"Good Funds" Payment Solutions


Good Funds, is defined simply as: Collected funds in a bank account and usable immediately by the owner of the account. Our "Good Funds" payment gateway allows for real-time digital payments that are immediate, 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 payor-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

Today Payments Gateway Merchant Services

hand shake...continues to meet the challenge of our clients by offering cost effective "good funds", Good Funds Wallet, 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 and/or consumer accounts for collection and payments.


Good Funds Wallet

"Good Funds Wallet"©


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.
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.


How Today Payments Gateway works for most Companies in Sending & Receiving Funds

Working with two Financial institutions (i.e. the "Sender's" Financial Institution and the "Receiver's" Financial Institution), Good Funds money transfer services engage in two transactions to accommodate the money transfer between the Sender and the Recipient: a funding transaction and a payment transaction.

Step 1: Funding Transaction

Today Payments Gateway platform creates a Funding transaction to move money from the "Sender's" Originating Financial Institution (the financial institution where the money is currently on deposit); through the "Good Funds Wallet"©.

  • The amount used to fund the transaction will be the total amount to be sent to the Recipient. Today Payments Gateway fees and any fees charged by the Originating Institution will be charged in a separate transaction.
  • The Sender can fund the transaction using any deposit account at their Bank or Credit Union.
  • The Funding Transaction can be initiated in a number of ways, including at our website's Virtual Terminal, a mobile application, QuickBooks accounting software or a Web-based integrated software.

Step 2: Payment Transaction

The Today Payments Gateway platform transfers funds from the Originating Institution, via the "Good Funds Wallet"© to the account identified by the Recipient at the Receiving Financial Institution. The Originating and Receiving Institutions must both have the ability to process electronic check transactions, (Good News: 99% of Financial Institutions have these abilities!).




Visa Direct


Send money to anyone's debit card, either personal or business, anywhere in the world, immediately using just your web-browser. Make Vendor, Agent, Affiliate payments. No dollar or geographic limitations. Normal Debit Card processing fees apply.


Wiring Funds


No more trips to the bank - Wire money using any internet browser. Send money to anyone, either personal or business, anywhere in the world, immediately using just your web-browser. Make Vendor, Agent, Affiliate payments, Fund Escrows and Title company transactions. No geographic limitations.


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, immediately using just your web-browser. Make Vendor, Agent, Affiliate payments, Fund Escrows and Title company transactions. No geographic limitations.