OmniWay

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.