P2C Disbursements

Cross River Bank’s (CRB) Payment-to-Card disbursement (P2C) solution is a payment gateway that transfers funds to debit card accounts through participating debit card networks and allows for merchants to pull funds from a debit or credit card. CRB processes the transactions via one of several payment rails. The authorizations are received in real-time. The payee sees the funds in their account in as little as thirty minutes, but, depending on the payee's bank, it may take up to 2 days.

To send funds as a P2C Push:

• Merchant registers payee debit card numbers.
• Send the amount of funds to disburse via an API call.
• P2C confirms that there are funds available to make the transaction.
• P2C sends a request to the card networks to push funds.
• The issuing bank authorizes the transaction.
• Response is sent back to the merchant/submerchant with details of the transaction.
• The payee receives the funds.

To receive funds as a P2C Pull:

• Merchant registers payee debit card numbers.
• Request the amount of funds to receive via an API call.
• P2C confirms that there are funds available to make the transaction.
• P2C sends a request to the card networks to pull funds.
• The issuing bank authorizes the transaction.
• Funds are sent to the payee.
• Response is sent back to the merchant/submerchant with details of the transaction.
• The payee receives the funds.