Best Method to make Money by Selling Recharge Cards:

    money in Nigeria is to start a
recession-proof business . That is, a business whose
products or services are everyday necessities and are
always in huge demand; regardless of the state of the
economy. One of such businesses is recharge card
printing and selling.
There are about 80 million active mobile phones lines in

Nigeria—that’s about half of the country’s population.
And the average phone user buys recharge cards every
week. This, coupled with the fact that communication
over the phone is now an everyday need, explains why
printing and selling recharge cards is a very profitable
business.
If you are looking to start your own small business and
are completely at sea as to which option to go for, then
you should consider starting a recharge card printing and
selling business. The required startup capital is minimal,
you don’t need any formal qualifications to get started,
and you can start making profits as in a matter of days to
weeks.
Does this business idea pique your interest? If YES, then
read on to understand the basics of the business and the
steps involved in getting started.
How to Make Money Selling Mobile Recharge
Cards Online
What do you need to get started?
As with any other business, starting a recharge card
printing and selling business requires putting something
in place. These include:
A PC (desktop or laptop computer )
A laserjet printer
A software package for printing recharge card
A reliable internet connection
Recharge voucher PINs (obtainable from dealers)
The zeal to succeed
N10,000 or more to start with
How much can you make from recharge card printing
and selling?
The recharge card printing and selling business is
volume-based. How much profit you will make weekly or
monthly depends on how many cards you print and sell.
On each card, you can make a profit of anywhere between
N5 and N10. The more money you invest, the more cards
you can print, and the more money you can make.
However, aside capital and rate of production, many other
factors influence how much you can make from the
business. These include the competition, your marketing
skills, and selling margin.
What are the options for getting started?
There are three ways to break into the business of
recharge card printing and selling—as a dealer, as a sub-
dealer, or as a small-scale printing business. What do
these options mean?
Being a dealer means setting up a dealership or agency
arrangement with the service providers. As a dealer, you
will be issued card product licenses by the service
providers and maintain direct correspondence with them.
This is the most lucrative of the three options, but you will
need a huge amount of money—about N1m or more—to
get started.
A sub-dealer is not licensed by service providers and
does not have direct correspondence with them. Sub-
dealers depend on licensed dealers for generation of
recharge card PINs, but they print and distribute recharge
cards in huge volumes—hundreds of thousands to
millions. To start out as a sub-dealer you will need
around N400,000.
Small-scale recharge card printing entails buying already
generated PINs from dealers or sub-dealers, printing
them out, and selling them either to recharge card sellers
or directly to consumers. There are two ways to print
recharge cards on a small-scale level: you can either
print them out over the internet or use a voucher printing
machine belonging to a franchise company.
What are the steps involved in printing recharge cards?
For small-scale recharge card printing, the process is
quite straightforward and there’s nothing complex about
it. Here are the steps involved:
Connect your PC to the Internet (if you don’t have
a PC, you can use a cybercafé—but having your own
PC is highly recommended ).
Register with a company that has been licensed to
generate recharge card PINs.
Download the company’s custom card printing
software package, and install it on your PC.
Order for recharge card PINs through the
company’s website and pay the required amount for
the number of PINs you ordered. After making your
payment, notify the company by sending the
transaction details to them via text or email (you can
also call them for quicker response).
You will be sent encrypted PINs that can be read
and interpreted only by the company’s custom
software.
Use the software on your computer to print out the
PINs.
Recharge cards are fast-selling commodities, so you will
hardly go wrong with this business. If you are armed with
the relevant information and aggressive marketing skills,
you can become a millionaire by printing and selling
recharge cards.