If you are looking for a new opportunity to make some side income, then this guide is for you. The business of printing recharge cards is a very profitable venture, even when countless of other people are entering into the space to do the business several opportunities to get started and make good money selling Network vouchers or recharge PINs.
Why start a recharge card printing in Nigeria?
You will need to clear some doubts and find out more about the business. One of the most asked questions about the recharge card business by those who want to enter freshly into the business is; if it’s that profitable and what is the prospect and good side.
One of the biggest advantages of the business is the fact the number of mobile phones will only grow in the coming years, this can be attributed to Nigeria joining mobile country more than 10 decades ago, since then the country has witnessed time after a growth in the use of mobile and other related products/services.
The mobile penetration in Nigeria will only grow to be something bigger, people need the airtime, to makes calls to friends and families send messages to people may be for official or personal needs and many other things.
Much more airtime is used to subscribe for data plans in other to have wholesome access to the internet and surf the web. As reports have Nigerians spent an average of 300 Billion Naira annually on recharge cards and call vouchers, and you can get a fair share of that profit if you follow the right channel of the business.
All these established that recharge card business can still be very lucrative even in the year 2019. If you can put up with some good business skills and strategize well on how to grow then with time you will do well in the business.
How can you start recharge card business?
To become a recharge card reseller, there are some basic information and requirement you need to have at your fingertips. IT requires you to have connections with a major recharge card dealer, recharge card printing machine, software, and PC.
The recharge card dealer will be responsible for selling the encrypted PINS which you need to print in hard copies on vouchers before sales. However, pls mind that there are many scammers out there who wants to take your money, so be sure to only break bulk from registered companies and well-trusted entities if you need to deal with an individual.
Once that is taken care of, you will need the below equipment in order to start printing out the cards before selling.
Email address to receive PIN from Dealer(s)
- Voucher/recharge card printing machine
- Software for decrypting the encrypted PIN codes sent to you in the email
- Recharge card printing machine.
- A3/A4 paper for printing out the recharge cards in small leaflets
- Funds to start up the business
You can use special software called e-PIN manager to print your recharge vouchers online. In this case, some dealers usually offer to give their customers small printing machines like the ones used at POS terminals to print the cards, this will reduce your cost of getting big printers and Computer and thus reduce the cost you need to start up your business.