Cross River Bank’s (CRB) P2C disbursement (P2C) solution is a payment gateway which disburses funds in real-time to debit card accounts through participating debit card networks. CRB processes the transactions via one of several P2C payment rails, and the payee sees the funds in their account instantly. CRB onboards a merchant for P2C disbursements.
The P2C process is simple:
- Merchant registers payee debit card numbers to P2C.
- Merchant funds disbursement requests to pay a registered card.
- Recipient receives funds immediately in their account.
P2C is fully API driven and transactions are made in real time.
Updated about a month ago