Oxigen Wallet: India's First Mobile Wallet Enables Cash Sharing Over Social Networks, IMs

By Prarthito

| Updated: Wednesday, August 13, 2014, 14:04 [IST]

Here's some great news if you looking ahead to a future that's necessarily cash less and transactions can be made in any way possible. And the bearer of the good news, this time, is Oxigen Wallet.

Oxigen Wallet, which is India's first mobile wallet, today, at an event held in New Delhi, announced that the service now supports sharing money over social networks and messaging platforms.

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Oxigen Wallet Mobile Wallet Enables Cash Sharing Over Social Media

Oxigen Services India Private Limited has already been an innovator and leader in payment for over 10 years. Today the company has announced the launch of India's first social media mobile wallet service called Oxigen Wallet.

With the new service is place, 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 Plus and Twitter.

In fact, users will also be able to use their wallet to recharge their mobile phones, pay bills and shop across a large number of online merchants.

"The Unique social connect brought to us through our exclusive partnership with Fastacash, placed Oxigen Mobile wallet distinctly apart from any other player in the market. Merging payments with social and mobile will change the way people pay fro their everyday needs," said Pramod Saxena, Founder, Chairman and Managing Director of Oxigen Services (India) Pvt. Limited.

"We will continue to evolve the service by adding more products and 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 ser money free, in its true senses."

The company also predicts that given the social nature of the service, it will find a high usage amongst the youth who go out for meals with their friends, split bills, send smaller but more frequent gifts to one another.

Apart from that, they can also use the service for their own mobile recharges, bill payments and for payments on merchant sites (for movie tickets, to book travel tickets, pay for pizza, get music and movie downloads, etc).

The new Wallet app is currently available for download on your handset for both Android and iOS. Stay tuned to GizBot for more updates!