Visa Direct Integration Lets OwlTing Users Fund USDC
Visa Direct Integration Lets OwlTing Users Fund USDC
OwlTing Group, a Nasdaq-listed fintech firm, has integrated Visa Direct into its OwlPay payment infrastructure, allowing eligible U.S. debit cardholders to fund USDC transactions without a standalone exchange account. The Visa Direct integration enables a card-to-wallet on-ramp.
Streamlining USDC Transactions
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.
Benefits of Visa Direct Integration
Increased Accessibility
With the Visa Direct integration, 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.
Convenience and Speed
- Fast and secure transactions
- Real-time funding
- No need for a standalone exchange account
Key Takeaways
- Visa Direct integration enables card-to-wallet on-ramp for USDC transactions
- Eligible U.S. debit cardholders can fund USDC without a standalone exchange account
- Users can spend USDC at U.S. retailers or send funds globally through various settlement channels
- The integration is now live in OwlPay Harbor and OwlPay Wallet Pro
Frequently Asked Questions
What is the benefit of the Visa Direct integration?
The integration allows eligible U.S. debit cardholders to fund USDC transactions without a standalone exchange account, making it more convenient and accessible.
How can users spend their USDC?
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.
