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From left: Ankur Saxena, President, Technology & Innovation, Oxigen, Krishna Angara, Board Member & Director, Fastacash, Vince Tallent, Chairman & CEO, Fastacash, Pramod Saxena, Founder, MD, Oxigen, Sunil kulkarni, Deputy MD, Oxigen at the launch of OxigenWallet in Delhi August 13 2014
 
 
Oxigen brings social media-friendly mobile wallet to India

New Delhi, August 13, 2014:  Indian payments solution provider Oxigen Services India  has launched the  first social mobile wallet service, Oxigen Wallet, enabling people  to  share money with their friends and family over their preferred social networks and messaging platforms like Facebook, WhatsApp, Google+, and Twitter. They will also be able to use their wallet to recharge their mobile phones, pay bills and shop across a large number of online merchants.
 Oxigen, which has processed over 2 billion payment transactions through small retail, modern retail chains and banking websites and has brought money transfer services to  the unbanked population through its connect with National Payment Corporation of India (NPCI), sees the potential of  social media usage to bring innovative solutions to the market and simplify payments. The company is ranked number 1, on NPCI’s mobile banking platform IMPS, facilitating Instant Money Transfer across 60+ banks.
Says Pramod Saxena, Founder, Chairman & Managing Director of Oxigen Services (India):  “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."
“With Oxigen Wallet, we are able to bring our innovative solution to the Indian consumer, who will now, for the first time, be able to securely share money and airtime with friends and family, across any social network and messaging platform”, says Vince Tallent, Chairman & CEO Fastacash, “Having Oxigen join our network of global partners, we will leverage our common local market expertise, global presence and focus on innovation, to continue to deliver services that simplify payments. Through our long term partnership, we will work towards our common vision of providing innovative solutions and a great user experience for social payments.”




    


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