Recharge card business in Nigeria is very lucrative, provided you have enough money to start and run it effectively. It is a business you can start anywhere in the country without fear of low patronage provided there is GSM Network services and people are living there. Once you have the money to start, you are good to go in your own little way.
This business is capable of making you good money if you do it well. I wrote a my first book on “GSM Business” in 2008 but have since retired it since most of the subject matters are no longer relevant in today’s market. The business changes day by day and you need to know about these changes to stay afloat.
SEE ALSO: Top 15 Business Ideas That Makes Money In Nigeria
No business has been hyped and over hyped as does Recharge Card Printing Business in Nigeria in recent time due to selfishness and desire for quick gain. Contrary to Seminars and eBooks claims, Recharge card (printing) business is not a business you can start with N10,000 and becomes profitable. No, it’s not possible to make reasonable gain with that amount except you are mixing it with another business as a fraction of your existing business.
E.g: You have a provision store and decides to sell recharge card as part of your provision items, or you have restaurant and decides to offer recharge card sells as compliment to your food business, mainly to satisfy your customers so that they can relax and load their phone after eating without having to move around to buy it. This way, the little gain you make from the recharge card will add up to the general gains in your business
If you want to start recharge card business as “Independent Business” that is, selling only recharge voucher on a small scale, you must start with nothing less than N100,000 if you really wants to make reasonable profit. The reason is because the profit margin per card is so low that you have to sell plenty to make any visible gain. That means you have to start as a wholesaler, selling in bulk to retailers who combines it with other businesses.
Profit In Recharge Card Business
The profit you make per N100 recharge card is not more than N5. Therefore, for N10,000 worth of cards, you will be making N5 x 100 = N500. So, how do you expect to become a millionaire with just N10,000 recharge card that yields about N500 profit?
However, if you start the wholesale with N150,000 and sell to retailers, you are sure to sell N100,000 worth of cards everyday as long as you have good customer base. Each customer buys more than N5,000 daily while some buys as much as N50,000. Therefore, N100,000 cards will earn you N5x1000 = N5,000 per day which is a good gain! Hence, the gain in recharge card business starts from wholesales of N100,000.
SEE ALSO: Other Small Business Ideas That Can Be Done From Home
Use the Facebook like buttons below my profile to share this article with your friends on Facebook and Twitter who may be searching for eBooks on how to start recharge card business with N10,000 and make N200,000 daily so that they may discover exactly how the business works and be wise.
In this article, I will try and put you through on how to start recharge card business in Nigeria at any level and make your profit according to the level you are operating on and your start up capital.
What is VTU technology?
VTU means virtual-top-up a technology that enables you to have direct access to the Telecom companies around the world.
Have you ever asked urself why banks now sells airtime and data everyday in all their channels?
Were they into recharge card selling 5 to 6 yrs ago? the answer is “NO”.
You don’t make money from this sector because you don’t have a VTU e-wallet
account.
Watch this full YouTube tutorial guide on how to print recharge card and generate e-pin of all network with your smartphone[No software required] Click here to watch.
How Recharge Card Business Works
There are three levels of recharge card business and each of these level or category offers profit that is proportional to the investment capacity.
1. Recharge Card Retailers
Retailers are recharge card business persons who buys from wholesalers at cheaper price and sell to end users at the cards surface price – the price written on the card. They make average of N5 per N100 denominated cards and earn total profit of N500 to N1,000 daily.
Recharge Card Retailers in Nigeria |
This type of recharge card business is best when combined with other business or if the retailer is in a place with high traffic and huge demand for recharge cards. N10,000 is the perfect capital for this.
2. Recharge Card Wholesalers
These ones buys directly from the Dealers at reduced price and sell to the retailers who in turn sells to end users. Wholesalers make average of N5 per N100 cards and sell high quantity of cards daily. As a result, they make more profit base on much sells. Average profit they make per day is between N5,000 to N15,000.
SEE ALSO: How Errand Services To Busy Rich People Can Make You A Millionaire
Reasonable start up capital for wholesale is from N100,000. This way, your profit will be appreciable. If you are good in business and have N100,000 I’d recommend you start with wholesale level. Recharge card business at this level is very good and profitable with the potential to earn you N150,000 monthly.
3. Recharge Card Dealers
These are recharge card Franchisees or merchants who buys both the cards and PINS in large quantity directly from the mobile operators. Or from another company that has direct franchise with the mobile operators. This category comes in various forms, there are dealers and there are mega dealers.
Dealers sells directly to the wholesalers who then sells to the retailers. You will requires millions of naira to enter the dealership level, starting from N10 million.
Now that you know what GSM Recharge card business in Nigeria involves, let me know your preference among these categories. Make a comment below stating the level you wants to start from and possibly why.
Ask questions base on what you would like to be included in the next articles. The next article on recharge card will be according to your interest.
About the recharge card business,I prefer the retailers one,I want to know how to go about it.thank you
I can help anyone who is having issues with starting a recharge card business because engaging second party is what the company I work for is into . If you are interested you can reach me. I am based in Lagos.
Please am interested.
about the recharge printing, where can i training
Please I want to start printing recharge card business,i don’t know how I will be receiving the pins, I want to be printing by self, please help me
how do I get started as a wholesaler, also how can I be trained
hello, am interested in becoming a wholesale of recharge cards by printing on my own. kindly help.
Hi, I’m interested in starting the recharge cards business at wholesale level. How do I go about it? You can kindly respond via my email address below please.
Thank you so much.
Good evening, please can I have your number
Pls I am interested in the wholesale printing,pls help me out.
Am interested but am base in Adamawa how can I reach You
pls am interesting base in sokoto
pls am interested to be a wholesaler for recharge card business
am interesting based in abuja also looking for where to learn it and who will teach me the business thanks.
i AM INTERESTED. YOUR CONTACT PLS?
I’m interested this is my details
09096855603/whatsap
Pls am interested in printing my own n selling wholesales how can I go about it
Would like to start off with recharge card dealers. Can you explain me more in terms of numbers if I start with 10 million nairas
thanks for this info. i will be glad if u can help me with a list of some genuine dealers
All dealers are genuine, it's just a matter of you work in with your money and buy if the dealers price is okay by you.
i would to be in the second category which is the whole sale. but how do I get a direct link from a dealer. I am base in delta state
thanks for the info, i'd b glad if you can list some genuine dealers names and contact info. thanks
There are dealers all over the 36 states and FCT. It's not something we can just list few dealers from one state neither do we have database of all dealers.
i think the wholesale is preferable. this way you can also have retail outlets
What are the steps of becoming a dealer? Thanks for the infos.
Am in owerri want to start printing of recharge card business how will I start thanks
i sincerely appreciate your effort and really thank you for helping Nigerian find what to do
Thank you Sir for your thoughtful write-ups. I wish to start as a wholesaler and need a list of reliable wholesales in Oyo State. Will i have to pay a subscription fee to access the database? If yes i am not averse to it, kindly detail out the requirements needed to achieve this. Thank you Sir.
Pls I want the contact of a dealer,i want to start as a wholesaler
pls sir i will be greatful if you can help me with the name and contact of where to buy the pins for printing
would you help me with the wholesale
I am grateful for the info on the business above, I will like to be a wholesale dealer for the recharge card. I will appreciate it if I can have info about the reliable recharge card printing dealers that I can buy from them. I am based in Lagos. Once again thank you.
I am grateful for the info on the business above, I will like to be a wholesale dealer for the recharge card. I will appreciate it if I can have info about the reliable recharge card printing dealers that I can buy from them. I am based in Lagos. Once again thank you.
Unfortunately, I wouldn't be able to recommend anyone… I will be a lot more easier if you can go out there and look for a dealer that you can agree with.
This Printing stuff is a total sham propagated by the Nigerian Seminars organizers. You have to be a mega dealer to get PIN from the telecoms companies and print profitably, it's just a secure way of delivering the bulk airtime, there is nothing special about it. All you need to do is to buy the already printed cards from dealers at a reduced price and sell as a suppliers/wholesaler or retailer.
HOW WILL I GET THE CONTACT OF THE PERSON WHOM I'LL BE BUYING FROM AS A WHOLESALER?
THANKS FOR THE INFO. I PREFER THE SWCOND STAGE (THE WHOLESALE LEVEL) BUT HOW DO I COME IN CONTACT WITH DEALERS AND IF AM TO START WITH 100,000, WILL IT COVER MTN GLO AN D AIRTEL OR HOW MANY NUMBER OF CARDS WITH THE 100,000 COVER. THANKS AND HOPE TO HEAR FROM YOU SOON
We are pin dealers. If u need recharge card pins for all networks, please contact us. We are located in Lagos State.
plz where in lagos
D notify me is not coming up
Thanks for the information. please i need the contact of the dealer that i will be transacting the business with as a wholesale am base in Lagos.
please do recommend one for me, cos i don't even know any body to meet
Thanks so much ,pls give me a link to set up my recharge card biz
I wish to start as wholeseller i.e. N100+k. What are limitation regards this kinda level of recharge card business?
Thx 4 d info. What are the limitations of a wholesales recharge card business?
There is no limitation other than what has been stated in this article
Pls I need a detailed explanation concerning the wholesale. How much exactly do I buy like say 100 etisalat N100 voucher?
So as a wholesaler are you saying that i don't need to buy pin and print it out?
That all i need is to buy already printed card in bulk from dealers?
Why incurring the extra cost of printing when you are just a wholesaler? Forget about those GSM Recharge Card Seminars deceptions and face real business
Thanks my dear. I want to really start this business as soon as possible.
Can you please tell me any dealer you know of that are in port harcourt, i stays in port harcourt.
This information could have been awesome if you list the companies that we could buy the pins from for printing.. Please do that for us to make this article complete. Without that it would be like a car without tyres to move on. Please
pls sir,d recharge card dealing business can't one start with a figure below ten million naira(10m)?
Thank you sir, for the info. I started as a retailer last year, but have wanted to start as a whole seller, I inquired from the whole seller I used to buy from, and he told me I needed #500,000.00 naira to start up, ever since I have been discouraged cuz I thought I could start with #100,000.00. Thanks for putting me through.
please i also wish to start as a retailer, please help me with the whole seller details.. Please i need it.. I need a whole seller that i can buy the pin from please. Thank you..
Mr Darlinton after reading through the comments in this article I come to the conclusion that business is not for everybody. A true business inclined person will find this article sufficient and do the rest by themselves. And can one as a business man be asking a career coach to give him list of dealer to buy from. Such people who want to be spoon-fed on everything should not venture into business.
Also, to be a balance coach attempt to also include some pitfalls so that prospective venturers will know what they are up to, eg, a mega dealer should know he will be dealing with millions of naira on a daily bases and must put security factors like iron protector and vaults incase thiefs broke in, etc. Well done all the same
You have it spot on, I just hope that most people will be able to learn how to take it from here and not wanting us to do everything for them. Thank you for your insightful comment
I must give you credit for uploading this businesses ideas to people on this blog. This will actually help a lot of people who are trying to figure out profitable business they could do in home country motherland Nigeria. Especially the Nigerians that lived abroad. I personally acquired some things from this articles. Keep doing the good work. Thanks a million.
How do I start the wholesale part, and pls can you help me with a dealer in cross river state?
How do I start the wholesale part, and pls can you help me with a dealer in cross river state?
u can go 2 where cards are sold in bulks and ask dem, dey can also introduce u 2 a dealer or go to mtn office.
In Lagos……..where & how can i get in contact with the Dealer as a new person who's interested in Wholesales level…..?? (Mr Sunday Joseph)
Darlington you did a good one here but I am a bit confused that Wholesalers have no need to print the PINs. I am not in anyway saying you are wrong but this is the first time I am coming across this info in all the stuffs I have read about recharge voucher printing. Can you explain this further stating the difference between when one can print the PIN and when not.
Is there anything special about the "printing" that it has be to a subject? Why would you like to take up extra cost of buying the papers to print out the PIN when you can get already printed out PIN from major dealers who have the capacity and logistic to do that conveniently?
You see, the Recharge Card Printing stuff is one of the hoax the seminar organizers have been feeding on for years. Even Citiserve too advantage of people's ignorance to sell useless POS at exorbitant prices in the name of printing PIN.
pls help me ,I want to start as a dealer
Can I have ur contact so we talk better?
i have 50kcan i be a whole saler
Good info, thanks a lot but how do i locate a dealer in Port harcourt.
I really appreciate your precise orientation on this business. How can I get a dealer as I will
Love to be in the group of wholesaler
To be candid with anyone who is interested to invest in wholesales recharge cards, 100k is not advisable for wholesales, the stress is not worth it! There is discrimination in the market, your quantity will determine the price. Wholesales recharge card is a very lucrative business, atleast with minimum of 300k start up, 120k is guarantee monthly! Turnover in recharge card is endless! Your capital will determine monthly turnover.
Pls drop ur contact number
Buy the pin 95 naira each and also buy already printed pin 95 naira each what is the big deal there better carry 100k go buy bulk of already printed pins and save the time of printing them, with labour and printing sheets. nawa nija evry thing na money for seminarians
Big Kudos n tanx 4 diz rich info.
Ur number pls
YOU CAN GET A RELIABLE AND TRUST WORTHY DEALER THAT SELLS PINS IN BULK AT A VERY AFFORDABLE PRICE. I HAVE BEEN DOING BUISNESS WITH THEM FOR A YEAR NOW. U CAN GET THEIR CONTACT FROM ME
PLS I NEED THEIR CONTACT
Share with me brother.
Share with me pls am in calabar.
Please I will need it. Help me out.
i need there no. Thanks
please send me their contact, am just about starting as a wholesale. tanx
Please I need some dealers number am in Port Harcourt
imoh
darlinton i want to start as an wholesaler pls help me
pls give me a link to the dealers to start up my recharge card biz of difference networks
I need their contact pls
i like to start with the second category which is the whole sale. but how do I get a direct link from a dealer. I’m based in Lagos and I want to start as soon as possible. And I also want tips or advice on how the wholesalers sell to the retailers. I mean price and how it is calculated.
Hi pls send me ur contact
Thank you sir for your write-up. I am interested on the part of the whistler, but please sir how do I go about it. Thanks
Does one POS cover all the networks? Estimated price PIN.also does one pin cover all the networks? I want to print my cards. How is your registration fee?do you train people? Thanks.
Pls does one PIN cover all the different networks? What is the estimated price of the PIN? Does one POS cover all the different networks?. Do l have to buy both of them? How much is your registration fee if applicable. Thanks.
helloo mr Darlington,i want to get something clear here,let me start this way…iam a wholeseller now,i buy from the dealers in bulk and sell to the retailers,lets asume there are 21recharge cards printed on one voucher and a retailer make 5naira profit on per recharge card on the voucher.now,my question is,how much am i as a wholesaller havin as a gain per 1recharge card on the voucher bought from the dealers?is it thesame 5naira gain as the retailers? thanks for your light plz
I am Emmanuel, pls i want 2 start as an wholesaler.. How do i startl
Thanks
olaleye David
i want to start as an Wholeseler ;How can I do it
I want to staqt as an wholeseller, pls give me current guide.
, thanks for the enlightenment especially on the printing stuff, why would one want to incur extra costs even when they are already printed ones. Was actually carried away by the printing stuf of a thing
tanx a lot but what am interested to is how to do data business. like example buy data in bunk and sell to customers at cheaper price. someone I used to buy data from tha I told I want to be an agent and he I show bring customers to him first. but I have been bringing customers to him but he refused to make me agent . I will be glad if u show me the way tanx.
How much will printing cost
Thanks for the info. Kindly help look into how profitable this biz can be now that people tend to buy directly from their bank account. GOD bless you; amen!
A good point ololade.
Please I will like to be an wholesale how can I go about it.
HAVE BEEN DOING RETAILING FOR A WHILE , HOW CAN I GET TO WHOLESALE LEVEL, CONTACT DEALER IN APAPA LAGOS
A bit confused,if a retailer buys at 95 naira to sell at 100 naira with a profit of N5 on each N100 card, how much then is the wholesaler buying to make the same N5 gain? Is it N90? Thanks a lot.
Thanks for the information,but buying cards from a dealer deos it mean one particularly network or various networks from one dealer?
Thanks for this eye opening information. But I want to know how much a wholesaler will buy directly from either a mega – Dealer or a Small Dealer. Since a wholesaler will sell to retailer at. Cost of #95.
How do I start the recharge card dealer business
Am interested in the wholesalers category….how do I get contact or Dealers in jos plateau state?
What are the necessary equipment to start up the business as wholesaler
Hello ubpaul, if you are in Enugu, I can offer you brand new 3 in one printer as many as you want at a cheap prices.
The printer is ALL-IN-ONE meaning that it has 3 functions which include:
Printing, scanning and photocopying.
Call me(08167327119) if you are interested to buy from me . thanks.
Please how do I go about wholesales
I WILL LIKE TO START AS WHOLESELLER PLS I NEED INFO
Sir please i need the wholeseller level
Thanks sir for opening my eyes sir
Hw to b cum a wholesalers pls
Where can I buy pin & do I need to register before buying any pin?
i’m from abia state, aba precisely…plz i need a contact of a closed dealer so dat i can start d biz 2mro…interestd in wholesale
I want to start the wholeseller, put me through, i base in abuja.
how can start recharge card printing
If u need epins for all networks, airtime top up for all networks, pos for utility bills, airtime and fund transfer, feel free to contact us DonaComm. We have clients across Nigeria and beyond Nigeria.
I want to start up a recharge card business in Nigeria
am from Aba Abia State am serious about starting they business I have computer and white printer
will be glad if am being helped out
thanks
Please I need it, this is my Number 08128596767
Good information but how can one get in contact with the dealer if one want to be a wholeseller
I’m in Egbeda, Lagos. How can I get the nearest Dealers around?
Am Kingsley pls I want to start from wholesale level because I don’t another business to join it with, I can’t go for dealers level cos I don’t have millions
Am Kingsley pls I want to start from wholesale level because I don’t another business to join it with, I can’t go for dealers level cos I don’t have millions this my number
Pls share with me
Great info For spectacular business
Thank alot for the info, please I’m interested in the wholesaler deal, thanks
Beware of Godsfavour epin,printandsell.com.ng,rechargecardandvoucherprinting.com,Godsfavour Oyibe &Ededa Nwemyim ltd,afrocommerce communication ltd one and the same person scammer and fraudster they use sterling bank 0025820358 NWOJI C ONYIBE,09026700188 BEWARE THEY ARE FRAUDSTER AND SCAMMERS
Beware of this people listed below they are fraudster and scammers Godsfavour epin ,printandsell.com.ng,rechargecardandvoucherprinting.com.Godstime net communication,afrocommerce communication ltd
Godsfavour Oyibe & Ededa Nwemyim Ltd.Nwoji C Oyibe using phone number 09026700188 sterling bank account 0025820358 ..I was a victim beware
I will really love more enlightenment because I need it and to start as soon as possible.
I want to start from Wholesale level
pls sir how can i get the pin for printing who i am going to contact
thanks sir
i want to start from wholesale, how can i contact you
I will like to start as a wholesaler. How can I get the training and how do I start. Thanks
I want yo start as an wholesaler but I need trainging so how do I go about it
@ Darlington, Please I need contacts of those dealers in Portharcourt and God will bless you for it. I am tire of fraudster called pin dealers.
i want to start from wholesale, how can i contact you
please, I want to start from the wholesale level….. kindly reply me
i want to be printing by myself please any help
I want to start as a wholesaler in recharge card biz …can 200k b enough?
Goodevenin am interested in the whole sale level.so how do I meet a dealer close to ikotun.please reply via my email.
I WANT TO START RECHARGE CARD PRINTING IN NIGERIA
I’m interested in starting as a wholesaler, even if it involves some good amount of naira. Please how do I start it up. Can you help me with some details of dealers so that I can buy from them. Please reply via my email address. Thank you.
does it mean both N10 and N200 cards have same amount of profit?
Pls how can I be a dealer
good day to u mr/ms…please how can i start up a recharge business with 50k…and how much profit can i make per 200 voulcher ……kindly put me through i will appreciate if u acknowledge this please
Hw do I start off with the wholesale level? I need more details on how to get the right dealers to buy pin
07064401796 whatsap
Hi, please I’m interested in starting the recharge card business at wholesale level ,how do I go about it.
Pls I want to start with printing recharge cards, how can I start without millions involved? Atlest maybe 100k
Please i want to start this Recharge card business as a wholesaler, please how can i start
Please how can i start this business
l will like to start as a wholesaler, but how can u educate me on lt
I will like to start as a wholesale pls I need a dealers number pls but we don’t bagan for this pls
how do i start the wholesales and pls can you help me with a dealer in lagos island & ojodu berger
I WANT BE A WHOLESALLER
how do go about it want to be whole distributor
How do I start as a whole seller in Agege, Lagos.
How do I start the wholesale one
Pls I am interested in the wholesale .pls I need a reliable distributor from Oyo state because I am living in Igboho.
Hi, please I’m interested in starting the recharge card business at wholesale level ,how do I go about it.
plz how do I start printing recharge card
thanks so much for this information.
I want start the wholesale, what are the necessary step I need to take?
Am interested and i will like to start as a wholesaler
Pls am interested in being a wholesaler l will a contact of a dealer am in surulere
Pls i will like to have contact of a dealer cos am intrested in wholesale, am in ibadan
This article is truly informative and engaging. but if you never mind i have similar article that could benefit your readers. thanks, How to start recharge card printing business in nigeria
Thank you for this article, it is indeed very insightful and I particularly find it very helpful.
I wish to start this business as at the Wholesale Level. I have about #150,000 free cash that I am ready to invest in it as my start up capital.
Please can you furnish me with details and contacts of Dealers and Mega dealers that I can register with to start up the business.
I look forward to hearing from you soonest.
Thank you.
Interested in wholesale printing how do I get started??
Thanks for for your time, i wish to start with wholesale please need more details
How can I get the necessary information on to start recharge card printing??
I want to be among the wholesale dealers I base at olokoro umuahia Abia state
i want to start as wholesaler and retailer please help me
I have 100,000 naira that I want to use to start the Recharge card business as a wholesaler pls hw do I go about it thanks for your reply
Thanks for the information. Please I will like to start with wholesale, how can I go about it?
I want to start printing for myself please help me out
I want to start the business to be printing it and sell where can I buy the pin
Am very much interested in printing the recharge card and I base in lafia nassarawa state
I will like to become a wholeseller
For being a dealer …what maximum capital is needed and does being the real automates printing recharge cards or the mega dealers?
I am grateful for the info on the business above, I will like to be a wholesale dealer for the recharge card. I will appreciate it if I can have info about the reliable recharge card printing dealers that I can buy from them.
I want to start with wholesale. Pls provide me guidance, I base in Yenagoa.
I want to enter the whole sale level. I am based in Makurdi.
Am so much interested, please how can I become one of them
I want to became a recharge card wholesaler. Can you connect me to a recharge card dealer?
Please am in Lagos can I start the wholesale with 50k and how do I get good and trusted dealers in Lagos
Pls, my names are Michael samuel and i base in Oron, Akwa Ibom state. Iam interested in starting with wholesales level so, what are the guide lines. O8105695817.
I’m chuks I want to start the wholesale level, what are the steps involve.
which category can i fall into when i want to start the recharge card business with the sum of seven hundred thousand naira for about 4 networks? and what are the things i need to do to actualize strong market base from other competitors?
for instant, i want to start up the recharge card business with the sum of six hundred thousand naira, what category should i fall into and the amount will cover 4 network and how can i establish a strong market base against other existing competitors?
I am from rivers state,sir I want too be your student starting from wholesale level pls sir how do I go about it? Help!
pleace help me out i want to be printing recharge by my self
i want to start as a dealer
what can i do ?
i want to start first with the retailer. ho can i do this
how can I open office my self
I want to start card bussiness
I WANT TO PRINT SO HOW CAN I GET THE PINS
seriously intreted, I want to go on whole, I live in lagos.
How do I become a mega dealer and what is the profit margin .
i want to be a direct dealer because i have upto ten million and have the idea of the business
Want to start from wholesale.need a genuine dealer
Am suastiorine from rivers I want to start wholesale how can I get a good dealer
I want to start the recharge card business as well as printing at a wholesale level for now. Am in Abuja. please provide me with a near by contact. my no:08039596113
Am interested in Recharge Card Wholesalers.
How do I go about it?
I stay in Ikorodu, Lagos
Thank you
I want to be printing the cards by myself. How can I start?
I school in the Ambrose Ali University AAU, Edo state
Pls am in owerri imo state i want to learn how to do printing of recharge card and open my own pls do you know any were I can go to.
Pls I need the useful informations and the contact of the recharge card dealers to start. I am really serious.
Thanks for the update. I will like to know how to print it recharge cards by myself and become an wholesaler at least from 100,000 naira budget. Please, I need your help on that. Thanks
I will like to start as a wholesaler please contact me through my mail or phone number below
I want to be come a whole saler