On the cusp of Sunday’s “Big Game” and the upcoming college basketball playoff season, players in the gaming industry can now receive their winnings instantly, thanks to a partnership between Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and Aeropay, a digital payments provider.
The partnership marks an expansion of Aeropay’s current offerings.
Keith Vander Leest, Head of Payments at Cross River said 24/7 access to funds improves the customer experience.
“We’re proud to partner with innovators like Aeropay, who are solving pain points across verticals and providing real-time and instant access to user funds.”
With a focus on transaction compliance and state-by-state regulatory approval, Cross River and Aeropay utilize custom API integrations “to seamlessly onboard operators and give players access to instant payouts, while providing security through real-time transaction monitoring.”
Facilitated by Cross River, an early participant in “the RTP network built by The Clearing House, instant payouts allow users instantaneous access to their winnings on the weekends, building player satisfaction and loyalty. In fact, a recent study found that 79 percent of gamers will opt for instant digital disbursements when offered.”
One of Cross River’s fastest-growing RTP providers, since enabling instant payout capabilities, Aeropay says it has “seen a peak of 50% more high-frequency users, signaling the value of instant payouts to Aeropay users.
