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Oxigen logo — Pioneers in Payment collections, Service Aggregation and Ser...

Oxigen

Pioneers in Payment collections, Service Aggregation and Service Distribution

Founded 2004 India Gurgaon, India 882 employees Financial Services, Payments +3

General Information

Company Name Oxigen
Founded Year 2004
Location India Gurgaon, India
Employees 882
Industries Financial Services, Payments, Retail +2
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About Oxigen

Oxigen is a pioneer in payment collections, service aggregation, and service distribution, with a strong focus on expanding its reach to serve the last mile in India. The company offers a wide range of financial services, including Aadhaar-enabled branchless banking, cashless micro payment services, and remittances in real-time. Utilizing proprietary technology, Oxigen provides payment processing services through its flagship product, the Oxigen Micro ATM, catering to a variety of needs such as bank transfers, eKYC, and merchant payment services. Additionally, Oxigen offers traditional services like recharges for telecom, internet data, and DTH, money transfers, travel ticketing, utility bill payments, and gift cards through its extensive network of 200,000 retailers. As a National Business Correspondent to SBI and RBL bank, the company has over 20,000 BC agents, further expanding its reach and influence in the financial sector. Furthermore, Oxigen has a mobile money wallet known as Oxigen Wallet (OW), which boasts 3 million users and holds a Prepaid Payment Instruments (PPI) license issued by RBI. The company has also partnered with RBL Bank to offer corporate reimbursement cards and loyalty solutions to companies like FuturePay. Established in 2004, Oxigen has developed a massive customer base of 150 million and a retail footprint of over 200,000 outlets. The company has processed over 6 billion transactions to date, with an annual volume of 600 million transactions. Oxigen's services are available across various platforms, including point of sale devices, websites, and mobile apps. At present, there is no public information available regarding last investment or investors. Oxigen operates within the financial services, payments, retail, and banking industries and is headquartered in India.

Business keywords: payment collections, service aggregation, service distribution, Aadhaar enabled branchless banking, cashless micro payments, remittances, payment processing services, branchless banking services, mobile money wallet, prepaid payment instruments, retail network, financial inclusion, digital India, loyalty solutions

No funding data available for Oxigen yet.

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FAQ About Oxigen

Pioneers in Payment collections, Service Aggregation and Service Distribution
Oxigen was founded in 2004.
Oxigen is headquartered in Gurgaon, India.
Oxigen operates in Financial Services, Payments, Retail, Banking and CRM and Sales. Its work centres on payment collections, service aggregation, service distribution and Aadhaar enabled branchless banking.
Oxigen has approximately 882 employees.
Top alternatives and competitors to Oxigen include PAY.COM, iCard, abela, Wallet Factory, Centbee. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Oxigen and PAY.COM are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Oxigen, https://bouncewatch.com/company/oxigen, updated 4 January 2025. When citing, please name BounceWatch and link this page.

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