Federal Bank partners with Oxigen for cash management services through the Bank’s E – collection facility.
As per the arrangement, three lacs plus retail outlets of Oxigen can now remit their cash collection at the federal bank branches pan India.
The Bank will leverage their E – collection platform to validate the details of the outlets on a real time basis before accepting the payment.
This helps the outlets to get replenished their running limits on the spot enabling them to continue to serve the customers hassle free.
Oxigen outlets pan India helps the customers to enjoy a host of services like money transfer, domestic money remittance (DMR), digital payments and other kind of services.