Facts About GSM Users and Credit usage in Nigeria.Do you know?According to NCC , we have over 165 million active GSM LINES in Nigeria as at September 2018.Telecoms Average Revenue Per User in Nigeria is N2,000 per month, therefore Monthly airtime usage per month is N330 Billion Telecoms NOW is focusing on Virtual Top Up than logical sales (Paper recharge)Quickteller is the biggest airtime dealer in Virtual Top Up, doing N3billion every month.Super Dealers of GMS Networks retain 1% commission on recharge cards sold and Quickteller retains 5%.You can own your own Business Selling Airtime Recharge like Quickteller and earn up 5%Why is VTU now in Vogue?Recharge Card Business is fading out gradually, VTU is taking over This is an outstanding Business to Put your Money, even the Commercial Banks will not give you this kind of commission as Interest on your Savings, What is Airtime Credit Virtual Top Up (VTU)?The well known way of loading a phone with airtime credit is by buying a Paper or scratch card and then loading it on your phone with a USSD code. The other way is the digital method called Virtual Top Up (VTU), with VTU, the phone will be directly credited by the vendor and there will be no need for scratching a card or loading with USSD. The buyer will just receive an alert that his or her cell phone has been topped up. Virtual Top Up therefore is a digital way of selling airtime credit automatically. The well known and popular way by which vendor uses VTU is by buying a VTU SIM Card, for example MTN VTU SIM Card, or Glo VTU SIM Card and then loading it with with an amount of money that will then be used a capital for vending the recharge card.The advantage of this is that:You will not need to carry Paper Recharge or Recharge Cards, helps you reduce messy Paper work and mix ups.You can sell airtime on the move, so we can call it a Mobile Recharge Card business.The disadvantage of this is: You will need to buy a SIM Card for each network and also load Money on each network in order to be able to Vend. So you will need 4 SIM Cards, at least 5,000 naira credit value on each card and four phones or 2 double SIM Phones to carry all the SIM.HOWEVER, VTU VENDING BUSINESS JUST GOT BETTER WITH OUR VTU PACKAGE How Our VTU web Solution Platform Works We now have a new innovation and more effective approach to Telecom Vending in Nigeria. This has taken care of the demerits of the SIM loaded VTU and high cost of purchasing Airtime, Data Subscription, Epins, Bill Payments. With our Store application, your user and you can do the following: Use One portal, just Activate our store VTU Selling platform as a store owner, you or your user can also access your store portal on a Web Platform or through your Mobile.Benefit as customer, If it is N1000 naira only you have to start, you will be able to use the money to vend/sell ALL NETWORKS (MTN, AIRTEL, GLO, ETISALAT), Buy Data, Pay Bills, Buy Epins .You can use any type of phone to vend airtime credit instantly.
www.billpayz.ng VTU is a leading VTU provider and a strong partner to most top Tele-Com Companies across Nigeria. We have lunched our tele-com service since 2016 and we are here to ease the way you top up your phone and to give you all in one solution to all your Mobile related subscriptions needs.Our VTU Online store Business gives you opportunity to earn a residual income every month.Our VTU Online store Business is first of its kind in the industry and across the whole state in Nigeria, it affords you an opportunity to earn from the over 330 Billion Naira monthly spend on airtime in Nigeria with a very little capital
What strategies can individuals use to earn residual income of over ₦200,000 monthly with a VTU business in Nigeria, and what tools or platforms are essential for success?
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