Blockchain firm OBOOK Holdings partners with Visa to introduce OwlPay Cash remittance app in US
Summary
OBOOK Holdings has partnered with Visa to launch OwlPay Cash, a new blockchain-powered mobile remittance application. This app allows users in the US to send money directly to international bank accounts across various regions by leveraging Visa Direct technology for cross-border payments. This collaboration marks OBOOK Holdings' entry into the digital remittance sector through blockchain integration. The move aligns with Visa's strategy to expand partnerships with blockchain-focused firms to offer more direct and cost-effective international money transfer options, reflecting the growing industry trend toward mobile-first payment solutions for global transactions.
(Source:Crypto Briefing)