Avinash Sethi

Oxigen

Oxigen's focus is to grow its footprint, to serve the last mile by providing Aadhaar enabled branchless banking services, cashless micro payments services and remittances, in a ‘real time' environment, is India's Largest Payments Solutions Provider. Oxigen's proprietary technology is used to provide Payment Processing Services, through its flagship product, Oxigen Micro ATM. Oxigen provides branchless banking services integrated with Aadhaar to facilitate AEPS (Cash In/Cash Out), Bank Transfers, eKYC, and merchant payment services with NFC (Tap Pay), Card Payments (Rupay, Visa, Master Card), Bharat QR, UPI, Aadhaar Pay, Cash @ PoS using Cards. Traditional services include Recharges for Telecom, Internet data and DTH Prepaid, Postpaid Recharges, Money Transfer, Travel (IRCTC Railways/Airlines/Bus) Tickets, Movie Tickets, Utility Bill Payments, gift cards & value-added services, through its network of 200,000 retailers who, in turn, provide these services to end customers. Oxigen is also a National Business Correspondent to SBI and RBL bank with over 20,000 BC agents Oxigen also has a Mobile Money Wallet, branded as Oxigen Wallet ("OW") and is a Prepaid Payment Instruments ("PPI") license holder issued by RBI. With RBL Bank, Oxigen wallet offers a card for Corporate reimbursements, and provides Loyalty solutions on mobile, to companies like FuturePay. It has 3 million users now. Today, Oxigen boasts of a 150-million customer base and a retail footprint of over 2,00,000 outlets. Till date, Oxigen has processed over 6 billion transactions, with an existing volume of 600 million transactions per annum. Oxigen services are device agnostic and available through a point of sale device "MicroATM", website and mobile App.