I think what they are really after is for customers to buy the token. I tried making an important transaction lastweek but all to no avail as the excuse was this security issue. I was forced to buy the token since it's the only solution to that present problem. So, if you want to ve a smooth internet banking with GTBank, then I advice you get the token. But, if you don't want to buy the token, it's either you close your account with them or forget internet banking as far as the bank is concerned.

Still waiting to get the contact of recharge card Pin dealers apart from Ringo.

Same here, I ve been a faithful customer since 2007 operating three different accounts. But I was disappointed by their action and slow inefficient customer service yesterday.

richmans: I ave d details check here for free report recharge cards

Thanks for d info though but I think you only want to generate traffic to your blog. If not so, I don't know why you should post link of information we already have.
Once again, what we need now is the contact and address of Recharge card dealers that sell PIN at a moderate price (like #94 for mtn #100).

But please, isn't there any dealer that sells Mtn #100 for #94? Will appreciate if I can get it for that price cos I want to be selling for #95 so as to compete with a dealer and beat the price of other sub-dealers.

profet: Due to popular demand, I have decided to fully explain the business of GSM RECHARGE CARDS so that even a newbie can understand. I will not hold back anything and should anyone have a question, do not hesitate to ask on this forum for the benefit of all. For those who wish to ask some personal questions, simply send me a mail @ tosabem2000@yahoo.com.

For newbies, we must realize the fact that although the business of GSM recharge card is very lucrative, it is also relatively CAPITAL INTENSIVE. The amount of capital you invest in the business depends on your level of entry. In other words, if you intend to be a major distributor to any of the telecom companies, you must have a registered company and must be ready to invest between N5M to N10M depending on the telecom company. Your registration will also depend on the availability of the DEALERSHIP. To the best of my knowledge, at this moment I doubt if a dealership slot for the Lagos environ is available.

To confirm all the basic requirements and availability of dealership slots in any state, simply go to the office in your state for inquiries. If a dealership slot is available and you meet up with all the requirements, then you are in business because you will get the pins very cheap.

Note that you have to register with all the different networks in Nigeria independently to become a major dealer for all the networks. I guess you realise that this involves a lot of money.

For those who might not have so much money, you will have to register as a sub dealer with any major dealer with the major dealers. The requirements differs from one sub dealer to the other. Therefore,it will not be necessary to ask me what are the requirements are. In a nutshell, the amount you need to invest to become a sub-dealer varies from one dealer to the other. To get the CURRENT dealers in any state in Nigeria, you will have to go the offices of any of the telecom providers. This is so because some of the previous dealers have folded up due to competition from other dealers.

At this point, if you have so much money to invest either as a dealer or a sub dealer, you know what steps to take.

Does this mean that the common man with a lesser amount of money cannot invest in the business of GSM recharge cards (PRINTING)?
The answer is yes, you can start the business even if you have limited funds. The only difference will be your level of entry and participation.

We must understand the fact that it what matters most in this business is the cost price of the recharge cards and the cost incurred at getting the cards at a particular price. What I mean is that we should not be carried away by the terminology or the use of the word SOFTWARE. You may be surprised that at the end of the day, it doesn't make your printing cheaper, rather perhaps more expensive. I will now go further.


There used to be a company calledI PREPAID NIGERIA. The company offered their software for FREE. Unfortunately, their prices were not competitive at all. Since they are no longer in existence, there is no need going into all that.

The second company I know of that uses a software for printing GSM recharge cards is called Ringo Telecoms. The software costs N10,000. It can print ONLY the lower denominations of all networks. ie N100 & N200. It cannot print the higher denominations like N400, N500, N750, N1500 etc. Therefore you are limited to printing the lower denominations. You will have to take your laptop to their office at 115/117 Allen , Allen junction by Tantalizers, Ikeja, Lagos.

It is most pertinent to note that the fact that you have bought the software does not make you get the pins CHEAPER from the same company. These are the costs incurred if you are to print ONLY the lower denominations using a software.

1. Software - N10,000
2. A4 paper - N900/N1000
3. Internet modem - N5000/N10000
4. Monthly subscription - N4000/N6500 ( depends on the user)
5. A valid email address.
6. A printer - N9500
7. Ink - ?
8. 100 units and above for each network and denomination to get the pins at the cost price listed below

MTN 100 - N95 = N9500
MTN 200 - N190 = N19000
GLO 100 - N93 = N9300
ETI 100 - N91 = N9100
VISA 100 - N91.5 = N9150
MULTI 100 - N92 = N9200
XCOMMS 100 - N91 = N9100

These prices are not fixed but subject to change at any time.

The total cost of the pins amounts to N74350. This is if you are to print all the lower denominations only of all the networks. Well, you may ask if perhaps you can reduce the volume of the pins you are purchasing but I guess it may affect the price. The customer care personnel I met there was not very open when I tried knowing the exact prices I will get the pins. He said that the prices vary. Well further inquiries from their other office where the cards are sold over the counter revealed that one actually gets the pins AT THE SAME PRICE!

It was funny because the lady in quote said " Better buy the recharge cards over the counter ". They are the same prices and you will save money on all the other recurring expenditures.

If you live in Lagos around the mainland area and Allen is close to you, you may as well buy the pins over the counter and save your self the stress of printing via a software. But if you live far away from this address, you may decide to use the software. But before that, answer these questions.

1. Do you wish to sell to the end user?
2. Do you wish to distribute those who sell to the end user?

This will determine your level of entry into the business.

For those who wish to sell to the end user, answer these questions,

1. Where is your location? Is it a school, church, market, plaza, estate, government quarters?etc
2. Who are your target market and what is their demand?

Some of our clients who conduct their businesses in the Apapa and some markets such as Balogun markets in Lagos do have their customers purchase more of the higher denominations or recharge cards than the lower denominations. Others in universities actually record a mixture of both higher and lower denominations. Therefore, knowing your target market will enable you know how to venture into the business.

You do not need to come over to Ringo if it is very far fro you. Simply locate any major dealer in your vicinity and make your purchase. The higher your purchase, the cheaper you get the cards. Make your due diligence before purchase.

THE USE OF THE POS MACHINE

The POS machine is powered by Inter Switch.
Unlike the software process, the machine can actually print ALL DENOMINATIONS from ALL NETWORKS. From MTN 100,200,400,750 etc to AIRTEL, GLO, STARCOMMS, etc. It prints any denomination. It is the only machine that has the ability to do this. It can also print DSTV,& GOTV scratch cards. You can actually start printing recharge cards with as low as N1000. This excludes the cost of the machine.

With the use of the machine, the use of a software , ink, A4 paper, internet connection , email address, printer and so on is no longer required. Also, you have access to ALL the denominations from ALL NETWORKS at any point in time. The process is safe because you do not carry recharge cards about. Rather, the machine prints the cards on demand. The machine is also pass worded. Loading your account on te machine can be done from your ATM card. Simply read my ealier post on this thread to get all the details of the machine. Find below the cost price of the cards on the machine.

MTN - 5% ie MTN 100 = N95, MTN 200 = N190, MTN 400 = N380,etc
GLO - 6% ie GLO 100 = N94, GLO 1000 = N940, etc
Other networks 7%. eg , AIRTEL 100 = N93, N1000 = N930, etc

It is convenient, safe and portable. All records of the transaction are digitally accessible.
The machine costs N75,000. All those interested should please send a mail to tosabem2000@yahoo.com

Now, I hope this throw throws more light on the topic of recharge card business. I welcome all questions and will provide answers to the best of my ability.
God bless you all.

Thanks so much, u ve given a comprehensive info.

coolted:

does the #75,000 include the cost of the recharge pin?

The #75000 is only for the machine, you order for PIN differently.

one9jeria: we know all these what we are searching for is the dealer that is most reliable, effecient, and professional and also the price they sale. Meanwhile i think u guys should check out this site amazing info awaits u www.freecashmanuals..com

God bless you, what is needed is price and contact of any reliable dinner.

@Nedostic, ve tried the use of search engine but not satisfied with the little seen. Thanks though.

nairawall: Ringo Telecom is one big trashy outfit.

If you are serious about printing recharge cards, stay of Ringo.
They tend to pose as a very serious outfit but their customer support and delays can really get into ones nerve.

They don't pick calls and even when they pick they will tell you they are busy, they are simply not organised and unprofessional. I will advice any serious business person to stay clear of Ringo Telecom.

Thanks for the information, but can you please give the name, address and contact of any reliable dealer you know we can buy PIN from? Don't forget to include their prices too, thanks once again.

profet: Prepaid Nigeria is no longer in existence!

Watch out for all the current prices of Ringo Telecoms tomorrow evening.

Cheers

Thanks, waiting earnestly to get the latest prices.

@Nedostic and other nairalanders studying in Czech republic, please I will like if you can help out with information of schools I can apply for a PhD program in Biochemistry. Will appreciate scholarship info too and strictly English medium/tuition.

Hello all, please this request is directed to businessmen into recharge card business. I need the price list for all vouchers and network, preferably that of Ringo Telecoms or Prepaid Nig or any other authentic accredited dealer. Thanks so far, waiting to hear from you guys soon

Many thanks to everybody that has been helpful one way or the other on this topic. Please, what I need now is the contact and price of authentic dealers that sell the PIN.

Thanks, ve sent you a mail, will call u soon.

one9jeria: as a matter of fact there is no problem with using it. But personally i wanna use software because i hav my lapy and printer so i dont need the machine. All i need is where to buy the pins at the cheapest rate. One nairalander i called said he can sale to me @ N90 for 1 mtn card. Am afraid he may be a scammer. What do u think. @Profet plz say something

If you and the nairanlander ready to sell is also in Lagos then I suggest you guys see face to face get pin from him and then confirm and decipher it before you pay money to him. So many scammers make nairaland their first point of call for magas atimes.

ebamma: the monkey don finally leave ac milan, welldone more bananas await you in dynamo kiev.

@all, you don't ve to rain curses or series of abusive and derogatory words on this Guy. Just unfortunate the words emanated from the mouth of a fellow Nigerian which shouldn't be. But, let's be realistic, this is what an average Ukrainian will say about the transfer. Have we forgotten the parting words locomotive Moscow fans gave Odemwingie when Westbrom signed him from there?Those people are first class racist. Imagine a Ukrainian asking my friend studying in Ukraine why he had to cut his tail cos he was coming to Europe.

nairawall: I have discovered through several months of research that you can get started with the recharge card printing business without all of these bottle necks most people list on this forum.

In summary, this is all you need:

1. A Computer System
2. A Printer
3. A4 Sheets of Paper.

You don't need a software and also you don't need to register with any company before you can start buying your PINs.

Also note, the rates of these PINs are not as attractive as most scammers post on this forum. I was even scammed by one Okorie Vincent who posed as being a staff of Prepaid Nigeria. They tend to make the whole recharge card printing business look too good to be true. This is the average prices of PINs you can buy from any distributors around you:

MTN 100 = N94/N94.50
MTN 200 = N188/N190

GLO 100 = N92

AIRTEL = N93.50

ETISALAT 100 = N92
ETISALAT 200 = N184

VISA 100 = N92

Starcomm 100 = N91.50

Note:
All prices are per PIN and you buy these PINs in multiple of 100s.

How to get your PINs
Just visit any of the MTN, GLO or the other Network Offices near you and ask that you want to locate any of their dealers, they will give you a list of their dealers and addresses close to you.

You can contact any of these dealers and tell them you want to print and sell recharge cards and they will get you started though their own rates might also varies.

You can contact me for further information through this line:
08067630525

Thanks so much for this useful info, will call you soon for other info.

These gurus making money online, please I need your tutorship. I don't want to be left it out, even though I ve gotten my fingers burnt in forex. I believe there is still real online money making business out there but not just able to lay my hands on one.
Please any kind hearted online businessman willing to help a grounded brother can mail me on sunky644@gmaildotcom.

webmasters ltd.:
@sunky644 yh you pay for it. the ebook cost just 2500 and it will be mailed to you soon as your payment is confirmed. thank you

Thanks so much, unfortunately I just need info from people that are into the business. So paying for ebook is not part of my plan for this business but if there is any other useful info you can give, I will appreciate it.

one9jeria: i think the location doesnt really matter since the major dealer will still send d pins to ur email account. however am based in lagos. If u can give me the lowest price i can get, i will be younger. thank u so much

Since you are in Lagos I want to believe you must ve heard about POS Machine. What do you think about it? Any problem with using it cos I am thinking of buying it or is using software and buying PIN better than using POS Machine?

profet: The recharge card business in Nigeria has been said to be one of the most lucrative businesses in Nigeria after the business of pure water.
Without much ado, these are the steps you need to take to start the business of printing GSM recharge cards.
There are two ways of printing GSM recharge cards. I will leave you to make your choice.

1. The Use of a POS Machine( Powered by Interswitch )

This involves the use of a POS machine( not orange box ) powered by Inter Switch. The machine prints all denominations of recharge card ie MTN - 100,200,400,750 & 1500,...AIRTEL - 100,200,500,1000, GLO, ETISALAT ,STARCOMMS, VISAFONE (ALL DENOMINATIONS) with the exception of Multilinks. It can also be used to load DSTV & GOTV smart cards. The cards are printed on a thermal paper thus eliminating the need for A4 paper.

The machine connects to the Inter switch platform with or without a GPRS signal. ie You can print recharge cards with or without a network on the machine. IT's like making phone calls without having a network on your phone! In other words, there is no issue of you being unable to print cards because of network failure.

With the issue of the cashless economy catching up fast with Nigerians, a new method of banking will evolve whereby you really do not need to open a bank account to own an ATM card. You simply obtain a re-loadable card which can be loaded using this machine and then you make your profits.

The machine can also be connected to your bank account thereby enabling people to pay for your goods and services using their ATM cards from any Nigerian bank.

To start printing recharge cards, you can start with as low as N1,000 or N5,000 even though we all know that since it is meant for business, a higher amount will be more reasonable.

You do not need any software, internet connection, printer, ink A4 paper, email address, etc and all the other usual requirements that comes with the conventional way of printing GSM recharge cards.

It is a very portable machine with a strong battery life that can last up to 8hrs when fully charged.

The cost of this machine is N75,000.
If you are interested simply send a mail to tosabem2000@yahoo.com



2. THE USE OF A SOFTWARE.

As the name implies, you need a software for this method. Check out the requirements and their costs

SOFTWARE - It may be free or paid (N15,000) depending on the source
You can get if from Ringo Telecoms at Allen Junction, the two/three storey building after Tantalisers for N15,000
I have no idea where you can get the free version.

A computer - Laptop or desktop (N35,000 minimum for fairly used )

A printer - N9500

Internet modem/subscription - Visafone-N10,000(with 3GB data on it)Monthly renewal - N6000/3GB
Multilinks - N15,000 ( with 50 hours on it). Monthly renewal N3400/50hours,N5600/100hours
You can confirm other networks yourself
A4 paper - N900/N1000

Email address.

From the best of my knowledge, you are only allowed to buy a combination of all the networks VOUCHERS ie, you are not allowed to buy only MTN vouchers. It must be a combination of MTN and the other networks. You are also restricted to printing only the lower denominations. MTN - 100, ZAIN - 100, etc. You cannot print the higher denominations.

You will have to take your laptop/desktop physically to their office for the software to be installed.
Upon payment for your pins, the pins will be sent to your email address.
You will now print out the cards via the software on your system.

Note - You are responsible for the security of those pins. Should your email be hacked and the pins printed via another system,
there is nothing the company can do. Be warned.


I hope this Helps.

Good luck!

Thanks so much for the comprehensive info, you ve not given any contact details on how to get the POS or better still your own contact.

wurajone:



No be crime my brother

Thanks joo my sister.

@webmasters Ltd, still waiting for your response so as to know if there is the need to call you or not.
@All successful recharge card dealers on nairaland, please kindly help I need your help as soon as possible.

Hello Mr moderator, why did u hide my post? All I requested was that Ludab should please send the Czech republic schools package to my email (sunky644@gmail.com). In what way ve I done something wrong, is it a crime to request info so as to get an affordable and quality PhD program?

webmasters ltd.:
i can help you out with an ebook on guide to printing GSM recharge cards in nigeria. it has been tested and proven by so many people it takes you in a step by step process on the starting materials,where to buy hte pins of all the networks at a cheap rate etc. if your intrested call douglas-08162376262 thank you

Thanks for the info, but please is the ebook free or I will ve to pay if I need it? Please let me know before calling you.

Please send it to sunky644@gmail.com. Thanks, but why is it that no one has acknowledged receiving the info?

legalwealth:

Are you in Southwest be it Oyo,Osun,Ogun,Lagos?

If yes,one on one trainning with be the best and I will like us to see one on one as I'm in Osogbo of Osun State and Ibadan of Oyo state.

Sagamu of Ogun State and not too acquinted with Lagos but we can organise a seminar where my crew and I will be there and before I opt out of this thread till I come back to answer questions,I will tell you that Printing Recharge card is profitable but what you need is STRATEGY and your start up capital.

Don't go for those new machines that are selling for N50,000 especially that popular orange box because it will restrict you in doing more profitable things than if you buy a computer be it Desktop or Laptop but the choice is yours to go for it though if you already have a computer or considering other meaningful reasons and factors.

You can do more business with it be it ONLINE & OFFLINE and you can check my signature to subscribe to my FREE Reports & Ebooks that will open your eye to more opportunities and comprehensive STEP by STEP guide on how to start and run a profitable RECHARGE CARD printing business as you downoad them and

Discover "THE HIDDEN SECRET OF MAKING OVER N100,000 MONTHLY PRINTING GSM RECHARGE CARD"


I rest my case now and I say goodluck.

Thanks so much, I am interested too and I am in Ondo state. But as the OP mentioned, I ve heard about so much seminar here and there and I am not ready to thread that part as most of the organisers are concerned about the seminar fee they gather not the idea impacted. Worst of all, most are not even in the business. I know nairaland as a place where people help their fellow human being to develop and progress. If you really want to help, post your email address and I will send you a mail so that you can send whatever info you ve and I will be forever grateful to you if your info is genuine after verification.

bankoleben:
One of those ridiculous lies being peddled by a disgruntled ACN!

Hello man, be matured and don't use derogatory words cos u think I am ACN member. For your information, the example I sited in my last post is what I am sure of, my dad is in Ondo state as a level 16 officer and his very close friend and mate is in Ogun on that same level 16 and step. He personally said it with his mouth and even forwarded his bank alert for his salary in the month of March. He has no reason to add to his salary afterall he doesn't belong to any party. So, the information I gave you is correct and I charge to carry out an underground work on it if you will be sincere with yourself. Unfortunately, there is nothing you can do about if you find it out to be true afterall you are an ordinary card carrying member whose voice is not heard.
I am not totally condemning Mimiko but we deserve more than he is doing, in the whole southwest ondo collect the highest allocation after Lagos and don't forget we get derivation from NDDC for OSOPADEC. Yet all our allowances and revenues are waisted on this costume flashy project which he claim to ve executed with prices unmentionable to a sincere ear. At least you yourself know the most stupid person in Nigeria cannot spend #5million on each of the bustops u see in akure. I want him to be paid back in his own coin. I am not a member of any political party for ur info.