If you are not in Nigeria you are not ready for Africa. I said this yesterday and one slowpoke attacked me.

Lizzysamuel:


I really pity Tinubu.

See the kind of dunderheads that supports him and giving him advice

Dear Bateria,

Credit cards are a way of borrowing money.

How does turning your citizens into debtors an investment that you and this administration should be celebrating?

Turning citizens to debtors??, it is a wawu!. This one has never left the backwater Abakaliki before, little wonder Bitter Obi didn't build a single school so that he can piss on the head of dumbos like this one.

Lizzysamuel:


LegendHero, what a funny boy😂.

So we should keep our dollars then? Since Amex is coming to change our currency to dollar right?

Don’t be an illiterate.

Amex is bringing their own forex in, they ain’t changing your currency to dollar.

Nothing stop you from paying naira equivalent with the card within Nigeria if they get all the neccessary approvals needed. Nothing stop you from using it to order goods abroad that you’ll sell in Nigeria too.

Even diaspora funds we send, don’t they credit you the naira equivalent? So what’s the difference?

LegendHero:


Don’t be an illiterate.

Amex is bringing their own forex in, they ain’t changing your currency to dollar.

Nothing stop you from paying naira equivalent with the card within Nigeria if they get all the neccessary approvals needed. Nothing stop you from using it to order goods abroad that you’ll sell in Nigeria too.

Even diaspora funds we send, don’t they credit you the naira equivalent? So what’s the difference?

Like I said.

Go back and read your post and stop quoting what's not in the article.

O3 Capital and Amex unveiled the product on Thursday in Lagos, the commercial capital, offering the business card with a spending limit of $10,000.

The post never said or its naira equivalent.

I wonder where you're manufacturing all these your add-ons from.

I'm done with you OC propaganda

Lizzysamuel:


Like I said.

Go back and read your post and stop quoting what's not in the article.



The post never said or its naira equivalent.

I wonder where you're manufacturing all these your add-ons from.

I'm done with you OC propaganda

How do you want them to write the introductory statements before? Wouldn’t it be the $$ limit?

You guys don’t understand the meaning of the word “propaganda”. You just throwing it around because you think it’s a big word.

That’s why you have to read the whole post to understand it so you won’t be like that dullard Obi that respond based on headline. In the post, you’ll see where they mentioned businesses in Nigeria will be able to spend it within and outside the country.

As a leading credit company, Amex and their partners would have consulted with the CBN on the modalities for the in-country own. It’s not a big deal.

LegendHero:


lol, the joke is on bitter Obi.

Straight outta WhatsApp group 😂

LegendHero:


Yes, so how is that not useful?

Did they say you can’t spend the dollar card for Nigeria businesses?

Let's pretend we are having an intellectual discussion and not the usual sentimental,beer parlour discussions common on nairaland of recent;how does Nigerians getting dollars to fund their credit account of benefit to the Nigerian economy?
If you are still sourcing for dollars to fund frivolous spending,how does that help the present dire foreign currency situation we find ourselves in?

Agbado hanging on to any hope of propaganda for their useless balablu government ebin pawa ooo

Of what importance is it to our economy?

Tomorrow dem go kick against AMEX as the cause of the Dollar smack down against the naira. Just give it time

LegendHero:

Company bringing investment and you are still very bitter. Bitterness and bitter Obi supporters are like 5&6.

Below is my two Amex card (both corporate and personal). Bringing this to Naija and giving business the luxury to have $10k limit for starters is a good step. You don’t need to be bitter about every news like Obi.

Why did you cover the chip?

What the hell will Nigerians be doing with an American Express card. Anything to squeeze out money from rich Nigerians and Yahoo boys

They want Nigerians to be buying almost everything on credit lile their people

AqualinaXYZ:
No worry Tax collector will Show them way out





Drug dealer

Try and learn

Credit cards are better than debit cards

If you shop online and buy a defective item, you can request for a chargeback on the card and the money will be refunded

https://www.forbes.com/advisor/credit-cards/what-is-a-credit-card-chargeback/

LegendHero:


What is an investment?

If as a small business, I have access to $10k credit card that I can spend easily abroad and repay back within some certain time frame or at least pay the monthly minimum interest, is that not an investment?

The money AMEX is bringing to the Nigerian market to service that, is that not investment?

I know you have never used a credit card before, so you won’t understand. It’s only poor people that sees access to credit as a disadvantage.

You're so shameless sir. If the bolded is what you celebrating as Investment, then you no get levels at all.

Onigbese debtor!

Na people like you dey borrow money from Sokoloan.

Lizzysamuel you no supposed dey argue with this guy na, He no get shame at all.

Glock22:


Why did you cover the chip?

Because it's not even his cards

AqualinaXYZ:
No worry Tax collector will Show them way out





Drug dealer

I'm loving what Tinubu is doing to the zombiedients.half of them are no more mentally stable. Peter Obi should stop donating boreholes and start building mental hospitals for his zombie followers

Nigeria is in for trouble

How's this a good thing

It will put more pressure on our dollar demands

LegendHero:


What is an investment?

If as a small business, I have access to $10k credit card that I can spend easily abroad and repay back within some certain time frame or at least pay the monthly minimum interest, is that not an investment?

The money AMEX is bringing to the Nigerian market to service that, is that not investment?

I know you have never used a credit card before, so you won’t understand. It’s only poor people that sees access to credit as a disadvantage.

Leave them. They think this is GTB or Ecobank dollar debit card. Most Nigerians don't know what credit card is. What we have here mostly is debit card both naira and dollars. AMEX is acceptable worldwide just like Visa and Mastercard. I'm glad an omoluabi is behind this as usual. They are the king of Fintech and the service economy in Nigeria while the hateful tribe mostly sell fan yogo and dirty used clothes calling it business

Long overdue AmEx.

I hope Naira to Dollar conversion would be seamless too.

amaridigital:


Leave them. They think this is GTB or Ecobank dollar debit card. Most Nigerians don't know what credit card is. What we have here mostly is debit card both naira and dollars. AMEX is acceptable worldwide just like Visa and Mastercard. I'm glad an omoluabi is behind this as usual. They are the king of Fintech and the service economy in Nigeria while the hateful tribe mostly sell fan yogo and dirty used clothes calling it business

Tribalistic comments make you daft. You are first a Nigerian before wherever you come from.

Lizzysamuel:


So all the EFCC and CBN razzmatazz with Dollar holdlers is now exercise in futility?

So we can start using dollar to pay for bills in Nigeria?

Do you see how confuse you sound?

honestly you are very dull shall, despite all the free education the guy has been giving you.

LegendHero:


The major reason why most developed countries flourish is access to capital that their citizens have.

If people have access to capital with low APR, everyone can get a credit card or business loan, then use it for their business, after which they gain profit and then pay back bit by bit. That is the only legit way to give the son of a nobody access to compete.

Imagine a guy that just finished NYSC have quick access to like $5k to start a business of his choice, isn’t that better than him running around to beg people before he can find a 1milli worth business?

My reply is not for you because you can’t understand. My reply is just for other Nairalanders.

Lol......it's not easy to even qualify to get a credit card, you must have a proven and solid source of income. To get access to a 5k dollars, you will need to make more than 2million naira monthly.

LegendHero:


lol, the joke is on bitter Obi.

Its amazing the number of nonentities and nitwits attacking you, and this shows that a lot of Nigerians are actually worse than their leaders.

When a company brings a facility to another country, their products or services is not for everyone.

This service will help a lot of Nigerians who needs capital or who earns in dollars. There are a lot of Nigerian freelancers that earns in dollars, and I believe this will help them. Credit cards does not mean you have to owe the bank. You can have $1,000 cash, and then put that on a credit card. As long as you replace the money before due date, you won't pay interest except for the monthly charges. The credit card can be used to pay for your LinkedIn premiums, buy connects on Upwork, pay for Apple subscriptions, etc, without having to use your naira Mastercard. This saves you money. You can purchase travel tickets etc without breaking a sweat. Those who need this service will utilize it. And hopefully, Amex will employ Nigerians to manage this business.

Imagine earning in dollars as a freelancer and you travel to the U.S. Unfortunately, your client has not paid and you need to make some purchase. You can simply use the credit card, and when your client pays, you return the money. Using Naira Mastercard overseas is not often the best. By the way, credit cards also offer some perks like hotel points, airport VIP lounge access, etc

Haven't been to Nigeria in 8 years, but every time I come on Nairaland, the amount of illiterates here shows Nigeria is in trouble.

seborrhic:

What is even the win here?
Is the card not going to be funded in dollars?

Haba is that one a question? They will have to bring a lot of dollar to fund their business na, that will bring in alot of the needed liquidity. Though they will pull out their profit every once in a while but they also keep bringing in fund to run their business.

Lizzysamuel:


So all the EFCC and CBN razzmatazz with Dollar holdlers is now exercise in futility?

So we can start using dollar to pay for bills in Nigeria?

Do you see how confuse you sound?

Abeg just stop na. They are coming in with enough greenback to run their business na.

All foreign investors do. The only time you will feel the effect is when they want to pull out fund and you don't have enough dollar.

LegendHero:

Company bringing investment and you are still very bitter. Bitterness and bitter Obi supporters are like 5&6.

Below is my two Amex card (both corporate and personal). Bringing this to Naija and giving business the luxury to have $10k limit for starters is a good step. You don’t need to be bitter about every news like Obi.

Dude you went to do Photoshop of cards, Jesus! You guys are a bunch of losers 😡

Have it in mind that you need to send gift to your clients abroad to make them happy and love you more including trusting you🥳🥳🥳

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CAKE 🎂
PIZZA 🍕
PILLOW🛌
FOOD
PEPSI 🍷🥂
CHOCOLATE🍫
BURGER🍔
Love Machine🍆
PANTS OR BRA
LETTERS/CHECK'S📃

For quick delivery 🚚 to your clients address.. same day delivery available.

We also sells USA 🇺🇸 , Canada 🇨🇦 ,Uk 🇬🇧 Australia 🇳🇿 numbers for WhatsApp.

E-transfer & picker Accounts available @sweet rates.

Contact: 0.8.1.6.2.5.0.4.2.2.5

Cindypresh:


Untop this poor photoshopping😂

wow so the guy did Photoshop? loool, he wanted to play smart. If you check, that guy has never traveled abroad

LegendHero:


What is an investment?

If as a small business, I have access to $10k credit card that I can spend easily abroad and repay back within some certain time frame or at least pay the monthly minimum interest, is that not an investment?

The money AMEX is bringing to the Nigerian market to service that, is that not investment?

I know you have never used a credit card before, so you won’t understand. It’s only poor people that sees access to credit as a disadvantage.

You are lying where is your business domiciled? You put up fake cards to prove what point? Loser

LegendHero:


lol, the joke is on bitter Obi.

what is the name of the business and where is it domiciled, that is all...