SMEs and corporates get a paperless expense management from Oxigen

Oxigen Services has launched All-in-One Pre-Paid Debit Card based Expense Management Solution in collaboration with Rupay and RBL Bank.
The company claims to be India’s first card which offers On-the-Fly EKYC for instant Card Activation. Oxigen’s strategic move comes in the wake of digitising employee benefits and reimbursements which as per a recent study the industry accounts for approximately over Rs. 50,00 crores and it is largely paper based.
For Employees, benefits comprise of 100% PoS Acceptance Nationwide, Works both as a pre-paid Debit Card on PoS and virtual card on E-commerce sites, Multiple Use Mode – Online, Offline and ATM, Cash Withdrawal from ATM.
Oxigen is also a National Business Correspondent to SBI and RBL bank with over 20,000 BC agents.

Add comment

NextBigWhat brings you curated insights and wisdom on product and growth from the wild web.

Over 2 million people receive our weekly curated insights.

Newsletter

Newsletter