It will also help users to recharge their mobile phones, pay bills and shop across a large number of online merchants using their wallet service.

Oxigen Wallet service is currently available through Apple Store and Google Play Store and the web. Users can also send photos, videos, audio and text messages to personalize the transfer.

“The unique social connect brought to us through our exclusive partnership with Fastacash, places Oxigen Mobile wallet distinctly apart from any other player in the market. Merging payments with social and mobile will change the way people pay for their everyday needs. We will continue to evolve the service by adding more products and features, thereby creating an ecosystem for payments where you will no longer need multiple mobile apps for payments of different services. In other words, a single mobile app will meet all your payment needs and set money free, in its true senses,” said Pramod Saxena, Founder, Chairman and Managing Director of Oxigen Services.

A consumer can also easily send money to a non-wallet user by simply selecting the receiver from their social network, email or phone list.