Visa Direct Integration Lets OwlTing Users Fund USDC Straight From a Debit Card
OwlTing Group has integrated Visa Direct into its OwlPay platform, enabling U.S. debit cardholders to fund USDC transactions directly without needing an exchange account. This new card-to-wallet on-ramp enhances usability by allowing spending, transfers, and global remittances via multiple channels including Visa debit cards and MoneyGram. The integration aims to simplify USDC adoption and expand digital asset accessibility for consumers and enterprises.
Nasdaq-listed fintech firm OwlTing Group (OWLS) has expanded its collaboration with Visa to integrate Visa Direct into its OwlPay payment infrastructure, creating a card-to-wallet on-ramp that lets eligible U.S. debit cardholders fund USDC transactions without needing a standalone exchange account.The capability is now live inside OwlPay Harbor, the company's enterprise-grade on/off-ramp layer, and is also accessible to consumers through OwlPay Wallet Pro, a self-custody digital wallet. A subsequent phase will bring the on-ramp to OwlPay Cash, the firm's consumer remittance app.Once funded, users can spend USDC at U.S. retailers via gift cards, transfer assets to third-party platforms, or send funds globally through settlement channels including pushes to eligible Visa debit cards, local bank accounts via the Circle Payments Network, and cash pickup through MoneyGram.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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