Oluchi Chibuzor
O3 Capital (“O3”), a number one Nigerian fintech and the nation’s first non-bank bank card issuer, has introduced an settlement with American Categorical to problem 4 new American Categorical® bank cards: the O3 American Categorical® Inexperienced Card for customers, the O3 American Categorical® Gold Card for customers, and the O3 American Categorical Platinum® Card for customers; and the O3 American Categorical® Gold Enterprise Card for small- and medium-sized enterprises (SMEs).
Talking on the unveiling of the playing cards in Lagos, Chief Government Officer of O3 Capital, Abimbola Pinheiro, mentioned:“With the O3 American Categorical Inexperienced, Gold, and Platinum Playing cards, O3 Capital will improve its general buyer providing, offering American Categorical Card Members a variety of journey and way of life advantages to be used in Nigeria and when travelling abroad. These Playing cards will present entry to reductions at choose companies throughout Nigeria, cinema and eating perks, resort and automobile rental advantages, and varied insurances and protections.
“Moreover, the O3 American Categorical Platinum® Card will present entry to a journey and way of life concierge service, a membership with a world resort programme, and 5 complimentary visits per 12 months to eligible native and worldwide airport lounges. Playing cards will be capable of be used at American Categorical accepting retailers throughout Nigeria and world wide.”
He added, “The O3 American Categorical® Gold Enterprise Card would be the first American Categorical card launched in Nigeria to particularly help the spending wants of companies. This card will enhance the day-to-day administration of enterprise transactions and cashflow with entry to a credit score facility, the flexibility to carry out worldwide transactions, and the inclusion of an prolonged reimbursement interval of as much as 45 days. It’ll additionally goal to help the operating of a enterprise, with advantages reminiscent of three complimentary visits per 12 months to eligible native and worldwide airport lounges, automobile rental perks, and journey insurance coverage included.
“This settlement with American Categorical is a major milestone, each for O3 Capital and for Nigerian companies. We are going to present options for a variety of shoppers – from customers on the lookout for extra worth from their fee merchandise to companies who need to get pleasure from the advantages of a domestically issued card with the worldwide attain of American Categorical. We’re significantly proud to be the primary who will problem an American Categorical Enterprise card to the Nigerian enterprise group and we look ahead to working with American Categorical to fulfil our potential.”
Talking, President of World Community Providers at American Categorical, Mohammed Badi, mentioned: “With the O3 Capital American Categorical playing cards, customers and companies in Nigeria could have much more fee selection. American Categorical is worked up to proceed to strengthen its presence in Nigeria and increase its attain throughout Africa. The primary-ever American Categorical Enterprise Card in probably the most populous African nation will give us one other method to help native companies with their progress aspirations.”