The Oxigen Wallet app for mobile should come in handy for those of you who live in India and are totally into the idea of cashless payments. If you can imagine leaving the house with nothing but your smartphone to serve as your device for stashing away your virtual money, it’s all well and good.
It’s just long years of conditioning of course, but the thought of giving up on paper notes or metal coins and having a mobile device storing all our bread, sends unpleasant shivers down our spine. Smartphones are connected to the Internet and therefore open to remote hacking by a trouble maker sitting comfortably safe behind his screen, after all.
We’re sure you can offer counterarguments to that picture of paranoia, but let’s first take a look at what Oxigen Wallet has to say. The developers behind it claim to deliver the first RBI (Reserve Bank of India) approved non-bank virtual wallet in India and this has been integrated with NCPI (National Payments Corporation of India).
What it means is that users can instantly transfer money from Oxigen Wallet to more than 60 different banks and vice versa through Immediate Payment Service (IMPS). With the latest introduction, customers will be able to spend money over messaging platforms and social networks too. The tool already renders the facility of paying bills, shopping online and recharging mobile numbers amongst other things
The new change means you could also loan a friend or family member some bucks through Twitter, Facebook, WhatsApp or Google Plus. Oxigen Wallet has tied up with Fastacash in order to roll out this social element which has been added to the cashless mobile service. You can download the app for Android or iOS devices since it’s available on Google Play Store as well as on iTunes.