o3cards 2.1.6

O3 Capital is positioned as the pioneering non-bank card issuer in Nigeria, with a forward-looking vision to establish itself as the leading credit card provider in the future.

The company's strategic focus revolves around issuing Naira-denominated cards, encompassing both credit and prepaid options, targetting the Nigerian market. This mission effectively aligns with the agenda outlined in the Central Bank of Nigeria's Financial System Strategy 2020, which aims to transition towards a "cashless Nigeria".

In line with the Central Bank of Nigeria's directive to reduce cash transactions, implemented on July 01, 2014, O3 Capital has adeptly leveraged this policy shift to drive the adoption of electronic payment solutions over physical cash transactions.

Seizing the opportunity presented by the CBN's directive and addressing the growing demand for micro-credit solutions among Nigeria's burgeoning middle-income segment, O3 Capital has tailored its offerings to tap into the burgeoning credit card market, fostering a culture of credit card usage within Nigeria.