Credit card for company

The O3 Corporate Credit Card can be issued for out-of station members of staff, thereby eliminating the risk associated with cash movement. It can also cater for your expatriate staff by removing the account opening bottlenecks for the portion of their salaries paid in Naira. The O3 Credit Card is a NAIRA-denominated credit card and can be used in Nigeria, and repayment is made exclusively in Naira. Our credit cards would work on the existing Interswitch network which means they would be compatible with all ATMs, POS Terminals and Internet Payment Sites in Nigeria.

The card would be the Corporate Card of the Company from which supplementary cards would be issued to the staff nominated by the company with the respective credit limits as requested.

Benefits

• Travel Expenses Control/ Tracking O3 Cards gives you greater control over your Travels and Expenses (T & E) and every day business expenses.
• No Account Opening Bottlenecks You do not need to open a new corporate account nor individual accounts for your staff.
• Simplified Accounting Simplified Accounting as multiple invoices can be paid off in a single monthly transaction.
• Ease of Reconciliation Monthly Card statement shows full visibility of employee spending while on business trips, for easy reconciliation thereby eliminating any oversight.
• Staff Safety Improved safety for staff members, who no longer need large amount of cash for trips.
• Unlimited number of Supplementary Cards There is no limit to the number of members of staff that can be allocated supplementary cards. It is subject to the company’s request

O3 Capital Nigeria Limited is a financial service institution that offers various consumer loans using the CREDIT CARD as its delivery channel.

O3 Capital is the first non-bank card issuer in Nigeria and aims to become the preferred credit card issuer in the long-term.

The strategic thrust of the company is to issue Naira denominated cards; both credit and prepaid to the Nigerian market. This objective correlates to that of the Central Bank of Nigeria’s Financial System strategy 2020, to create a "cashless Nigeria".

The Central Bank of Nigeria (CBN) introduced a policy on cash-based transactions in on July 01, 2014. The policy aimed to reduce the amount of physical cash circulating in the economy and encourage more electronic-based transactions

Taking advantage of the CBN initiative and the demand for micro-credit facilities by the growing middle income demography of the Nigerian working population,

O3 Capital has developed its product to cater to the fast growing credit card market and seeks to cultivate the culture of credit card usage in Nigeria.

Product

The cards are run on the existing Interswitch network which interconnects over 90% of the Nigerian financial sphere i.e. ATMs, POS and banks nationwide. The cards are available to only employees of selected companies and institutions with their salary accounts linked for the minimum monthly repayment via direct debit. The Nigerian Inter Bank Settlement Scheme [NIBSS] provides the platform for the direct debit operations.

Technology

The enterprise is supported by an ultramodern Card Management System provided by Bevertec CST, Canada.

O3 Capital heavily leverages technology, hence keeping its operating costs low and as such shall be able to manage a large customer base and enhance customer profitability. The Company’s processes are standardized and in line with international best practice given the strong strategic technical partnerships in place.

Risk Management

Our selection process is extremely thorough with a high level KYC scrutiny in line with our philosophy of "Right Customer Low Risk". The IT infrastructure is integrated with the existing credit bureaus which enables an automated credit history review of each applicant. The card management system has a predictable risk management and anti-fraud solution.

Contact Us

For more detail - inquire us at 07006322737 or 012777630

Email Us at care@o3cards.com

Address

18, Jerry Iriabe Street,

Lekki Phase One,

Lagos,

Nigeria

Website - https://www.o3cards.com/

Visit Link - https://www.o3cards.com/corporate-credit-card/

The O3 soft loan gives you access to loan to meet your immediate financial needs. So whether it’s money pay rent, cover school fees, Personal Loan, Lpo Finance or Asset Acquisition O3 can help.