Opay MN 1.0.9

The Opay MN application, developed by "Ochir Undraa OMZ BBSB" LLC, presents a comprehensive financial system leveraging advanced fintech technology. This application provides various financial services such as electronic credit loans, bill payments, income management, and trust services.

Key features of the Opay MN application include:

• Credit Card: Users have the option to open a credit card with a limit of up to 5 million tugriks, repayable over a 24-month installment plan. Interest is charged only for the days on which the card is utilized. Although full repayment of personal loans is required within two years, users can repay any amount at their discretion within the allowed credit limit.
• Loan Example:
  - Loan Amount: 200,000₮ to 5,000,000₮
  - Maximum Annual Percentage Rate (APR): 24% to 36% (monthly interest ranges from 2% to 3%)
  - Interest is accrued based on the number of days the loan is used.
  - Full repayment period lasts for 24 months.
  Example:
  - Date of Issue: March 1, 2023
  - Expiration Date: February 28, 2025
  - Interest Rate: 3%
  - Initial Loan Amount: 500,000 MNT
  - Payment Date: April 30, 2023
  - Accumulated Interest Paid: 29,589.04 MNT
  - Total Paid: 529,589.04 MNT
  - Final Loan Balance: 0
  
• Trust Services: The application allows users to monitor and extend their trust services easily.
• Payment Functionality: Users can effortlessly pay monthly utility bills through the app.
• Transaction Capabilities: The platform enables a wide array of payments, money transfers, and invoice processing between banks and customers.
• Bonus Points: Users can accumulate and redeem bonus points for various activities performed within the application.

The terms related to loan products are crafted within the legal frameworks established in Mongolia.

For more information or customer support, please contact:
Customer Service: +976-72721818
Email: [email protected]
Website: http://opay.mn/privacy
Address: 4th Floor, Seoul Plaza, 3rd Khoroo, Sukhbaatar District, Ulaanbaatar, Mongolia.