"Good Funds" Payment Solutions


Good Funds Wallet

"Good Funds Gateway"


Gone are the days of waiting days for your funds. Sell Today & Get Paid Today. Companies, like yours, are demanding more functionality and better results from their payment systems and we have designed, manufactured and aggregated to create unforgettable experiences. Our passion is helping design and build solutions that strike the perfect balance between business, their customers and technology.

Good Funds, is defined simply as: Collected funds in a bank account and usable instantly by the owner of the account. Our "Good Funds" payment gateway allows for real-time digital payments that are instant, irrevocable, intra-bank and/or interbank account-to-account (A2A) transfers that utilize a real-time messaging system connected to every transaction participant through all U.S.-based financial institutions. Funds are available for use by the receiver and real-time confirmation is provided to both you ("the sender") and receiver in seconds. Most Good Funds transactions are "Credit Push" versus "Debit Pull." Some terminology is necessary to follow a funds transfer under Article 4A. A "sender" is any person or entity who sends a "payment order." The first sender is the originator, and subsequent senders are banks participating in the transfer. A sender communicates a "payment order" to a "receiving bank." Receiving banks become senders if they forward "payment orders" to other banks. The last bank in the communications chain is the beneficiary's bank, and it can never be a sender with respect to the specific funds transfer. The "beneficiary" is the entity that the sender intends to pay. A "payment order" is simply the form of communication that the parties to a funds transfer agree to use. The payment order's salient characteristics are that it calls for an unconditional payment of money from the sender to the beneficiary and that it is transmitted to a receiving bank. [See UCC Article 4A]

Evaluation Of Finality of Payment Rules
Thus, while "discharge" is concerned with the payer-payee relationship, "final payment" is a matter between the payee and a bank; the latter concept is required to express cash equivalency Payment Finality and Discharge in Funds Transfers

Good Funds UCC Article 4A Evolution
National Settlement Service The Federal Reserve Banks provide the National Settlement Service (NSS), which allows participants in private-sector clearing arrangements to exchange and settle transactions on a multilateral basis through designated master accounts held at the Federal Reserve Banks. NSS provides an automated mechanism for submitting settlement files to the Federal Reserve Banks and reduces settlement risk to participants by granting settlement finality on settlement day.

Are FedNow & The Clearing House Real-Time Payments Good Funds?

In a business-to-business context, both FedNow and RTP offered by The Clearing House (TCH) is a credit “push” system. Payments are pushed from the bank account of the business making the payment to the bank account of the company receiving it. In between, both platforms support the financial institution’s customer-facing systems for services like bill payment, cash management, peer-to-peer (P2P) payments, and emergency disbursements. Messages such as request to pay, requests for payment, payment confirmations, requests for additional information, and remittance detail are used to create frictionless customer-facing interactions. TCH's system is the only privately owned Real-Time Payment "Rail" that can reach all U.S. bank and credit union accounts and enable funds to be sent and received within seconds. All FedNow & TCH Real-Time payments are "Credit Push" instead of "Debit Pull."
Real-Time Payments via The FedNow Service by the United State Federal Reserve are GOOD FUNDS!

Federal Reserve Banks will develop a new round-the-clock real-time payment and settlement service, called the FedNow ® Service, to support faster payments in the United States. What are FedNow Real-Time payments: FedNow - Federal Reserve Real-time Payments The Federal Reserve's FedNow Service will be the second system (see The Clearing House RTP) offering Real-Time Payment "Rail" that can reach all U.S. bank and credit union accounts and enable funds to be sent and received within seconds. The FedNow Service enables Participants to initiate credit transfers, receive final and irrevocable settlement for credit transfers, and make available to Receivers funds associated with such credit transfers in real-time, twenty-four (24) hours a day, seven (7) days a week, fifty-two (52) weeks a year.

Real-Time Payments via The Clearing House are GOOD FUNDS! The RTP® (Real-Time Payment) network, the real-time payments system from The Clearing House, is the first new core payments infrastructure in the U.S. in more than 40 years. RTP® is not Real-Time ACH. The RTP System enables Participants to initiate credit transfers, receive final and irrevocable settlement for credit transfers, and make available to Receivers funds associated with such credit transfers in real-time, twenty-four (24) hours a day, seven (7) days a week, fifty-two (52) weeks a year.

Features & Benefits

FedNow & TCH Real-Time payments have benefits for all parties involved in Financial Transactions.
Benefits to your company include:

  • Money Transfer: Current limit of $25,000 (2020 should see limit increase to $100,000).
  • It's Fast: 24/7/365 access to funds anytime vs. several days for paper checks or ACH transfers to process.
  • It's Final: Because FedNow & TCH say so. All RTP are Final & Irrevocable.
  • Software Integration: Integrate your Management or Enterprise software with us.
  • Message Detail: Full 145 characters available using ISO 20022 XML format.
  • Online Down Payments: Don't use inconvenient and expensive Wires & Cashier's Checks.
  • Online Real-Time Reporting: Configured Dashboard with Virtual Terminal login.
  • Reduced calls / emails in the "Purchasing Chain": All parties to a "FedNow" and "TCH Real-Time payments" transaction receive text & email messaging.

Good Funds for Real Estate

hand shake...See our seminal white paper on Real-time ACH vs Wires in Real Estate Transactions


International Transfer of Good Funds


  • Account to Account Transfers - Not a "Wire"
  • No Foreign Exchange Fees
  • No Currency Conversion
  • No Transaction Limits
  • No more trips to the bank - Send funds B2B and B2P using any internet browser.


  • Send money to anyone, either personal or business, anywhere in the world, instantly using just your web-browser. Make Vendor, Agent, Affiliate payments, Fund Escrows and Title company transactions. No geographic limitations.


Regardless of instant settlement features, Credit and Debit Card transactions and Same-Day ACH transactions are not irrevocable and are subject to Charge-back and Revocations. Real-Time Credit Card Payments and Same-Day ACH, although having the feature of instant settlement upon batching are not Final and Irrevocable.

Credit and Debit Card regulations:
Visa Retail Transactions
MasterCard Transactions


ACH regulations:
~ The NACHA Operating Rules dictate bank-to-bank rights and responsibilities for ACH payments. The ACH Network is a batch processing system in which financial institutions accumulate ACH transactions throughout the day for later batch processing. NACHA requires the use of Standard Entry Class Codes ("SEC Codes") for each transaction settled, both one-time and recurring, through the ACH. Each code identifies what type of transaction occurred to create the item. In addition to NACHA’s Operating Rules, transactions are also primarily governed pursuant to Regulation E and UCC 4A (as codified by each state).