TodayPayments.com provides an on-demand real-time collection solution based on Request for Payment (RfP). The core workflow is that after a service is completed, goods are delivered, or an order is confirmed, the payee sends a payment request to the payer’s bank. Once the payer approves it, the payment is completed as a real-time credit push via RTP® or FedNow®. The service emphasizes “getting paid after delivery” and targets scenarios such as contractors, consultants, delivery services, B2B suppliers, platform merchants, POS, e-commerce, and MOTO.
In terms of payment methods, the page explicitly mentions FedNow®, RTP®, and RfP request-to-pay functionality, with initiation channels including QR codes, SMS, email, e-commerce checkout, mobile, POS, MOTO, and API. For settlement, once the payer approves the request, funds are immediately debited and cleared, allowing the payee to receive money within seconds, with 24/7 processing supported. At the messaging layer, it uses ISO 20022 and includes fields such as the payment request ID, amount, expiration time, invoice or order reference, and payer/payee information, which helps with automated reconciliation. The system also mentions confirmations and integrations via webhooks or QuickBooks Online.
The site includes a “Pricing” navigation item, but the main content does not disclose specific rates, transaction fees, monthly fees, or settlement costs, making it difficult to assess its actual price competitiveness. On compliance, the text highlights ISO 20022 and adherence to modern payment standards, but does not specify the company’s jurisdiction, payment licenses, banking partners, KYC/AML process, or regulatory oversight. These are key items that businesses should verify before formally integrating the service.
The advantages are real-time receipt of funds, strong payment finality, and no reliance on card networks under the credit push model, which in theory can significantly reduce chargeback and collection pressure. Structured RfP information also helps finance teams with reconciliation. The downside is limited disclosure: bank coverage, supported countries, merchant eligibility, API documentation, technical support, and pricing are all unclear. In addition, RfP requires the payer to actively approve the request; it is not an automatic debit, so payment certainty still depends on customer response.
This service is better suited to service providers, contractors, B2B companies, e-commerce businesses, and platforms operating within the U.S. real-time payments ecosystem that want to collect funds immediately after delivery or completion. The page does not provide information about access from China, so its status is unknown. For China-facing or cross-border collections, alternatives such as Stripe, Adyen, PayPal, Square, Dwolla, Bill.com, or banks’ own FedNow/RTP services should typically also be evaluated.
⚠ This review is compiled from public sources and does not constitute a purchase recommendation. Verify all facts on the vendor's official site. Verify on on-demandpayment.com official site.
on-demandpayment.com is an United States Payments provider. TG4G tracks its product information, an overall rating of 5.0/10, and a China-accessibility score of Limited (proxy recommended). Click "Visit Official Site" to reach on-demandpayment.com directly.