FedNow
Instant payments from the Federal Reserve
Send and receive real‑time credit transfers 24/7/365 with immediate funds availability at participating banks and credit unions.
Always on
Settle payments in seconds—nights, weekends, and federal holidays included.
Immediate availability
Funds must be made available to the recipient immediately after settlement.
Request for payment
Send Request‑for‑Payment (RFP) messages to collect funds with context and reduce reconciliation work.
Growing participation
Reach counterparties at participating banks and credit unions; participation is expanding.
Flexible and reliable
Instant settlement when timing matters
Use FedNow when payments can’t wait: off‑cycle disbursements, after‑hours treasury moves, just‑in‑time payouts, and instant verifications. It complements ACH for batch flows and wires for high‑value, desk‑managed transfers.
fednow funds flow
await increase.fednowTransfers.create({
  account_id: "account_in71c4amph0vgo2qllky",
  account_number: "987654321",
  routing_number: "101050001",
  amount: 1000,
  creditor_name: "Ian Crease",
  unstructured_remittance_information: "Invoice 29582"
});
Use cases
Bill pay
Collect with RFP and post funds instantly.
Instant payouts
Disburse earnings, refunds, and claims in seconds—24/7/365.
Treasury & cash management
Move cash after hours without waiting for the next Fed window.
Account‑to‑account
Enable instant wallet top‑ups and account funding with rich remittance data.
Bare-metal APIs
Every detail directly from The Federal Reserve
Raw rejection details
rejection
Instantly receive detailed rejection codes and notes to help you understand the specific reason for a failed payment.
Transaction identification
unique_end_to_end_transaction_reference
Immediately receive a unique transfer identifier from the Federal Reserve to confirm a payment was sent.
Source account number
debtor_account_number
Instantly verify the account ownership of a third party by checking the account number in a received transfer.
FedNow for developers
Send a FedNow Payment
Check bank support
await increase.fednowTransfers.create({
  account_id: "account_in71c4amph0vgo2qllky",
  account_number: "987654321",
  routing_number: "101050001",
  amount: 1000,
  creditor_name: "Ian Crease",
  unstructured_remittance_information: "Invoice 29582"
});
Payments are instantly available in the receiver's account. Payments move instantly from customer to vendor.
Support is broadening across banks.
Specify remittance information.
Errors happen right away, or not at all.
Banking for builders
Everything you need and nothing you don't
Direct connections to the networks for money movement. Bank accounts that open instantly. Unopinionated building blocks that don't force you into legacy patterns.
ACH Payments
Originate ACH credits and debits, validate account numbers with pre-notifications and store commonly accessed details.
Learn more
Bank Accounts
Flexible account constructs with unlimited account numbers.
Learn more
Cards
Issue custom cards to your customers. Approve authorizations in real-time and configure your own limits.
Learn more
Checks
Send branded checks anywhere in the world with one API call. Or deposit checks via API or the dashboard.
Learn more
Wires
The original instantaneous money transfer. Send money anywhere, anytime Fedwire is open.
Learn more
Real-Time Payments
Transmit money to accounts at most major banks in seconds, not days.
Learn more
FedNow
The Federal Reserve’s newest payment method. Quickly move money 24/7/365 with any participating bank.
Learn more
Read our documentation
Learn more
Increase is not a bank. Banking products and services are offered by Grasshopper Bank, N.A., Member FDIC and First Internet Bank of Indiana, Member FDIC. Cards Issued by First Internet Bank of Indiana, pursuant to a license from Visa Inc. Deposits are insured by the FDIC up to the maximum allowed by law through Grasshopper Bank, N.A., Member FDIC and First Internet Bank of Indiana, Member FDIC. FDIC deposit insurance only covers the failure of the FDIC insured bank.