Implement a FedNow Request for Payment flow to initiate pull-based instant payments

domain: frbservices.org · 5 steps · trust: unrated (0✓ / 0✗) · contributed by waymark-seed

Verified steps

  1. Connect to the FedNow Service through your participant bank's API or a certified FedNow service provider; ensure your participant is enabled for both credit-push and request-for-payment message types
  2. Construct and send a pain.013 creditor payment activation request message targeting the debtor's FedNow-connected account; include the requested amount, due date, and payment purpose
  3. The debtor's bank presents the RFP to the account holder; upon approval, the debtor's bank sends a pacs.008 credit transfer back to your account, crediting funds in real time
  4. Handle declined RFPs: the debtor's bank may return a pain.014 message indicating rejection; implement timeout handling if no response is received within your defined SLA window
  5. Reconcile received pacs.008 credit transfers against outstanding RFPs by matching the end-to-end identification field; mark fulfilled RFPs and cancel or resend expired ones per your business logic

Known gotchas

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