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.