Key Takeaways
- OBOOK Holdings and Visa have partnered to launch OwlPay Cash, a blockchain-based remittance app.
- The app allows US users to send money directly to international bank accounts via mobile.
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OBOOK Holdings today partnered with Visa to launch OwlPay Cash, a blockchain-powered mobile remittance app that enables US users to send money directly to bank accounts across various international regions.
The app leverages Visa Direct technology to facilitate cross-border payments, offering users a streamlined platform for international money transfers. OwlPay Cash represents OBOOK Holdings’ entry into the digital remittance market through blockchain integration.
Visa has been expanding partnerships with blockchain-focused companies to enhance remittance services, aiming to provide direct and lower-cost international money transfer options. The collaboration reflects broader industry trends toward mobile-first payment solutions for cross-border transactions.
The launch positions OwlPay Cash among emerging Visa-powered apps designed to offer US users more seamless options for international financial transfers through mobile platforms.
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