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.

The P2C process is simple:

For a P2C Push:

  1. Merchant registers payee debit card numbers to P2C.
  2. Merchant funds disbursement requests to pay a registered card.
  3. Merchant receives confirmation of disbursement authorization.
  4. The recipient receives the funds.

For a P2C Pull:

  1. Merchant registers the debit card numbers to P2C.
  2. Merchant requests a payment from a registered card.
  3. Merchant receives authorization that the transfer is approved.
  4. Funds arrive within one settlement day.

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