Aeropay and Cross River Launch Request for Payment (RfP) to Power Instant Consumer Pay-Ins on the RTP® Network

Solution delivers real-time settlement, enhanced security, and improved cash flow for U.S. businesses starting with online gaming platforms.

Splash Sports will be the first to go live with RfP via Aeropay and Cross River, setting a new standard for real-time gaming payments.

Aeropay, a leading U.S. pay by bank provider, today announced the launch of Request for Payment (RfP) in partnership with Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions. This new offering expands on the two companies’ current instant payment offerings and enables U.S. businesses to accept instant consumer pay-ins via the RTP® network, delivering faster, safer, and more reliable payment experiences. Splash Sports, an online real money gaming platform, will be the first customer of Aeropay to implement the capability to power real-time pay-ins.

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Cross River x Aeropay

In the U.S., most card- and digital wallet-based payments are settled within one to three business days, and ACH processing is limited to business hours. These delays create cash flow disruptions and increase the risk of failed or returned payments.

RfP addresses these challenges by enabling:

• Instant settlement: Funds are transferred in seconds, 24/7/365.
• Reduced risk: Good-funds model reduces the risk of insufficient funds and overdrafts.
• Improved cash flow: Immediate access to funds enhances financial operations.

With RfP, businesses can deliver a frictionless, end-to-end payment experience—one that connects authorization, settlement, and confirmation in real time. The result is increased conversion rate, fewer payment disputes and fraud incidents, and deeper consumer confidence built on transparent, consent-driven transactions.

Through Aeropay’s API, businesses can initiate a payment request, which is delivered to the customer’s banking app for secure authorization. Once approved, funds are settled instantly with real-time confirmation. RfP provides all parties with visibility into the transaction, reducing the frequency failed payments.

Cross River provides the technical and regulatory foundation that makes this possible, serving as the financial institution enabling RfP origination and settlement through the RTP® network. With Cross River’s real-time payment capabilities, businesses can use RfP to initiate payment requests seamlessly and receive instant settlements around the clock.

By combining RfP with Aeropay’s existing instant payout capabilities, businesses can now power real-time money movement end-to-end, from deposits to withdrawals. The first industry focus will be online gaming platforms, with additional verticals, including e-commerce and financial services, to follow.

By adopting RfP, real-money gaming platform Splash Sports is leveraging Aeropay’s integration with Cross River to offer instant, secure consumer pay-ins and payouts. Players can now fund their accounts in real time and without card fees—enhancing the user experience while improving cash flow for the platform.

“We’re always looking to provide the best overall experience for our players, and that extends to payments,” said Joel Milton, Co-Founder at Splash Sports. “Aeropay's RfP solution allows Splash to offer our community instant pay-ins while reducing costs, creating an even bigger win for everyone."

“RfP represents the next phase of the instant payments ecosystem—closing the gap between real-time pay-outs and pay-ins,” said Adam Goller, Head of Fintech Banking at Cross River. “Cross River is powering this innovation and ensuring that RfP funds move securely and instantly. By collaborating with Aeropay, we’re bringing the speed and reliability of the RTP® network to more U.S. businesses, empowering them to reduce risk, improve cash flow, and create better experiences for their customers.”

“This launch marks a major step forward in Aeropay’s mission to modernize money movement,” said Dan Muller, CEO of Aeropay. “Request for Payment delivers instant consumer pay-ins with explicit customer authorization, making payments faster, safer, and always available. Together with Cross River, we’re giving businesses a powerful alternative to cards and legacy payment methods.”

About Aeropay

Aeropay is a leading pay-by-bank provider that powers instant, direct, and secure bank payments for businesses and their customers. With solutions spanning pay-ins and payouts, Aeropay helps merchants reduce costs, improve cash flow, and enhance customer experiences. Learn more at www.aeropay.com.

About Cross River

Cross River provides technology infrastructure powering the future of financial services. Leveraging its proprietary real-time banking core, Cross River delivers innovative and scalable embedded payments, cards, and lending solutions to millions of consumers and businesses. Cross River is backed by leading investors and serves the world's most essential fintech and technology companies. Leading the industry, Cross River is reshaping global finance and financial inclusion. Member FDIC. Find out more at www.crossriver.com.

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Solution delivers real-time settlement, enhanced security, and improved cash flow for U.S. businesses starting with online gaming platforms.