Case Study: Aeropay achieves real-time gaming payouts with Cross River

Aeropay grows RTP transaction volume 239% with Cross River

Aeropay, a leading digital payments provider, partnered with the bank Cross River to address the significant payment challenges faced by the gaming industry. These challenges included delayed settlements of 2-3 days for traditional ACH payouts, high transaction fees, and the complex compliance requirements associated with high-risk merchant categories. Aeropay needed a banking partner to build a custom framework that would enable real-time payouts.

Cross River implemented a solution using its instant payments API, including RTP® and FedNow®, to process payouts instantly. This collaboration created a compliant payment framework with robust transaction monitoring. The results were significant, with Aeropay growing from 1 to 34 merchants using the service and achieving 297% year-over-year growth in transaction count. The solution eliminated multi-day settlement delays, provided 24/7 fund availability, and reduced costs by bypassing card networks.

Aeropay