If you want to earn more through a very simple marketing technique, then recharge business belongs to you. No sophisticated instrument needed and with a very small man power you can easily manage an effective recharge business. This business will help you in earning millions, while sitting in the comfort zone of your home. Online recharge makes recharge easy and convenient for everyone. So it attracts millions of customers within no time. For a successful online recharge business, you just need a promotion for your site till people come to know about it. And once you are able to rope in customers, your business will become successful within days. There are companies that run online recharge business. They have their own portals and mobile apps. A user is required to open an account and configure his/her account with bank account. Some of the most popular online recharge companies include PayPal, Admobly and Paytym in India etc.
There are several online multi recharge businesses as well that recharge your Dish TV’s, smart phones and Telephones etc.
Online recharge business- benefits
Some of the key benefits for online recharge business are as follows:
- You can recharge your phone from Office, Home or anywhere by just dropping an SMS. And you don’t have to visit retailer personally.
- You can recharge your phone anytime from anywhere making use of online recharge Apps and Portals. Recharge portals are where one can avail Single SIM Multi Recharge services.
- You can recharge smart phones of any popular network like Airtel, Vodafone, Reliance, Tata Indicom and reliance. And online recharge is just a matter of seconds. So it saves your precious time.
- The service is available for the Customers 24/7, so no time binding for customers.
- And it exempts you from maintaining paper recharge coupons.
- Recharge companies announce offers for their customers from time to time. You will get exciting discount offers on online multi recharge SIM services.
- It recharges your phone quickly and accepts all card payments.
- Your money is refunded to your account, if the transaction you made gets failed.
- And there is no limit on transactions.
What is the procedure to start an online recharge business in India?
There are already a lot of the startups in India running online recharge business. Some of the most famous online recharge companies in India are Paytm, Mobiwik and Admobly etc. These online recharge portals focus mainly on DTH, mobile and some other services. Before starting an online recharge business, you are required to fulfill certain legal and technical formalities.
The procedure to start an online recharge business in India is as follows:
- First of all register your company. You can register your company under private limited company or choose one of the below three options
- Sole Proprietorship Firm
- Partnership Firm
- Private Limited Company
- Then prepare your legal documentation and book a domain, Hosting and Web Developer
- Book the API & Payment Gateway
- Payment Gateway Setup with DSS Compliance
So read this article thoroughly, start your own online recharge business and earn millions.