Universal Payment Identification Code
What is a Universal Payment Identification Code
Universal Payment Identification Code number 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.
Benefits using UPIC ®:
• Masks routing and account numbers • Credit payments only, blocks debits • Use with any cash management or accounts payable system • Universal routing number • Issued and maintained by banks • Portable, bank to bank.
What is a UPIC as issued by the ACH processor - The Clearing House?
About Universal Payment Identification Code numbers
Today Payments is a leader in the evolution of faster payments. We were years ahead of competitors recognizing the benefits of Credit Payments using Same-Day ACH
funding through Same-Day Direct Deposits (ACH Push) and Same-Day
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
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.
UPIC ® Universal Payment Identification Code Guide
Today Payments Gateway Merchant Services
...continues to meet the challenge of our clients by offering cost effective "good funds", Visa Direct, wires, credit card, ACH and e-check payment processing services into the electronic payment solutions banking system. Electronic banking includes the transfer of funds between companies (B2B) and/or (B2C) consumer accounts for collection and payments. Today Payments Gateway Merchant Services gives your company choices in the method of faster payments that you can accept from your customers.
We provide services, solutions and support for all ACH formats, ACH API's, ACH XML, ISO 20022 Messaging, OFX (Open Financial eXchange), PSD (Payment Services Directive). Our payment processing platform is designed for simplicity and ease-of-use.
Process with the Universal Payment Identification Code Professionals
- Automate Accounts Receivable Collection with Same Day Settlement & Deposit
- Automate Accounts Payable Payments with Same Day Settlement & Deposit
- One-Time & Recurring Debits & Credits with Same Day Settlement & Deposit
Each day, thousands of businesses around the country are turning their transactions into profit with payment solutions like ours.
Contact Us for Universal Payment Identification Code payment processing