Cross River issuer processor

The Cross River integrated issuing model has an in-house cloud-native card issuing and payment processing engine named P1. It is a fast, scalable platform. P1 focuses on speed, growth, and innovation.

This system supports multiple primary and secondary networks. It supports both Mastercard and Visa. Cross River has full control over card issuance and processing.

You can set spending controls at the individual card level. Generate regulatory issuer reports with built-in compliance tools. Scale your processing through cloud-based infrastructure.

P1 uses strong customer authentication (SCA) to prevent fraud. It meets PSD2 and PCI DSS3.2 Level 1 standards.

P1 keeps always-on connections to authorization networks.

Both provide secure, private links, eliminating the need for traditional physical network equipment and on-premises servers.

P1 supports the 3DS protocol for secure online payments. Cardholders authenticate purchases in real time. Visa brands this as Visa Secure. Mastercard brands it as Mastercard Identity Check.

Customize transaction decisions in real time through an HTTP interface (JSON). RTSA replaces the ISO 8583 messaging protocol. Requests go to your pre-configured authorization URL. For more information see advanced authorization.

P1 connects to both Mastercard and Visa. It supports single-band and dual-band configurations for each network.

P1 connects through secure VPC connection to Mastercard and Visa networks for PIN verification during authorization. A return code confirms whether the PIN is valid or invalid.

Reduces fraud on mail and telephone orders with AVS. Verify the customer's billing address on its own or during authorization.

P1 processes balance inquiries from card association networks. The response shows the total available credit. ATM and POS balance inquiry requires Mastercard certification.

P1 handles CVV1/CVC1 and CVV2/CVC2 requests from Visa and Mastercard. Customize service code logic during validation to fit your needs.

P1 supports Base II and the Global Clearing Management System (GCMS) across all clearing cycles and manages commercial program data at both Level 2 (L2) and Level 3 (L3). L2 data provides summary information about a transaction as a whole, such as total tax amount or fuel type for a fleet transaction, while L3 data provides detailed, receipt-like line-item information, including item descriptions, quantities, and product codes. Merchants typically supply L2 and L3 data for commercial BIN transactions to qualify for lower interchange rates, giving issuers enhanced reconciliation capabilities and greater visibility into spending.

Typically, merchants only include L2/L3 data for transactions on commercial BINs. They provide this data in an attempt to qualify for cheaper interchange rates. In return for less interchange, issuers are provided enhanced reconciliation and visibility into program spend.