OBOOK Holdings Inc., operating as the OwlTing Group, has announced a strategic collaboration with Visa to launch a new mobile remittance application. The OwlPay Cash app will leverage the Visa Direct network to enable users in the United States to send money directly to bank accounts in 26 countries, aiming to provide greater speed, transparency, and lower costs compared to traditional cross-border payment methods.
OBOOK Holdings (OwlTing) is launching the OwlPay Cash remittance app in collaboration with Visa.
The app uses Visa Direct to send money from the U.S. to bank accounts in 26 key regions globally.
Target markets include Mexico, India, Colombia, Argentina, and Peru.
The service promises fees up to 70% lower than traditional SWIFT-based options.
It is built on a compliance-first framework, licensed in 39 U.S. states and ISO 27001 certified.
This launch expands OwlTing's fiat payment reach alongside its blockchain and stablecoin initiatives.
The launch targets a significant pain point in the global financial system: the high cost and slow speed of cross-border remittances. With the U.S. as a major remittance source, the app aims to serve immigrants and freelancers supporting families abroad. By utilizing Visa Direct's network of over 11 billion endpoints and partnering with Cross River Bank for U.S. settlement, OwlPay Cash seeks to reduce hidden fees and provide transparent foreign exchange rates, challenging the industry average fee of around 6.6%.
OwlPay Cash is designed as a mobile-first application with a focus on user experience and affordability. Key features include a contact-based quick-send function for repeat transfers, transparent pricing with no monthly fees, and built-in foreign exchange conversion. The initial rollout prioritizes high-demand remittance corridors in Latin America and Asia, with the capability to send to 26 regions across Latin America, Asia, and Europe. The app will be available for download on major U.S. mobile app stores.
This launch represents a strategic expansion of OwlTing's diversified payment ecosystem. While the company continues to develop its blockchain and stablecoin infrastructure under the OwlPay brand, the OwlPay Cash app demonstrates a parallel path to capture market share in the traditional fiat remittance space. It applies the company's stated compliance-first mindset to connect established banking rails, leveraging Visa's trusted global network to reach a broad user base.
The collaboration between a blockchain-focused technology company and a global payments giant like Visa highlights the ongoing convergence of traditional and emerging financial infrastructure. By offering a streamlined, cost-competitive remittance product, OwlTing aims to carve out a position in the massive remittance market while building its brand as a versatile player in both Web2 and Web3 payments.
About OBOOK Holdings Inc. (OwlTing Group)
OBOOK Holdings Inc. is a blockchain technology company operating as the OwlTing Group. The Company was founded and is headquartered in Taiwan, with subsidiaries in the United States, Japan, Poland, Singapore, Hong Kong, Thailand, and Malaysia. The Company operates a diversified ecosystem across payments, hospitality, and e-commerce. In 2025, according to CB Insights’ Stablecoin Market Map, OwlTing was ranked among the top 2 global players in the “Enterprise & B2B” category. The Company’s mission is to use blockchain technology to provide businesses with more reliable and transparent data management, to reinvent global flow of funds for businesses and consumers and to lead the digital transformation of business operations. To this end, the Company introduced OwlPay, a Web2 and Web3 hybrid payment solution, to empower global businesses to operate confidently in the expanding stablecoin economy.
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