What is Required to Start Recharge Business?

Are you planning to start recharge business as admin and want to offer different services like aadhaar enabled payment system, mobile recharge, and bill payment services. This article can help you to solve your query. Learn which is the best software for aadhaar enabled payment system, mobile recharge and bill pay service and how can you start your own portal with these all service and can earn maximum commission?

Now we come to the point. Before knowing about the services, first, we have to discuss what we have to do before start recharge business.

Get Registration Number
GST Number of Organisation
Complete All Legal Formalities
Get a Domain and Hosting
After completing all primary formalities, now you required a software provider for your business. This is a very important step for your business because everyone wants a successful business. This is the reason you have to take this step carefully. For this, you have to choose the best software Provider Company in India.

Now one question comes in mind, that which is the best software Provider Company for your business, which is based on your business requirement. This is the question which decides the success of your business in the future.

Further, in the article, I will tell you which company is best for your business or how to choose the best company based on your business requirements.

But before this, we discuss the service one by one.

What is Aadhaar Enabled Payment System?

Aadhaar enabled payment system is the type of payment system which enables customers to make the cashless transaction without going bank. Aeps service enables you to make basic banking activities like deposit, withdrawal, fund transfer and balance inquiry without using ATM or bank.

How does it work?

As we know before some time Indian government creates a unique identity card which is known as Aadhaar card for each one. Then they link aadhaar number to our individual bank accounts. In aadhaar enabled payment system, you can do all basic banking activities by using aadhaar number and thumb impression.

If you are a customer, you have to go to your nearest aeps service provider and tell them about which activity you want to do.

For example, if you want to withdraw money from your account, he will ask for aadhaar card number and your thumb impression authentication where the money will transfer from your account to his account and he will pay you cash money.

AEPS Services-

Deposit
Withdrawal
Fund transfer
Balance Enquiry
What is Mobile Recharge System?
We use the mobile phone and we required recharge balance to talk, SMS recharge and Internet recharge. By using mobile recharge system, you can offer recharge services for your customers.

How does it work?

To start mobile recharge business you required mobile recharge software with integrated mobile recharge API. By using this software you can offer many services to your customers like prepaid mobile recharge, postpaid mobile recharge and landline mobile recharge.

Mobile Recharge Software Services

Prepaid Mobile Recharge
Postpaid Mobile Recharge
Landline Mobile Recharge
DTH Recharge
Data Card Recharge
Electricity Bill Pay
By using mobile recharge software you can offer all these services to your customers.

What is the Bharat Bill Payment System?

BBPS system stands for Bharat bill payment system. This is approved by NPCI (National Payment Corporation of India) which helps to pay all type of bills from any time, from anywhere.

How does it work?

By using Bharat bill payment system, you can pay the bill all over India by different payment modes.

For example, if you want to pay the electricity bill, you go to the bbps service provider and payment money of electricity bill and he pays to the service suppliers instantly and gets a confirmation message by mail or SMS.

Learn more & get free business app: https://ezulix.com/blog/software/software-aeps-mobile-recharge-service/