Instant pay-ins to fuel instant payouts
Turn payment requests into instant cash flow with Request for Payment (RfP) functionality – powered by the RTP® network. Cross River, known for enabling fast payouts, now strengthens real-time payment capabilities to include instant pay-ins. When customers authorize an RfP, funds move immediately through the RTP® network, eliminating delays and transforming how businesses collect payments and manage cash flow.
The RfP advantage to strengthen cash flow
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Good funds, instantly
Enable deposits into your Cross River Operating System (COS) account 24/7/365 directly over RTP®, ensuring good funds are always available to support instant payouts whenever you need them.
Instant settlement
Receive funds immediately upon approval, transforming your cash flow management with real-time access to capital. We deliver instant payment capabilities in both directions – enabling you to pay out fast and collect even faster.
Always-on processing
Continue receiving payments on weekends and holidays, ensuring businesses succeed beyond traditional banking hours.
Push payment model
Customers authorize every transaction explicitly, creating a secure environment that reduces fraud risk and builds trust — giving the same reliability Cross River brings to payouts.
Full payment transparency
All payment details are visible to the payer before authorization, ensuring payment clarity. Once authorized, transactions are final and irrevocable — protecting businesses from unexpected financial reversals while maintaining full transparency.
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Reduced payment failures
Precise payment information and explicit authorization dramatically minimize exceptions, saving operational resources.
“Through our partnership with Cross River, Plaid Transfer now offers instant pay-ins, instant payouts and Same Day ACH, as part of a full solution with best-in-class account linking and optimized conversion, so customers can tailor bank payments across their business.”
RfP in action: Instant payout and pay-ins for real-world payment challenges
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Digital wallet funding
RfP lets gamers authorize payments through their banking app and start playing immediately—no more waiting for transfers to clear. Gaming platforms collect deposits instantly, maintaining the same speed they need for prize payouts and withdrawals.
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Utility bill payments
With RfP, approve simple requests through their trusted banking app and they're done—bills paid instantly. Utility companies can collect payments in real-time while maintaining their ability to process instant refunds and credits when needed.
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Down payments
Whether funding a down payment for a home or purchasing a new vehicle, RfP simplifies large transactions. Financial institutions using RfP can send payment requests directly to customers' banking apps, eliminating cumbersome checks, wire transfer delays, and in-person payment hassles while providing immediate confirmation of successful transfers.
B2B invoice collection
RfP lets businesses request immediate payment with clear references, so suppliers get paid faster and buyers maintain better relationships. Companies collect receivables instantly while preserving their ability to make immediate vendor payments and employee disbursements.
FAQs
How does RfP differ from traditional payment methods?
Unlike traditional methods that "pull" funds automatically, RfP operates on a "push payment model" where the payer explicitly authorizes each transaction, creating a more secure environment with no unexpected debits. This extends Cross River's payment expertise from instant payouts to secure, instant pay-ins.
Does Cross River support RfP on both RTP® and FedNow® networks?
Currently, Cross River’s RfP functionality is only available through The Clearing House’s RTP® network and is not supported on FedNow®.
Can partners enable RfP functionality for all their merchants at once?
No. Each merchant originating RfP through Cross River and The Clearing House (TCH) will have to be registered, reviewed and approved. What details from the RfP are shown to end users in the banking app?
An RfP includes the requested amount, who originated the request, and requested execution date.
How quickly are funds available after authorization?
Funds are available instantly upon authorization through the real-time payment networks, eliminating the traditional delays associated with ACH or check payments. Cross River's RfP solution delivers the same speed for collecting payments that we've always provided for sending them.
