Intuit Integrates With Federal Reserve To Enable Instant Payments For Businesses
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Published on 04/09/2026 at 12:36 pm EDT Intuit announced it has completed the Federal Reserve?s certification and readiness program for the FedNow Service. By leveraging the FedNow Service, Intuit is able to partner with financial institutions to send instant payment transactions on behalf of its customers. This flexible participation model allows Intuit to help accelerate the adoption of a more modern U.S. payment infrastructure, providing businesses with the ability to manage their cash flow with greater speed and the financial confidence of instant settlement. Intuit?s FedNow certification enables the use of modern financial data standards to support seamless, real-time communication across the banking network. This capability will be integrated across the Intuit platform to solve critical cash flow challenges, including: Instantly Payable Invoices: Reducing the multi-day wait for ACH funds to settle, helping businesses get paid up to 4 times faster. Real-Time Payroll: Enabling payroll services right when the job is done, allowing employers to pay workers instantly via the FedNow Service. On-Demand Bill Pay: Using FedNow instant payment features to eliminate processing delays, helping businesses avoid late fees and manage vendor relationships more effectively.
