how to start online mobile recharge business

How to Start Online Mobile Recharge Business: Complete Guide

This particular blog is for those enthusiasts who are thinking of how to start online mobile recharge business. As people migrate from one country to another, the ever-growing demand for mobile recharge keeps this market booming.

After gliding through this article, you can easily start an international recharge business from the comfort of your town, anywhere in the world.

Table of Contents:

What is Online Mobile Recharge Business?

Online mobile recharge business means selling mobile recharge services via the internet. As technology revolutionised, the mobile recharge business stretched its market size. In 2022, it is possible to start a mobile recharge business online for anyone from anywhere in the world. The mobile recharging business has brought people closer, especially immigrants who travel overseas to support their families financially. This solution helps them stay connected with their family and friends.

So if you want to start mobile recharge business online, this article is for you.

Benefits of Starting an Online Mobile Recharge Business

The online mobile recharge business is flourishing all over the world. Cellular services are widely accessible even from the most remote regions, and the number of users is increasing rapidly. The significant expansion in this market has also allowed people with a small investment and little technical knowledge to start their business.

You are probably aware that most individuals prefer to get their recharges from the nearest touchpoints. As a result, starting this business will undoubtedly be a success.

Small businesses can also benefit from online mobile recharge services by earning extra money. Small merchants include shopkeepers, stationers, and grocers. Many of them are continuously thinking about expanding the scope of their current business with minimal investment. They can combine these services to increase customer traffic to their shops in this way.

This is a highly profitable business because it only requires a minimal investment. All you need is an internet-connected smartphone or laptop.

Your Definitive Guide to How to Start an Online Mobile Recharge Business

Following the blog’s context, you will find out how to start an online mobile recharge business by following the simplest guidelines.
1. Research the market potential
Before starting any business, research and analyse the market potential where you want to invest your money, and look for online resources that offer the best online mobile recharge business opportunities with cross-border facilities.
2. Choose the right solution
In the case of mobile and DTH recharge business, choose a multi-recharge facility service provider to expand your business opportunities rapidly. The service provider may offer you a two-way business opportunity such as-
  • Become an agent
  • As an agent, you can sell world-famous operator’s services and packages from one platform with smooth transaction operation.
  • Become a reseller
  • As a reseller, you can build an agent network hub of your own. This is for bigger business opportunity seekers.
    Once you choose the right solution that meets your customers’ needs, prepare all the legal documents to start a business with the solution provider. Different service providers have additional documentation requirements. Your mobile recharge business partner might ask for legal business papers such as a licence, authorised shop location, a business permit from the government, documents of your citizenship, etc
    4. Create your account
    After gathering all the documents, you must send the papers to the respective solution provider to register your business as an authorised online mobile recharge service provider and sell products globally.
    5. Arrange equipment
    Online mobile recharge businesses usually do not require too many assets or gadgets to start. If you own any kind of shop and you have an active internet-connected mobile phone or laptop, you’re ready to start.
    6. Request credit
    Now that you’re a fully authorised and qualified agent, you can request credit recharge from your service provider. You can recharge credit for a minimum amount, but there’s no maximum amount limit.
    7. Start selling
    After becoming an agent or reseller, you can sell international mobile recharge, top-up, data, vouchers, PINs, and many more services from your single point toworldwide. After every transaction, you will make a profit.

    How To Choose The Right Mobile Recharge Service Provider

    Before starting an international mobile recharge business, you should choose your service provider wisely. Make sure your mobile recharge service provider offers the following incentives-

    1. Dedicated Support

    A fully dedicated customer support team can smoothen your business task with their expertise. Whenever a system or a technical issue occurs the support team should be able to fix it immediately. Also, the team should keep you updated about the regular packages & deals provided by the suppliers.

    2. Transaction success rate

    The transaction has to be successful every time or your customers will be disappointed. To ensure the utmost satisfaction of customers, the service provider should be able to offer a 100% transaction success rate.

    3. Transaction execution duration

    Make sure the transaction is executed within seconds. A delayed transaction means an unsatisfied customer. If your service provider takes less transaction execution time then you can be the customer’s top choice in an emergency.

    4. Commissions or bonus

    Is your service provider offering you commissions or bonuses? If not, you should look for another one. The service provider should always offer commission or bonus incentives for your business development efforts.

    5. Technological advancement

    The chosen service provider must be technologically advance. If not, your service will fall behind in the competitive market and your customers will switch to a better experienced provider. You don’t want that right?

    6. Security

    Security is the most vital aspect of the online mobile recharge business. The service provider you’re going to choose must ensure secured transaction processing and a multi-authentication login facility to protect your business from fraud.

    7. Marketing & advertising

    Right after starting an international mobile recharge business, you’ll be concerned about marketing and advertising in case of reaching out to maximum customers. A well-developed service provider who is offering both is the best option. They should be providing you with branding & marketing materials that will help you advertise your business for free.

    8. Promotional offering

    Offering promotions to customers can boost their interest and help increase your sales rapidly. That’ll ensure you more profit. The service provider should ensure the promotions by arranging all operator’s deals in one place.

    How Does a Mobile Recharge Business Make Profits?

    There are a multitude of ways a mobile recharge business makes a profit. The most exciting part of this business is you get to make a profit in a lot of ways. Some of them are mentioned below-
  • Customised service charges can be added
  • Get offers & discounts from service providers
  • Credit bonus on different selling propositions
  • Different lucrative monetary incentives
  • Summary

    You are probably wondering how much profit is in the mobile recharge business. Let me sum it up.

    The demand for mobile recharge services will increase even more within the next 5 years. So if you start now, there’s a chance that you don’t have to look behind. You can start this business any time you want. All you need to do is sign up and recharge the credit amount so that you can sell it to your customers.

    Also, there are other opportunities. You can start your own mobile recharge retailer business if you think you want to expand your business with a minimum investment. We’ll discuss it in our future article. There are hundreds of possibilities in the mobile recharge market that are waiting for you to grab.

    Now that you know how to start a mobile recharge business, you can reach out to VivaRecharge and start your own business immediately. There’s no area, time or financing limit. You can sell overseas and get all the benefits our worldwide agents are enjoying..

    Leave a Comment

    Your email address will not be published. Required fields are marked *

    Grocery Voucher

    Ensure your customers’ family food safety by selling grocery vouchers. Your customer may be hundreds of miles away from their lovely family, but you can bring them closer. A grocery voucher lets your customers send daily-life grocery items to their families back home when needed.

    Suppose, Mr. Renly is an immigrant in Italy. Every month, he wants to ensure his family’s monthly grocery necessities to his wife back in his home in Nigeria. He has come to your local shop and requested a grocery voucher. Using the Viva Recharge panel, you can send it to his requested number. Mr. Renly selects the preferred shop listed in the panel choosing the city his wife is living. Mr. Renly’s wife receives a voucher code to her mobile number. Showing the voucher code to the respected store, she can now receive the grocery items paid for by Mr. Renly.

    grocery voucher

    Electricity Voucher

    Offer your customers electricity bill payment service by selling electricity vouchers. Your customers can ensure their family gets uninterrupted electricity by paying bills on time. The elderly or dependent family members don’t have to go outside to pay electricity bills anymore.

    Suppose, Mr. Robby is an immigrant in Portugal. He wants to send his mother, Mrs. Binta, the monthly electricity bill t, in the Gambia. So he has come to your shop and requested an electricity voucher. Using the Viva Recharge panel, you can send the electricity voucher to his requested service provider. Mrs. Binta will receive a confirmation message shortly after the bill is paid.

    electricity voucher

    Construction Voucher

    Help your customers to build their dream homes by selling construction vouchers. The family members can collect construction materials such as cement, brick, clay, etc., by showing the voucher code to the respected store. This process will reduce the hassle of overseas family members searching and buying construction materials.

    Suppose, Mr. Malik is an immigrant in Spain. He wants to build a one-story house in Ghana. Where his elderly parents live alone. There’s no young member in the family who can help Mr. Malick builds his house by purchasing necessary construction materials. So he decided to send them construction vouchers via your sales-point. He comes to your shop and requests a construction voucher. Using the Viva Recharge panel, you can send the construction voucher to his requested number.

    Mr. Malik’s father, Mr. Mustafa, who is 70 years old, receives the voucher code on his phone. Showing the voucher code to the respected store he can now receive the construction items paid by Mr. Malik.

    construction voucher

    Fabric Voucher

    Make sure your customers can ensure their family’s clothing necessities with fabric vouchers. They can send clothing materials for regular or occasional use, even they are far away from their home and family.

    Suppose Mr. Bashir is a restaurant owner in France. His sister’s wedding is next week, but he cannot attend the wedding. So Mr. Bashir decides to send a fabric voucher to his sister Ms. Taifa for her wedding in Ghana. He comes to your sales point and requests a fabric gift voucher. Using the Viva Recharge panel, you can send the fabric voucher to his requested number.

    Ms. Taifa will receive a fabric voucher code on her mobile phone. Showing the voucher code to the respected store she can collect the fabric items.

    fabric voucher

    Healthcare Voucher

    Confirm your customers’ family health safety by selling healthcare vouchers. A customer can send a healthcare voucher in a time of urgency. These vouchers cover medicine costs, hospital bills, and so on. For example, a customer can purchase medicine vouchers for medicines and medical vouchers for paying hospital bills.

    Suppose, Mr. Alik is an immigrant in Italy. Suddenly he comes to know that his mother is in the hospital back in his home in Senegal. He is worried and doesn’t know how to help his family as he is very far away. So he decides to send medicine bills via a healthcare voucher to his brother Mr. Abdul. He comes to your sales point and requests a healthcare gift voucher. Using the Viva Recharge panel, you can send the healthcare voucher to his requested number.

    Mr. Abdul, Mr. Alik’s brother, will receive a healthcare voucher code on his phone. He can now receive necessary medicines for their mother by showing the healthcare voucher code to the particular pharmacy that his brother has paid.

    healthcare voucher

    Please fill out the form to talk
    with an expert

    Please fill out the form to create a
    Viva Recharge account