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August 14, 2014updated 04 Apr 2017 4:06pm

Oxigen unveils India’s first mobile wallet for social media users

Oxigen Services India has rolled out India's first social mobile wallet service, Oxigen Wallet, which will enable users to send and receive money using social media portals.

By Verdict Staff

Oxigen Services India has rolled out India’s first social mobile wallet service, Oxigen Wallet, which will enable users to send and receive money using social media portals.

The new application will support social networks and messaging platforms like Facebook, WhatsApp, Google+, and Twitter.

The company said that the users can also use their wallet to recharge their mobile phones, pay bills and shop across a large number of online merchants.

The Oxigen Wallet service, which does not require the receiver’s bank account details to send money, is currently available at Apple Store & Google Play Store and the online.

Furthermore, users can also send photos, videos, and audio and text messages to personalize the transfer.

Oxigen Services founder, chairman & managing director Pramod Saxena said: "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."

Oxigen has processed more than two billion payment transactions exceeding INR20bn ($328m) through small retail, modern retail chains and banking websites.

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