
Good Funds & Wire Solutions
Online integrated Origination, Sending, Receiving and Recordation of all Good Funds Transfers.
"All participants receive real-time electronic notifications. Use our online Payment Gateway interface or integrate your in-house system with our API"
Credit Card Processing
Retail Face-to-Face
Mail Order Telephone Order
eCommerce Internet Sales
eMail Invoicing
Good Funds refer to immediately available,
cleared funds that a recipient can access without delays, holds,
or risk of reversal. Unlike pending transactions that require
processing time, Good Funds ensure that once a payment is made, it
is final, secure, and fully settled. This eliminates the
risk of insufficient funds (NSF), chargebacks, or payment
failures, making it an essential component for
business-to-business (B2B) transactions, payroll, real estate
settlements, and financial institutions. Traditionally, Good
Funds were associated with wire transfers and cashier’s checks,
but modern real-time payment systems like FedNow® and RTP®
(Real-Time Payments) have revolutionized the process by
enabling instant Good Funds transactions 24/7/365. With the introduction of FedNow®
(Federal Reserve) and RTP® (The Clearing House), businesses and
consumers can now send and receive Good Funds payments instantly,
bypassing traditional banking cutoffs and settlement delays.
Unlike ACH transfers, which can take 1–3 business days,
or credit card payments that involve interchange fees and
chargeback risks, Good Funds transactions through
real-time payment networks are irreversible,
fraud-resistant, and cost-effective. This makes them ideal
for high-value payments, vendor transactions, and industries
requiring guaranteed fund availability. As businesses shift
towards faster, more secure digital payment solutions,
Good Funds processing with real-time payments is becoming the
new standard for financial transactions. Good Funds Payment Processing refers
to instant, real-time payments where the recipient has
immediate access to cleared funds without delays, reversals,
or settlement risks. With FedNow® and RTP® (Real-Time Payments),
businesses can send and receive Good Funds payments 24/7/365,
eliminating waiting periods associated with ACH, wire
transfers, and credit cards. Both FedNow® (by the Federal Reserve)
and RTP® (by The Clearing House) offer Good Funds
processing, meaning once a transaction is completed, the
funds are instantly available, secure, and final. Benefits of Good Funds Payment
Processing with FedNow® & RTP® ✅ 1. Instant Settlement &
24/7 Availability ✅ 2. Secure, Final
Transactions (No Chargebacks or Reversals) ✅ 3. Lower Transaction
Costs vs. Credit Cards & Wires ✅ 4. Improved Cash Flow &
Liquidity ✅ 5. Best for High-Value &
Recurring Transactions FedNow® vs. RTP® for Good Funds
Payment Processing Feature FedNow® Real-Time Payments RTP® (Real-Time Payments) Operator Federal Reserve The Clearing House Network Accessibility Open to all U.S. banks & credit
unions Limited to TCH network banks Transaction Limits Up to $500K per transaction
(bank-dependent) Up to $1M per transaction Settlement Finality Immediate & irreversible Immediate & irreversible Best For Small & mid-sized businesses,
payroll, B2B Larger banks, high-value B2B
transactions Which One Should You Choose? ✅ Use FedNow® if you need
real-time payments accessible at any U.S. financial
institution. Good Funds Payment
Processing vs. Legacy Payment Methods Feature Good Funds (FedNow® & RTP®) ACH Transfers Wire Transfers Credit Card Payments Speed Instant (seconds) 1–3 business days Same-day (cutoff restrictions) 1–3 business days Availability 24/7/365 Business hours only Business hours only Business hours only Transaction Fees Lower than wires & credit cards Low, but slower High ($15–$50 per transfer) 2.5%–3.5% + fees Settlement Finality Immediate & irreversible Can be reversed Final Can be disputed Best For B2B, payroll, supplier payments,
online transactions Recurring batch payments Large, one-time international
transactions Consumer transactions Who Should Use Good Funds Payment
Processing? 📌 B2B & Enterprise
Payments – Eliminate ACH and wire delays for faster
supplier payments. How to Get Started with Good Funds
Payment Processing 🔹 Check with Your Bank or
Payment Processor – Ensure your financial institution
supports FedNow®, RTP®, or both. 🚀 Upgrade your business
payments with FedNow® & RTP® today! Contact
us to enable real-time transactions and
optimize financial operations. Your Choice ~ Integrate your software system with us (e.g. Real Estate / eCommerce / Accounting / Billing / CRM / Invoicing or, send us your API and we'll integrate with YOU! Since inception, GFGMS has focused on providing maximum value to our customers by expanding the technological capabilities of core payment infrastructures. Through these developments, we have been able to help our clients reduce their operating costs, increase cash flow and maximize their resources. As the payment industry evolves, GFGMS is committed to providing leadership and solutions that leverage emerging technologies. Through these innovations, we fulfill our company’s primary objective: to provide our clients with the services and tools they need to succeed.
100% Secure Payment Processing
Good Funds Gateway Merchant Services
Stop Going to the Post Office to Mail Checks! We offer a wide variety of payment processing solutions to fit any size business. By telling us (give us a call toll-free or send us an email) the type of payment service you’re looking for, you’ll help us guide you to the solution that best matches your business needs today as well as your future needs. Good Funds Payment Processing: FedNow® & RTP® Real-Time Payments
What are Good Funds?
✅ Use RTP® if your bank is
part of The Clearing House and you require higher transaction
limits.
✅ Use an interoperable payment
processor if you want access to both networks.
📌 Payroll &
Contractor Payments – Pay employees and freelancers
instantly, with no bank cut-offs.
📌
E-commerce & Online Businesses – Accept real-time
payments without credit card fees.
📌
Intercompany Transfers – Move funds between business
accounts instantly, with low transaction costs.
📌 Financial Institutions & Payment Processors –
Expand real-time payment offerings to customers.
🔹
Compare Pricing & Transaction Fees – Use a real-time
payment calculator to see potential cost savings.
🔹 Set Up a Real-Time Payment-Enabled Business Account
– Work with your bank to activate FedNow® or RTP® for instant
transactions.
🔹 Integrate with ERP &
Accounting Systems – Use QuickBooks®, NetSuite, SAP,
or other financial tools for automation.
🔹
Train Your Team – Educate employees on how Good Funds
Payment Processing improves transaction efficiency.
Value through Innovation
Good Funds Gateway Advantages
Form 1099 Generation
Online "Credit-Push" Payment Solutions for "Pay-0uts" (Accounts Payable)
Eliminate Paper Checks
Eliminate customer service calls
Payment Processing Method Selection
Eliminate waiting for checks to "clear"
Payment Reconciliation
Reduce Accounting Time and Expenses
...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.
Good Funds Payment Processing
Our Advantages
Low Rates and Fast Funding
Rate Quote
and faster funding than other providers
Call us for more promises!
Works with QuickBooks® Versions above 2007
Payment Option Variety
Accept Credit Cards, ACH (eCheck) & Paper Check Transactions
A Single System
Shorten time to Payment
Customer Vault
Good Funds News
- Complete Guide to Real-Time Payments
November 2019
- Are all Real-Time Payments "Good Funds"?
November 2018
- Visa's Business Payments Network
October 2018
- US Federal Reserve: Instant Real-Time Payments Settlement
May 2018
- Zelle: B2C Business Payments To Consumers
- Zelle Business Payments Good Funds
February 2017
- The Clearing House "RTP" Real Time Payments
March 2017
- Business Real Time Payments
April 2017
- Businesses Will Switch Banks For Real-Time Payments
May 2017
- SWIFT: Cross-Border Payments
June 2017
- SWIFT: Instant Payments
- PSD - Payment Service Directive
September 2017
- Federal Reserve System - Strategies Improving US Payment System Part 2
October 2017
- ACH API (Application Program Interface)
January 2016
- Blue Chip Banks Opt for R3 Over SWIFT
February 2016
- Real Time Payment System in United States
March 2016
- Secure Exchange Launches Real-Time P2P Payments with Bank of America, U.S. Bank
May 2016
- Bluzelle Launches Real-Time P2P Payments
June 2016
- SWIFT SameDay Cross-Border ACH
July 2016
- FedPaymentsImprovements.org "Remittance Coalition" accepts Good Funds Gateway
August 2016
- MasterCard & VISA join SecureExchange
- FiServ joins SecureExchange
- Visa Direct Real-time Network
- Zelle P2P Funds Transfer Network
- US Department of the Treasury Good Funds Wires
- clearXchange Becomes Zelle
October 2016
- Zelle Business Payments
- Zelle Pay
November 2016
- Zelling
- Real-Time ACH Payments
February 2014
- Federal Reserve System - Availability of Funds and Collection of Checks: Proposed Rule
January 2015
- Federal Reserve System - Strategies Improving US Payment System Part 1
March 2015
- The Road to Faster Payments: A Banker's Guide
May 2015
- NACHA Membership Approves Same-Day ACH
- MasterCard launches "MasterCard Send"
- Federal Reserve Board requests public comment on enhancements to same-day ACH service
- Real-time Good Funds Network
June 2015
clearXchange Debuts Real-Time Payments
July 2015
- Consumer Financial Protection Bureau (CFPB) advocates for and supports Same Day ACH
- Faster Payments Strategy Leader
September 2015
- Fed Approves Enhancements to Same-Day ACH Service
- Federal Reserve Support of the NACHA Rule Ensures Same Day ACH Ubiquity
October 2015
- U.S. Banks Unite to Form Industry Leading Secure Real-Time Payments Network
November 2015
- Real-Time Deposit of Business Payment Transactions
Real-time ACH vs Wires in Real Estate Transactions
FedWire Funds Service: Real-Time Payments
Bank of International Settements: Real-Time Payments
Availability of Funds and Collection of Checks Proposed Rule
Bank Of International Settlements
Difference Between Remotely Created Checks and ACH
European Central Bank Payment Finality
Evaluation of Finality of Payment Rules
Federal Reserve Remotely Created Checks
Federal Trade Commission - Telemarketing Sale Rule - Final Rule
Guide to US Anti-Money Laundering
International Wire Quick Reference
International Wire Via Fed Wire
Payment Finality And Discharge In Funds Transfers
Remotely Created Checks
Regulation CC
Regulation E - Electronic Funds Transfer Act
Regulation X - Real Estate Settlement Procedures Act
RESPA - CFPB Consumer Laws Regulations
ACH Standard Entry Class Codes
Strategies Improving US Payment System (part 1)
Strategies Improving US Payment System (part 2)
Trust Funds
US Anti-Money Laundering Requirements Guide
Real-Time ACH Payments
Good Funds Wires - Whitepaper
Real-Time Payments via The Clearing House
Faster Payments Task Force Final Report (part 2)
Federal Reserve System - Availability of Funds and Collection of Checks: Proposed Rule
Federal Reserve - Faster Payments Initiative
Federal Reserve Banks
NACHA - National Automated Clearing House Association
Secure Exchange - Good Funds Network
ISO 20022 Real Time Payments
Real Time Payments - The Clearing House
Real Time Payments using Block Chain and Distributed Database
Funds Automatically Deposited in your Existing Bank Account.
Perform the following types of transactions with ease:
Feel free to contact us
Process with the 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.
Good Funds Gateway Merchant Services® gives your company choices in the method of payment that you can accept from your customers.
We support ACH formats, including ARC (Accounts Receivable Check Conversion), BOC (Back Office Conversion), PPD, CCD, TEL, RCK, POP, WEB, Multiple Batch and Import options. See ACH format definitions.
Our software is designed for simplicity and ease-of-use.