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Oxigen partners with Federal Bank for cash management services

Oxigen partners with Federal Bank for cash management services
19 November 2016 Current Affairs: Federal Bank and digital payment server Oxigen have joined hands to allow over 3 lakh retail outlets of the latter to remit cash collected from customers to the bank through its e-collection platform. 

As per the arrangement, three lakh plus retail outlets of Oxigen can now remit their cash collection at the Federal Bank branches pan India. This helps the outlets to get replenished their running limits on the spot enabling them to continue to serve the customers hassle free.

Federal Bank will leverage its e-collection platform to validate the details of the outlets on a real time basis, before accepting the payment. 

Oxigen deals in services like money transfer, domestic money remittance, digital payments as well as facilities like making payments for utility services. 

Our powerful e-collection platform is supporting synergistic partnerships like the one with Oxigen which is the largest e-collection arrangement that the bank has done till date. We are giving added thrust at Delhi and NCR for more such corporate partnerships and alliances.

Federal Bank is giving added thrust at Delhi and NCR for more such corporate partnerships and alliances.


March 2017 Current affairs
24 MAR
NEWS
23 MAR
NEWS
22 MAR
NEWS
21 MAR
NEWS
20 MAR
NEWS
18 MAR
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February 2017 Current affairs
28 FEB
NEWS
27 FEB
NEWS
25 FEB
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24 FEB
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23 FEB
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22 FEB
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January 2017 Current affairs
31 JAN
NEWS
30 JAN
NEWS
28 JAN
NEWS
27 JAN
NEWS
25 JAN
NEWS
24 JAN
NEWS

December 2016 Current affairs
31 DEC
NEWS
30 DEC
NEWS
29 DEC
NEWS
28 DEC
NEWS
27 DEC
NEWS
26 DEC
NEWS

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS



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