To secure a job or work can be a huge challenge, especially during a pandemic like COVID-19 and economic recession. Some employers are even cutting down salaries. This means that you will need some extra income.One of the ways you can raise that extra income is to start a side business. What better business to start than a VTU business in Nigeria? Surely, this isn’t the first time you are hearing about this.VTU businesses cater to customers who need to pay for data bundles, airtime recharge, electricity bills, cable subscriptions, etc. Guess what, you can start this business with just N500.Explaining VTU and how it worksWhat exactly is VTU? VTU is an acronym that stands for Virtual Top Up. Many people also know this business as Recharge and get paid. It is one of the most famous businesses among young individuals in Nigeria.So how does this business work? It involves a dealer recharging the line of the service subscriber through the dealer’s account number. This process doesn’t require the use of a recharge card or USSD code.Why start a VTU business in Nigeria?You must be wondering why you should start a VTU business in Nigeria. There are tons of reasons why but let’s share a few with you.Instant notificationsWhen you carry out a transaction, the client receives a notification almost instantly. With this, you are sure that there will be no arguments with your clients.Convenience and securityThe VTU business is one that offers you lots of convenience and security. You can run your business from any location and you don’t even need to meet the client physically. The business is also very secure since you have security codes that protect each transaction.Requires little capitalThis business is perfect for individuals who don’t have so much funds to begin. With as low as N500, you can start a VTU business in Nigeria. We will show you how before the end of this post.High demandPeople will rather make purchases from their homes than step out. VTU business meets this need which is why there is a high demand for its services. Another reason for the high demand is the flexibility of the platform. You can recharge less than N100 using VTU. Of course, you cannot buy any recharge cards from vendors at that amount.How to make money online through VTU business in Nigeria By now, you must be itching to know how to start VTU business with little capital. We will show you how in this section. So far, we have established one fact, this business is one of the cheapest to start and run in Nigeria.Here’s all you need to start your VTU business:An internet-enabled deviceThis business cannot run without an internet connection. You need a device that connects to the internet. Most people make use of a smartphone for this purpose. You’ll also need to subscribe to internet services with any of the service providers in the country.Instant messaging accountYou need an account through which your clients can reach you. Like we stated above, many times, you will attend to customers virtually. As such, you should have Whatsapp, Instagram, Twitter, and Facebook accounts.Funds/CapitalThis business is not one that requires much capital. With as low as N500, you can start your VTU business.A physical shopThough this is optional, it works well for this business. People tend to trust you more when you have a physical store even if they’ll never come there. You can partner with a phone or phone accessories seller to share their stand if you don’t have enough funds.Cheapest VTU Platform in NigeriaFor now, the cheapest VTU platform in Nigeria is billpayz.ng . It presents you with an app known as the billpayz.ng One app. Once you register on this platform, you can start running your VTU business. the steps below should make the process seamless To get started, signup free on www.billpayz.ng
