Instant Payments
Network interoperability in detail
5min
- Efficient Routing: Payments are routed based on network availability and product configuration.
- Flexibility: You can define routing preferences at both the product and transaction levels.
- Reliability: Payments leverage CRNow, RTP®, and FedNow® to ensure seamless delivery.
By integrating advanced routing logic and supporting multiple networks, Cross River delivers a robust and flexible Instant Payments solution.
Cross River offers two routing options for Instant Payments:
- Smart Routing: Payments automatically route based on:
- Configured network preferences
- CRNow-specific criteria (for example, receiver account details, routing numbers, partner enablement)
- Explicit Routing: You specify your preferred network for individual transactions by including the networkPlatform attribute in the specific API request.
If you enable your product for all possible networks (CRNow, RTP, and FedNow), routing is determined by:
- Receiver account details
- Routing numbers
- Partner configurations
- Availability of the creditor FI (or debtor FI for RfPs)
If you enable your product only for RTP and FedNow, routing follows these criteria:
- In the API request:
- If the networkPlatform attribute contains a value in the API request, routing follows the value supplied.
- If you don't provide the networkPlatform attribute, routing defaults to either your configured network preference for the product or Cross River's default.
- Network selection when the payment is sent: Routing follows these rules:
- Both networks available and online: The transaction routes based on the configured network preference.
- One network available: The transaction routes through the available network.
- No networks available: The transaction fails.
Updated 29 Jan 2025
Did this page help you?