Oxigen Wallet

Oxigen Services India’s mobile semi-closed wallet Oxigen Wallet has partnered with Café Coffee Day (CCD) to enable payments through the wallet at CCD outlets across India.

According to the CCD website, it has over 1500 cafes spread across 200 cities in India. It also runs 50 CCD Lounge outlets, 5 CCD Square and 687 Xpress outlets.

This is Oxigen Wallet’s first offline payment acceptance tie up. It currently allows users to recharge mobile, DTH and data cards, make bill payments, shop on e-commerce platforms like eBay, and transfer money. It claims to have over 3 million wallet users and processes over 1 lakh transactions every day.

Oxigen Wallet was launched as a social mobile wallet service in August this year, in partnership with Fastacash. At the time the company had claimed that it had 1.5 million mobile wallet users and clocked 1 million transactions per month.

Users can load money in their Oxigen Wallet online through net banking or using their credit/debit cards, and also offline at retail outlets like Croma, The Mobile Store, Planet M, Vijay Sales, Vishal, and Muthoot Finance among others. Oxigen Wallet is accepted at over 3000 merchant locations including more 2000 online sites. The Oxigen Wallet app is currently available for Android, iOS and Windows.

e-KYC service: In September this year, Oxigen had tied-up with National Payments Corporation of India (NPCI) to launch e-KYC service. RBI had allowed Non Banking Financial Companies (NBFC) to accept e-KYC verification as a valid identification process in August this year. This enabled NBFCs to accept e-Aadhaar cards via the UIDAI website as a form of authentication.

Customers can sign up for the service by providing their Aadhaar card number and swiping their finger at a biometric scanner at select Oxigen outlets that are connected to its PoS terminals or PCs. Following this, Oxigen verifies the customer’s Aadhaar number and their biometric information with Aadhaar data base. Besides Oxigen, LIC India and Reliance General Insurance Company also have tie-ups with NPCI.