The recharge card printing business is undoubtedly one of the most popular businesses in Nigeria right now. People are flocking to get involved and start earning money.
Almost all of today’s mobile phone users in Nigeria have purchased recharge cards at some point.
Nigerians extensively use data and airtime to make calls and access the internet. In this article, we’ll discuss how to start recharge card printing business in Nigeria.
Statistics have shown that approximately 80 million mobile phone lines are in use in Nigeria (which represents almost 50% of the nation’s population).
Recharge cards are also purchased on average every week by phone users.
Why Start Recharge Card Printing Business?
One of Nigeria’s best ways to make money is through the recharge card printing business. This business is resilient to economic downturns.
Despite the economic crisis, thousands of phones are sold each day. Imagine the millions of recharge vouchers individuals buy and load each day.
You can start making money in a matter of days to weeks, you don’t need professional qualifications to get started, and the initial capital requirement is shallow.
There are several ways to start the recharge card printing business. These include:
- As a dealer
- As a sub-dealer
- As a VTU agent
1. Recharge Card Printing Business Dealer
Setting up a dealership or agency relationship with the service providers is part of becoming a recharge card printing business dealer. The service providers will provide card product licenses to you as a dealer, and you’ll keep up a direct line of communication with them.
Dealers make money based on their ability to identify turnover wholesalers by selling to them in huge volumes. The most lucrative choice of the three options, becoming a dealer, requires an investment of between 14 and 22 million Naira, making it the most expensive.
2. Recharge Card Printing Business Sub-dealer/Wholesaler
The service providers do not directly interact with sub-dealers and do not license them. Sub-dealers must obtain recharge card PINs from authorized dealers. Still, they produce and distribute recharge cards in colossal quantities—from tens of thousands to millions.
With the wholesale option, starting costs of between 70,000 and 120,000 are relatively low. For you to be able to generate sales and earn money, you must understand how to advertise yourself to retailers.
3. Recharge Card Printing Business Small-scale/Retailer
Purchasing pre-generated PINs from dealers or sub-dealers, printing them off, and selling them straight to customers is a small-scale recharge card printing business. These groups of people buy straight from the wholesaler and sell to the recharge card sellers and end users.
Let’s go over several methods you can invest in the recharge card printing business with very little starting capital.
A Small Scale Recharge Card Printing Business Can be Started in Three Key Ways:
1. Print Recharge Card Online
To Print recharge card online is the simplest approach to starting a recharge card printing business in Nigeria. You can accomplish this without a POS system, software, or hardware. All you need is an internet-connected computer or smartphone.
You will register with authentic and trustworthy websites to print recharge cards online, where you may immediately top up people’s phone numbers and make money from each transaction.
Some websites will also give you a referral commission for each person you send their way.
To start to print recharge card online, simply create an account on the website, add money to it, and then you can begin ordering vouchers after the company funds your wallet.
Your commission rises in direct proportion to the denomination.
Benefits of Printing Recharge Card Online
- When creating a recharge card online, no fees or costs are involved.
- It is free to create
- It is an easy and quick process.
How to Print Recharge Card with a Phone
You can use numerous websites to print recharge card with a phone.
A website that provides unfettered access to upload recharge cards E-Pins you purchase from any Nigerian dealer and print airtime for every Nigerian network.
You may use your smartphone or laptop to produce recharge cards for all Nigerian networks through a website like PrintAirtimeOnline.com.
Print Airtime Online is a website for printing recharge cards that allows you to start a recharge card printing business using your phone.
So how do you get started?
- Register with the site and add ePins.
- Create vouchers with ePins.
- Voucher can be printed by sending it to the printer or by saving it as a PDF file and printing it later.
You only need a printer. If there isn’t one, you can save the vouchers as a PDF file and still print your coupons later in a business centre with a printer.
Here are the steps in detail:
Step #1. Create an Account
Go to www.printairtimeonline.com and create an account.
Step #2. Get Activation Code
A generated activation code will be sent to you once you’ve successfully registered your account, allowing you to activate the account.
The activation code costs about N9,500. (Price is subject to change).
Step #3. Sign in to Your Account
After making payment, you must log in to the user area, upload your e-pins, and either export them as PDFs or print them as airtime vouchers and sell it to your customers.
Once you have mastered using the platform for printing recharge cards, you can purchase E-Pins from any Nigerian recharge card printing business dealer and utilize the portal to print them out as airtime vouchers.
Any reputable epin dealer in Nigeria will sell you bulk pins. The application is straightforward and available to everyone.
That’s how to print recharge card with a phone.
2. Printing Recharge Card Using POS Machine
The POS recharge card printing machine is a helpful tool that enables you to produce recharge cards at the point of sale. You will only print the recharge cards as needed. In other words, you are not required to carry about a bag full of recharge cards. The technology included in point-of-sale systems guarantees a quick and secure transaction.
The network of the POS device includes MTN, Airtel, Glo, 9Mobile, Visafone and Starcomms. Additionally, it may be used to load DSTV and GOTV smart cards. Due to the cards’ thermal printing, A4 paper is not required.
This recharge card printing machine can be linked to your bank account so that customers can use their ATM cards from any bank in Nigeria to pay for your products and services.
You don’t need software, an internet connection, a printer, A4 paper with ink, an email address, or any other standard prerequisites that go along with the traditional method of printing mobile recharge cards.
It is a highly portable device with a battery that, when ultimately charged, can last up to 8 hours.
If someone comes up to you and wants to purchase an MTN recharge card for 100, you only need to take up your POS, hit the MTN button, type 100 and then send. Your 100 MTN card is printed out immediately.
To use this option, you must get in touch with one of the authorized distributors of the mobile network and then purchase their cash base machine.
After that, you can begin printing the different network recharge cards by adding money to your account.
You can fund your account individually through the distributor you bought the POS.
You might choose to deposit as little as N5,000 into their account to have your account credited.
Depending on the rate they offer, you can begin generating recharge cards in various denominations once your account has been credited.
Your account is debited per each print you make for a specific denomination.
Most people have entered the recharge card printing business using this strategy.
Benefits of the POS Recharge Card Printing Machine
- Since vouchers are not kept, there is no possibility of theft.
- Ordering and holding stock is not necessary.
- No required minimum order amounts
- immediate delivery
- Vouchers are consistently available
- Easy to use
- On-demand sales of airtime day and night
- Managing sales and profitability statistics on a daily and monthly basis
- It notifies you when your account balance is about to run out and suggests you visit the bank to top it off.
- Your transactional data is stored in full on the server for a full 7 years. After which, the records will be inaccessible.
- The owner also has a password for the device. This indicates that the machine can only be accessed by the owner.
- You do not need to purchase a separate printer to print the recharge cards because the machine has a built-in printer.
- Printing the recharge cards doesn’t require an internet connection.
- It is also lightweight and convenient to carry everywhere.
3. Printing Recharge Card with a Recharge Card Printing Software.
If you are going for this option, here is a list of the things you need:
- A minimum of ₦10,000
- access to a computer, not necessarily your own.
- A colour or black-and-white printer.
- Software for printing and the license key needed to use it
- Access to the internet (for when needed to download e-pins from your email).
- Dealers of e-pins who are trustworthy and legitimate.
- It’s also necessary to have a USB (flash drive). If you don’t have a personal computer, you especially need this (if you are using someone else’s computer).
- Pre-printed Papers are required; dealers will provide them upon request. After then, any printer can print copies for you. Plain papers can be utilized as well.
The E-PIN manager, commonly known as universal recharge card printing software, allows you to easily print recharge vouchers for any network (MTN, Airtel, Glo, 9mobile, Visafone, and Starcomms). It includes additional functions that no other software of its kind can or has provided.
It works with ePins bought from any Nigerian recharge card dealer.
Even a complete novice can use the user-friendly interface and understandable modules.
The e-pin manager will request a license key once you have downloaded it to activate it.
After activation, the e-pins you bought from the dealers will be uploaded into the e-pin manager, where you can print them out using your computer.
Your email address will be provided to the dealer you are working with. Payments will be made for the PINS to the company’s account number and a text message detailing the number of electronic pins you desire.
Example: I need MTN 100 (100 PINS), which I have deposited into your account. (mention company’s account name), then your email address.
It is relatively easy to start a recharge card printing business in Nigeria. Whether you want to print recharge card online with a phone or computer, POS recharge card printing machine or card printing software. You just need to decide on one of the methods and follow the procedures mentioned in this article.