Oxigen

There are mainly two categories of digital wallets in the Oxigen platform. The Oxigen 20K Wallet and the Oxigen 100K Wallet. Here are the details of each:

Oxigen 20K Wallet

This option can be used for payments such as mobile, DTH recharges and even broadband recharges. It also allows funds transfers to other wallets and bank accounts, travel ticket booking, entertainment-related downloads, online shopping, sports subscriptions, and much more. A monthly balance and transaction limit are set at up to Rs. 20,000. Here are the additional details for your reference:

Oxigen 100K Wallet

For using Oxigen 100K Wallet, users must register online by providing their KYC (Know Your Customer) documents. Post-registration and approval, they can start enjoying monthly balance along with transaction limits of up to Rs. 1 lakh. There are also additional benefits like hotel and holiday bookings apart from the basic services. With an Oxigen, 100K Wallet users can have the freedom of transferring money and making payments with a monthly limit that covers most transactions.

How to register for Oxigen e-Wallet?

Users have to follow the separate registration process for each of the Oxigen wallets since each has separate balance and transaction limits. Users can download the application on a smartphone or go for the online virtual wallet. The online option helps those who are not comfortable with smartphones. Here is the detailed registration process for each of the wallets:

Oxigen 20K Wallet Registration

Users can choose the online application process or send an SMS stating “Oxigen*Agree*” to the number 9870888888. A wallet will automatically get created for them. Users will get their wallet details including user ID and password via SMS on their registered mobile number.

Money transfer to wallets can be easily done by depositing cash at the retail outlets of Oxygen. Alternatively, they can use net-banking or Immediate Payment Service (IMPS) for transferring money. After the first wallet top-up, users are charged a one-time convenience fee of Rs. 25. This is automatically debited from the wallet. The wallet is available for use on Android, iOS, and also Windows phones.

Oxigen 100K Wallet Registration

Users have to follow a registration process similar to the 20K wallet, however, the 100k wallet registration requires KYC documentation. The maximum limit is set at Rs. 20,000 for this wallet. This is automatically increased to Rs. 1 lakh after submitting documents which then have to be verified by the business. Documents such as Aadhaar Card, Voter’s ID, Driver’s License, or Passport can be furnished as address and ID proof. A list of alternative documents can also be accessed and furnished as ID and address proof.

How to load money into the Oxigen e-wallet?

Users can load money easily in Oxigen wallets through various options. This can be done through debit and credit card, net banking, IMPS, or physical cash at the counter. There are certain restrictions for loading money in Oxigen wallets through debit/credit cards and IMPS:

• IMPS: If using IMPS, the transaction limit for each transaction is determined by the transaction limit set by the partner bank. A maximum transaction limit of Rs. 1 lakh is set by most banks for Oxigen wallet
• Debit/Credit Cards: Users can transfer a maximum of Rs. 4,000 per transaction using debit and credit cards. The total monthly limits for funds transfer using debit or credit card is Rs. 20,000.

How to use the Oxigen e-wallet for sending money?

Here is how you can send money using Oxigen Wallet:

Step 1: Open the Oxigen app from your smartphone

Step 2: Select the option for sending the money: 

• To any bank account using MMID
• To any bank account using account number

Step 3: Plug in the required details

Step 4: Click on continue

Step 5: Provide OTP to complete the transaction

How to use the Oxigen e-wallet to receive money?

Here are the steps to receive money on your Oxigen wallet:

Step 1: Open the Oxigen app on your smartphone

Step 2: Select ‘Request Money’ option and plug in the amount. 

Step 3: Select the friend or family from whom you expect money to come through.

Step 4: Select either mobile number or email, and submit details

Oxigen Wallet Gift Card

A gift card is similar to a debit card or prepaid card. It comes with a balance and can be used for making purchases at various retail outlets as well as online stores. Oxigen wallet lets users purchase gift cards for gifting it to near and dear ones. Here are the steps for creating an Oxigen wallet gift card:

• Launch the app login
• Go to the ‘Gifts’ section
• Select a gift card and the amount for the card, this is usually available in denominations
• Select ‘self’ if you want the card for self-use or ‘Gift’ if you want to gift it to someone else
• For the gift option, enter the mobile number of the family or friend and click ‘Pay’ to complete the process

Features & Benefits

• RBI Backed: Oxigen Wallet is associated with the National Payments Corporation of India (NPCI). It is backed by the RBI and follows the guidelines set out by the central bank for e-wallets. Oxigen uses the IMPS interface for fund transfer processing.
• Secure user-interface: Oxigen Wallet provides a safe and secure user-interface which is also password protected. The interface is equipped with the latest encryption mechanism which offers additional protection for online payments. Another security feature in Oxigen is the Prepaid VISA Card which allows users to easily shop online without asking for account details.
• Rewards, Offers and Cashbacks: This digital wallet provides attractive offers and various cashbacks to users. Customers can expect rewards, exciting deals, seasonal offers from various e-commerce firms which have a tie-up with Oxigen partners.
• Variety of Services: The main benefit of this app is that it is a one-stop-shop for an extensive range of products and services. Whether you wish to pay utility bills or transfer money to other bank accounts, there are a multitude of services on offer.
• Wide coverage: Oxigen boasts of tie-ups with multiple banks, various retail outlets and several offline as well as online stores.
• PAYBACK points: Oxigen app has the option of redeeming PAYBACK points as well. Users can earn PAYBACK points and also convert these points into cash rewards from time to time.

Prepaid Visa Card with Oxigen

Oxigen offers users a virtual Visa card that can be used for many online purchases. Users only need to download the app and register with RBL Bank to begin availing the exciting deals. It works like any other standard prepaid card, except that it is in the virtual form in the user’s Oxigen Wallet. The card comes with a 16-digit number, CVV number and also an expiry date. Users have to set up and use a Visa-verified 4-digit PIN to make sure that all the transactions are secure. The card can be used for personal use or family and friends. The app has a share button for sharing the exciting offers and deals with near and dear ones.

For users who love to explore various online transactions, this is an ideal choice especially when only a card payment option is available. There are various deals and discounts to explore online with card payments and this is when the Prepaid visa card becomes an ideal choice. The virtual card can be used for multiple transaction categories such as food and drinks, cab services, entertainment, travel, purchasing electronics, etc.

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