Recharge card printing and selling a business is becoming old fashion and everyone is moving to Cardless Vending (Virtual Top Up) VTU Ecosystem,
I am going to teach you How To Sell Airtime and Data Online with Very Low Start-Up Capital…
In fact, You see how much bank makes selling airtime online with USSD and Mobile App without a Website.
Imagine that for website and as business 😎
And how Recharge And Get Paid created a website that sells Airtime, Data, TV Subscription, electricity bill and others Without Printing a Single Recharge Card.
Even if you have started reselling data and recharge card business before and want to make it automated Via a website or mobile app, just like Bank.
THIS POST IS FOR YOU!
Not A Rocket Science,
You must first know What VTU stands For and its Meaning.
Do not worry,
I would tell you for free.
Right Here, Right Now.
What VTU Business is all About: is Selling Telecom and Virtual Service Online.
Now, you know what is VTU and its features.
Let’s dive straight into showing you how to print Recharge Card Online like Bank,
Recharge Card Selling Business is more Profitable if you Sell Airtime And Data Online.
Creating VTU Website For Recharge Card Selling Business
The First Step to Create your own website without coding is using WordPress
But, WordPress alone can not be used to create a bill payment website and VTU portal.
You need to an extra configuration or a WordPress plugin to do this.
I bet you can’t find any easy plugin for this in Nigeria in the WordPress directory,
Not even the almighty WooCommerce.
Can’t do that without a technical developer configuration.
Now, Let’s see how to create a recharge card website with ease.
In this tutorial, I would be using a plugin called VTUpress.
VTUpress is a VTU WordPress Plugin that creates a Bill payment website, VTU Website in with just by installing the plugin and activating it on your site.
Easy to set up, allow custom API up to 8 for different services.
You can use different APIs for different services, such as airtime has a separate API, DATA has a separate API.
And so on.
If you are Nigerian, you do not need to pay in dollars for a premium plugin here.
It was created by African developers with Nigeria in mind.
Here are some features of the VTUpress Plugin.
VTUpress Plugin Feature And Pricing
- Unlimited Website
- VTUpress Addons
- Unlimited Users
- Unlimited Resellers
- Full Developer Support
- 8 Custom APIs
- Multiple Payment Gateways
- Recharge Card Printing
- Exam Pin Vending
- Three Level Multi Marketing [MLM] System
- Developer Support & Update
- Integration Of Custom API.
Is that not huge!
Now how much?
VTUpress has 3 plans and also come with a free 3 days trial.
Aside from the free trial, VTUpress has Personal Plan, Premium plan and Agency package.
Personal Plan is billed yearly for ₦10,000 naira, Premium plan for ₦35,000 and Agency Package (Lifetime package) for ₦100,000.
See the VTUpress Pricing page for more details.
Let’s move further,
After choosing a plan that is right for you.
Next thing is to set up your WordPress site and install VTUpress Plugin in it,
Activate and set up your pricing, if you are not too techy.
VTUpress developer team can handle the whole process from start to finish.
After the Activation and set up of API pricing, you are set to start selling airtime and data online.
Also, you would be able to vend recharge card pins and print them to your A4 paper or just sell online automatically.
Still do not understand this process, contact James Okwise on WhatsApp: 07055487338
Read Also: Top Websites For Printing Recharge Cards in Nigeria
Alternative Ways To Start Recharge Card Selling Business in Nigeria
Alternatively, you can start a recharge card business offline without having to make use of the VTUpress plugin that enables you to sell recharge cards online.
The recharge card business is quite profitable in Nigeria as long as you have a very strong customer base, and also the availability of mobile networks at your business location or where you reside.
This business anchor on the fact that people must recharge their phones daily to make calls, buy data, and do many business transactions.
Follow me here as I show you seller level
Starting a recharge card selling business offline involves the following steps;
1. Mega Dealer
This involves big recharge card merchants that buy the cards and pins in large quantities directly from the major mobile operators in Nigeria, like Glo, MTN, 9Mobile, Airtel, Ntel, etc. They are known as the mega dealers in the recharge card business.
In the pyramid of the recharge card business, the mega dealers sell directly to the wholesalers. However, the cost of becoming a Mega dealer in Nigeria is very high and requires about 10 million nairas.
2. Wholesaler
Recharge card wholesalers buy directly from Recharge Card Mega Dealers at a discounted price and they, in turn, sell to the suppliers and retailers.
It is estimated that recharge card wholesalers make between ₦5,000 to ₦15,000 daily.
3. Supplier
As a recharge card supplier, you will be buying directly from the recharge card wholesalers and selling to the retailers.
Recharge card suppliers are often referred to as the middlemen in recharge card business in Nigeria. It is estimated that a recharge card supplier earns between ₦2,000 to ₦5,000 daily or even more.
However, to succeed as a supplier, you will need to have a motorcycle or even a bicycle, which is also a necessity to reduce the cost of transportation for you.
You will need a capital of at least ₦50,000 to ₦100,000 to fit into this smart business. The chances of becoming a recharge card wholesaler under one or two years of operating the business are high.
4. Retailer
This involves starting at the retail shop end and selling directly to the consumers. When starting the business this way you purchase the cards from wholesalers and go on to sell to the consumers making a bit of profit.
To make the business boom, you can add other sellable items like snacks and drinks that will attract customers to your shop and make them buy more from you.
If you have good capital for this business, you can operate both as a retailer and wholesaler. With time coupled with a good customer base, you will be earning close to ₦170,000 monthly.
I think from my assessment, starting a recharge card selling business either as a retailer or wholesaler is far better than sticking with a white-collar job that limits you to a monthly salary of about ₦40,000 to ₦70,000 and gives you no time for other personal financial growth.
You will agree with me that surviving in Nigeria with a monthly salary of ₦50,000 is becoming practically impossible going by the high cost of living.
Recharge Card Wholesale Price in Nigeria
If you are looking forward to starting a recharge card wholesale business, it is important to understand the requirements and most especially, the cost involve to start the business.
What then is the recharge card wholesale price in Nigeria?
It is estimated that you will need about ₦500,000 to successfully run a wholesale recharge card business in Nigeria.
Conclusion: Start Recharge Card Selling Business in Nigeria
In conclusion, the Recharge card selling a business is an evergreen business in Nigeria that will continue to flourish due to high demands to make calls, data subscriptions with our mobile phones.
If you are looking forward to investing in this business, you can start with VTUpress by creating a VTU website where you can sell airtime and data online. Or you can start either as a dealer in Nigeria either by wholesale, retailer or supplier.