"Institutions may qualify for the FedNow Receive Discount, Send Discount or both, provided they meet the respective eligibility requirements. The discounts are available to both new and current FedNow Service participants. The FedNow Receive Discount provides a one‑time statement credit for institutions that have enabled the ability to receive instant payments and meet the additional service participation requirements outlined. See details below for eligibility criteria, discount amounts and qualification requirements."