Have You considered Selling Mobile Data and Prepaid Load?

@ARIES1973 (11426)
Legaspi, Philippines
November 8, 2020 12:54am CST
If there is one business that I would love to do and probably upgrade on a higher scale, it is my mobile data and prepaid load business. We also have post paid plans and internet services in our country but prepaid data and load is still popular considering its being affordable and can be bought in smaller value. Imagine being able to access your Facebook account for only 10 pesos (US 0.20)? I started to get serious in this kind of business during the start of the year and it is doing good despite the pandemic. I also began accepting bills payment and sending and receiving funds for a minimal fee. I am using the bitcoin satoshis I earn from various sites to finance this business. Have you considered selling mobile data? Image Credit: Pixabay
12 people like this
14 responses
@msdivkar (23359)
• India
8 Nov 20
I have done that business long time back selling mobile prepaid vouchers but had to stop it as it does not give you enough returns. You sometimes loose on failed transactions.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
8 Nov 20
I only lose some amount when I entered the wrong number so I need to be very careful when entering the customer's number. The app I am using would automatically return the money when the transaction failed.
2 people like this
@ARIES1973 (11426)
• Legaspi, Philippines
8 Nov 20
@GodServantme The processing may take 24 hours. You will be notified once it is approved.
1 person likes this
8 Nov 20
@ARIES1973 how many days coinsph will verify. My selfie verification
2 people like this
• India
8 Nov 20
If I do not have to pay anything in the first place.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
8 Nov 20
I must have an internet connection before I could sell mobile data because the app is internet based.
• India
8 Nov 20
@ARIES1973 Then it must pay more than internet cost
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
8 Nov 20
@piyushbhatia1 Yes, we have a permanent internet connection at home because I am using it for both my online work and my day job. My children are also using the same. So, whether I intend to sell data and load or not, I need the internet connection.
@jobelbojel (34730)
• Philippines
8 Nov 20
I consider it for my sister. When I asked her if she would like to do the business, she said there are stores left and right in their village.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
9 Nov 20
I also thought of that when I was just starting. I started selling even though I know G-Cash was very popular among my colleagues. We even play GForest and I was the lowest rank. I just make sure that I have enough funds on my wallet. There are also a lot of stores in my place but I posted a sign PLEASE LOAD HERE anyway. After several months, my colleagues experience issues in transferring fund from their bank to their GCash account. They came to me and ask if I could send them. Of course I am ready for this. While they are busy playing GForest, I was also researching on which bank to use and I found PS Bank. I am using online banking and I can transfer fund anytime for free. Since Coinsph offer rebates, I can also charge a smaller fee. Being consistent is the key.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
9 Nov 20
@jobelbojel I already know most people are good in starting and later on they drop the idea when they encounter some issues or little difficulties. Just tonight a colleague messaged me that she cannot process her PLDT payment using her GCash so she asked me if I could process it for her. I used Coinsph for this transaction.
@jobelbojel (34730)
• Philippines
9 Nov 20
@ARIES1973 that is nice. I cannot sell the idea with my colleagues most already have gcash.
1 person likes this
@rina110383 (24495)
8 Nov 20
No, I haven't tried considering it, though I know some who are into that kind of business.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
8 Nov 20
@rina110383 Thank you. Yes, this business can be profitable and can even be a source of full time income. Though for me I am only doing this on the side.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
8 Nov 20
Thank you for sharing your thought on this. Are we from the same country?
1 person likes this
@rina110383 (24495)
8 Nov 20
@ARIES1973 Yes, we are.
1 person likes this
@thelme55 (76481)
• Germany
8 Nov 20
No, I have not considered that kind of business. Good luck with your business.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
9 Nov 20
Thank you Thelma. I never thought it would be a good business when I started.
1 person likes this
@thelme55 (76481)
• Germany
9 Nov 20
@ARIES1973 I think it is a good business.
@florelway (23160)
• Cagayan De Oro, Philippines
8 Nov 20
Am using G cash and coins ph as my loader.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
8 Nov 20
Yes, Coinsph is my primary app. I am using GCash as backup as well as PayMaya.
2 people like this
@ARIES1973 (11426)
• Legaspi, Philippines
8 Nov 20
@GodServantme You can transfer fund from one app to the other and vice versa without fee. Some promo are not available in Coinsph so I need to find those in the other two apps. I can't say no to the customers.
8 Nov 20
@ARIES1973 I think those,3 apps connect ed to each other
1 person likes this
@prinzcy (32322)
• Malaysia
8 Nov 20
I used to sell phone prepaid. It's a good business but the company then ban the phone from being used in the site. Also the company that I purchase the prepaid from start asking for documents which I don't want to give. In the end, I quit.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
8 Nov 20
We also have different companies that provide wholesale and there are many retailers. So far I haven't encountered similar issue.
1 person likes this
@psanasangma (5966)
• India
9 Nov 20
I am not much aware about this. how it works
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
9 Nov 20
Prepaid mobile data and electronic load is popular in our country. Though we also have post paid plans but prepaid is more affordable. The customer would give me the number and I will enter it into the app and the amount he/she wants to buy. That's how it works.
• Philippines
9 Nov 20
I have many years back, but no funding back then. Not sure about now since there are other load centers here, my tenant being one of them.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
9 Nov 20
We need to be prepared with the funds especially that there are people who would buy on credit. We also need to be very patient. I also accept G Cash transfer and I am charging 1.5%. But the most profitable is selling mobile load.
@SHOHANA (16094)
• Bangladesh
8 Nov 20
Never think of it, maybe this business is profitable.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
8 Nov 20
In our country, this is a good business to pursue. First, you don't have inventory, second, you don't need to promote. Those who buy mobile load today will definitely buy again in the next day or two.
@NoorNoor (2131)
• India
8 Nov 20
No I have never considered selling mobile data.I think it's a good idea for business.
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
8 Nov 20
I can say that here in our country, it is a good business to try. People here are addicted to Facebook, Mobile Legend and other online games.
13 Nov 20
Selling online in total strangers is risky business
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
13 Nov 20
I am not selling online. This is similar to buying in a store but the product is digital like that of the mobile load and internet data. Though I also accept orders from colleagues through text and messages from chat. then they will just pay me when we see each others at the office.
@Hytton03 (5454)
• Philippines
8 Nov 20
Yeah why not that's a good business ;)
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
8 Nov 20
Yes, we are earning from rebates and a small fee for every transaction.
1 person likes this
@Hytton03 (5454)
• Philippines
8 Nov 20
@ARIES1973 that's a good extra income;)
1 person likes this
@Cheyee (8362)
• Pakanbaru, Indonesia
8 Nov 20
I never thought about it. But one of my friends started this as a side job, now this became her main income. So yeah i think it's a good business
1 person likes this
@ARIES1973 (11426)
• Legaspi, Philippines
8 Nov 20
Wow! That's a great news! You mean you also have prepaid mobile load and internet data in your country? What app does your friend use for this business?
1 person likes this
@Cheyee (8362)
• Pakanbaru, Indonesia
8 Nov 20
@ARIES1973 I don't know. She lives far away. We still communicate sometimes.
1 person likes this