How to make money selling recharge cards in Nigeria

Printing and selling of recharge cards has become a profitable big business in Pressinformant which required a small startup cost.  It is surely one of smartest ways to make money in Nigeria.

This business is huge in demand considering the overgrowing population in the country. According to statistics, there are over 100million active mobile phone users in Nigeria and almost half of this population buys recharge cards every week.

In this regards, you can rightly see that printing and selling of recharge cards is in no doubt a very profitable business in Nigeria that has a big market demands.

If therefore the question in your mind is how to start a small business in Nigeria or how to start a small business with a minimum capital, then printing and selling of recharge card is worth to consider.

HERE ARE THE STEP BY STEP INVOLVES TO MAKE MONEY PRINTING AND SELLING OF RECHARGE CARDS.

Just like every other businesses, printing and selling of recharge cards requires some techniques, which include

• A pc ( it can be a laptop or a desktop computer)
• A printer (it can be a colored or black and white printer)
• A flash drive (this can be very useful if you are using a cyber café)
• A software package for printing recharge card
• Internet access
• Recharge cards PINs

The amount of money you realized from selling and printing of recharge cards business depends on the amount of money you invested. The more cards you print, the more money you can make, at least on each cards you print, a gain of N5 or thereabout is expected.  Having the skills to market your business will also play a significant role on the profit.

To do this business, it is either as a dealer, a sub dealer or as a small scale recharge cards seller.

To be a dealer, a huge sum of money ranging from 1million upwards is required. A dealer will procure a license directly from a service provider and a medium to communicate directly with the service providers will also be granted.

To be a sub dealer, a sum of about N300,000 is required to start printing and selling of recharge cards. A sub dealer is not licensed and cannot communicate directly with the service providers. A sub dealer depends on a licensed dealer to generate recharge card Pins. As a sub dealer, there is no limit to amount of cards that could be printed.

A small scale recharge cards seller approaches a sub dealer to buy an already generated Pin and sell cards to the consumers. A small scale recharge card sellers can also buy in order to sell to other recharge card sellers.  On a small scale level, recharge can be printed either directly via the internet or with the use of voucher printing machine from a franchise company.

What are the steps to take in printing a recharge cards

• It is very simple to print a recharge card as a small scale seller. It is very simple and the processes include:
• Laptop or desktop computer: Connect your laptop or pc to the internet. You can as well use a cyber café.
• Install the company custom software on the PC
• Consult a company that has licensed and register with them in order to generate card PINs.
• Visit the website of the company you registered with and order for the card PINs online. You can notify the company of the payment by calling them directly or by uploading the payment receipt.
• The company will forward encrypted PINs to you and these PINs can only be read and interpreted by the company software. The software is used to print out the PINs on your computer.

Printing and selling of recharge cards is in no doubt a business that can make you a millionaire if you follow the right approach as highlighted in this article.

LIST OF COMPANIES YOU CAN REGISTER WITH FOR CHEAP RECHARGE CARD PINS INCLUDE:

MTN Nigeria , Glo Nigeria, etisalat And many more