OmniWay

Description

The OmniWay application is based on artificial intelligence, your essential goods
Recommend products and you like the products
interest free loan available. Also collect bonus points for purchases
Get a discount on your next purchase.

Registration conditions:
- Confirm your registration by phone number
- The loan agreement will be concluded once

How to get a loan:
- A registered user fills out an application to create a credit right
- Credit eligibility will be determined using artificial intelligence
- When buying goods from the online store, select the option to get credit.

Cash loan conditions:
- Size: MNT 100,000 - MNT 1,000,000
- Maximum monthly interest rate: 3%
- Maximum annual interest rate: 36%
- Duration: 60 or 90 days

Sample loan calculation:
- Loan amount: MNT 100,000
- Duration: 60 days
- Monthly interest: 3%
- Total interest: MNT 5,918
- Total repayment amount: MNT 105,918

Terms of purchase on credit:
- Size: MNT 100,000 - MNT 10,000,000
- Maximum monthly interest rate: 2.9%
- Maximum annual interest rate: 34.8%
- Duration: 5-12 months

Sample loan calculation:
- Loan amount: MNT 100,000
- Duration: 5 months
- Monthly interest: 2.9%
- Monthly payment: MNT 21,779
- Total interest: MNT 8,899
- Total repayment amount: MNT 108,899

Privacy Policy:
"OmniWay" app provides online loan services within the framework of laws and regulations in Mongolia.
"OmniTech LLC" transmits and stores user information with high level of confidentiality.