VoPay partners with Cross River Bank

Tuesday 12 March 2024 14:59 CET | News

VoPay, an Embedded Payment technology, has partnered with Cross River Bank for an expansion of VoPay's operations in the United States. 

As per the press release, the collaboration aligns with VoPay's ambition to broaden its service offerings, facilitating access to an extensive range of sophisticated financial solutions and enhancing its market presence. 

Cross River plays an important role, equipping VoPay with access to the US banking and payment network infrastructure. Cross River’s expertise in US financial regulations is critical to ensuring the collaboration upholds stringent security and compliance standards.

VoPay, an Embedded Payment technology, has partnered with Cross River Bank for an expansion of VoPay's operations in the United States.

Teaming up with Cross River broadens VoPay’s horizons, enabling extensive coverage across North America. With a focus on transactional speed, security, and reliability, VoPay is well-positioned to offer an extensive portfolio of financial services across North America. 

Furthermore, this alliance not only accelerates the expansion into the US market but also aligns perfectly with VoPay's vision to deliver solid technology enabling innovative financial solutions. 

By leveraging proprietary API technology, this collaboration ensures transparency to the underlying user for transaction monitoring while allowing for efficient transactions, empowering businesses with secure money movement in today’s regulatory environment. 

Key highlights of the partnership 

  • Access to Major Payment Rails & Networks: Cross River's expertise, banking core and API-based infrastructure will enable VoPay to offer an expanded suite of payment solutions. These include ACH, Same-Day ACH, RTP and soon, FedNow Service and Pull-from-Card payment services. 

  • Financial Regulatory Expertise: Cross River has in-depth knowledge of US financial regulations and compliance standards. VoPay and Cross River will collaborate to ensure clients can confidently navigate the intricate regulatory landscape. 

  • Tailored Service: The companies share a mutual commitment to delivering customised services that help businesses across various industry verticals and use cases offer faster and more innovative digital payment solutions. 

About VoPay 

At the core of VoPay's offering is a multi-tenancy architecture integrated with a comprehensive payment engine and financial services solutions. For software enterprises seeking to accelerate growth, expedite time to market, reduce operational costs, and enhance efficiency within their core platform, VoPay provides an embedded payment solution.  

About Cross River Bank 

Leveraging its proprietary real-time banking core, Cross River delivers innovative and scalable embedded payments, cards, and lending solutions to consumers and businesses. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. 

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Keywords: partnership, expansion, payments , financial services
Categories: Payments & Commerce
Companies: Cross River Bank, VoPay
Countries: United States
This article is part of category

Payments & Commerce

Cross River Bank



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