OwlTing Group integrates Visa Direct into OwlPay for USDC transactions
OwlTing Group (NASDAQ: OWLS) announced an expanded collaboration with Visa to integrate Visa Direct into its OwlPay payment infrastructure, enabling eligible U.S. debit cardholders to fund USDC stablecoin transactions directly.
The integration creates a card-to-wallet channel that allows users to acquire USDC without opening accounts on dedicated digital asset exchange platforms. The capability is now live within OwlPay Harbor, OwlTing's global on/off-ramp infrastructure.
"By integrating Visa Direct into OwlPay, we are connecting the debit cards that most Americans already use to a digital dollar infrastructure," said Darren Wang, founder and CEO at OwlTing Group.
Vira Platonova, global head of Visa Direct, stated that "Visa Direct helps make that possible by connecting new forms of value with existing payment systems, backed by the security, reliability, and compliance needed to support transparent flows."
Enterprise and platform partners can now offer card-funded USDC acquisition to eligible U.S. users through the integration. On the consumer side, eligible users can access the service through OwlPay Wallet Pro, OwlTing's digital wallet platform.
Once funded with USDC, users can spend at U.S. retailers through gift cards, transfer assets to third-party platforms, or send funds globally through settlement channels including direct pushes to eligible Visa debit cards, local bank accounts via the Circle Payment Network, or cash pickup through MoneyGram.
OwlPay Cash, OwlTing's consumer remittance app, will integrate the Visa Direct feature in a subsequent phase. The company anticipates that Visa Direct-supported transaction flows may contribute to incremental transaction-based revenue as adoption scales.
OwlTing's regulatory footprint spans 41 U.S. states. All money transmission services in the United States are provided by OwlTing USA, Inc., a wholly owned subsidiary of OBOOK Holdings Inc.
