, and Auto-Bill Pay with RTP®"
"ISO 20022 messaging for automated payment reconciliation in QuickBooks®"
"How to eliminate merchant processing fees using RTP® Surcharging in QBO"
"Legal and regulatory compliance for RTP® payment surcharges in the U.S."

Compliance with Federal & State Regulations on RTP® Surcharging

Ensuring Transparency & Legal Compliance

RTP® surcharging is fully compliant with U.S. Federal Reserve guidelines, provided businesses clearly disclose surcharges and adhere to applicable state laws.

🔹 No Federal Prohibition on RTP® Surcharging: Unlike credit card surcharges, RTP® is a direct A2A transfer with no interchange fee restrictions.
🔹 Compliant in All 50 States: RTP® payments qualify as an alternative cash discount program, ensuring full compliance across jurisdictions.
🔹 ISO 20022 Structured Messaging: Enables businesses to document and disclose payment surcharges in a legally acceptable format.

Best Practices for RTP® Surcharge Implementation in QuickBooks®:
✔ Clearly disclose surcharges before processing payments
✔ Ensure all invoices specify the RTP® surcharge amount
✔ Utilize ISO 20022 messaging to maintain structured, transparent transaction records

Upgrade QuickBooks® QBO with RTP® Surcharging via TodayPayments

For QuickBooks® users looking to reduce operational costs, eliminate payment processing fees, and improve cash flow, RTP® Surcharging is the ultimate solution.

With TodayPayments, QuickBooks® users can:
✔ Accept RTP® & Same-Day ACH payments instantly with zero processing fees
✔ Implement payer-covered processing fees for invoices, MOTO, and Auto-Bill Pay
✔ Automate reconciliation with structured ISO 20022 messaging
✔ Minimize chargeback risks and optimize financial transparency
✔ Enhance cash flow while ensuring compliance with state and federal regulations

🚀 Take control of your payment processing—integrate RTP® Surcharging into QuickBooks® QBO today! 🚀

🔗 Start Accepting RTP® Surcharge Payments Now

Request for Payment

Creation Request for Payment Bank File

Enhance Your FedNow Surcharging using QuickBooks QBO, 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 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, the .csv and or .xml Request for Payment (RfP) file you need while on your 1st phone call! We guarantee our reports work to your Bank and Credit Union. We were years ahead of competitors recognizing the benefits of RequestForPayment.com. We are not a Bank. Our function as a role as an "Accounting System" in Open Banking with Real-Time Payments to work with Billers to create the Request for Payment to upload the Biller's Bank online platform. U.S. Companies need help to learn the RfP message delivering their bank. Today Payments' ISO 20022 Payment Initiation (PAIN .013) show how to implement Create Real-Time Payments Request for Payment File up front delivering message from the Creditor (Payee) to it's bank. Most banks (FIs) will deliver the message Import and Batch files for their company depositors for both FedNow and Real-Time Payments (RtP). Once uploaded correctly, the Creditor's (Payee's) bank continuing through a "Payment Hub", will be the RtP Hub will be The Clearing House, with messaging to the Debtor's (Payer's) bank.

Our in-house QuickBooks payments experts are standing ready to help you make an informed decision to move your company's payment processing forward.

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