Oxigen Services India Pvt. Ltd., one of the leading payments solutions company has announced launch of India’s first social mobile wallet service “Oxigen Wallet”. The service has been launched in partnership with Fastacash, a Singapore based social payments platform.
Going forward Oxigen Wallet users will now be able to share money with their friends and family over their preferred social networks and messaging platforms like Facebook, WhatsApp, Google+, and Twitter. Along with it, users will be able to make payments through Oxigen Wallet for recharging their mobile phones, paying utility bills or shopping at various online merchants.
The biggest plus point for users using Oxigen wallet – they will not need to know bank account details or any other information about the receiver. They can just send select the amount of money and send it to their chose social connection. Along with money, users can also send photos, videos, and audio and text messages to personalize the transfer.
This service is sure to find lot of usage amongst Indian youth, who go out for meals with their friends or split bills or want to send smaller amounts to their friends. Users will obviously need to have a Oxigen wallet account to send and receive payments.
However, a wallet user can still send money to a non-wallet user by selecting the receiver from their social network, email or phone list. This receiver will get a message on social network or/and SMS, upon which they will need to create their account to receive the money. The wallet service is bank and operator agnostic, which means that everyone on a mobile irrespective of telecom operator can download the app and use the Oxigen Wallet
Oxigen wallet mobile app is available on the web and available for mobiles as an iOS or Android app.
Pramod Saxena, Founder, CMD of Oxigen Services Pvt. Ltd. said in regards to the launch,“The unique social connect brought to us through our exclusive partnership with Fastacash™, places Oxigen Mobile wallet distinctly apart from any other player in the market. Merging payments with social and mobile will change the way people pay for their everyday needs. We will continue to evolve the service by adding more products & features, thereby creating an ecosystem for payments where you will no longer need multiple mobile apps for payments of different services. In other words, a single mobile app will meet all your payment needs and set money free, in its true senses”.
