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How to start a profitable recharge card printing/Data business in Nigeria in 2024

After food consumption, next  to   it   is mobile subscription. Meaning that mobile subscription has become a formidable part of the people. In this article you are going to learn everything  about recharge card PRINTING and data business in Nigeria

Everybody  eats and everybody needs mobile phone to survive in this world where the world market is no longer in America but in your phone

. It is surprising to note that ,in some people’s scale of preference, Mobile subscription comes first even before food/feeding.

Sounds funny right ?

“`But that’s the truth ..“`

Some people will rather use their last 500 Naira to buy recharge cards or data than purchase food.

Statistics shows that as at January 2023 there were 222.5 million telephone subscribers in Nigeria

MTN topped the list with subscription of over 123 million subscribers, followed by GLO and Airtel.

Remember, there are four  major mobile network providers  in Nigeria: MTN,Globacom,Airtel, and 9Mobile.

           MOBILE DATA BUSINESS IN NIGERIA

There were 122.5 million  internet users in Nigeria in January 2023.

As at of the end of  2022 the average monthly mobile data usage per smartphone was 4.7 GB & is expected to increase to at least 5gb.

This is to let you know how endless & big the market is .

In recharge card business everybody is your customer including your enemies.

Before we go into  the main point,

WHY DO PEOPLE PREFER TO BUY RECHARGE CARD RATHER THAN BUYING BUYING WITH THEIR BANK APP?

For some reasons, some people don’t like to recharge their phones using  Bank Apps or USSD method but wouldn’t mind going 100 meters in search of physical Recharge card .

Below could be some of the reasons

  1. People believe that recharge EPINs from Banks don’t last. This arguably could be true considering their exorbitant prices on Mobile data .

Data sold on Agent Apps for like 350 are sold on Bank platforms for like 1000 Naira . You could experiment this yourself

  • 2. Not everybody uses bank account and some  that have do not regularly fund it

Remember, you need money in your account to enable you buy data

3. A lot Nigerians are not tech savvy. Anything that involves technical knowledge   appears too high to be handled .

TOOLS FOR RECHARGE CARD PRINTING BUSINESS

To start a profitable  recharge card  printing  business  in Nigeria you need the following:

1. PHONE: in this jet age,simple smartphones can do 5 times of what a good laptops can do .

You need phone to access EPINS and more

2. PRINTER : this comes in different forms

  2a.  MACRO P RINTER ( usually HP printers such as HP LASER JET P1102 )

This printer is about a one hundred thousand Naira ( N100,000 ) or more now .

This type is completely manual( no wifi or Bluetooth connections you connect through a cable to a laptop) and it prints mainly black and white, but there are higher versions .

Such office jet pro 8620,8025 and many more

2b: MINI PRINTER:   this  printer is what many people are using  now  for  recharge card Printing business.

It prints recharge card and receipts with ease. It’s handy & equally cheap . It is called MINI BLUETOOTH PRINTER  or Mobile Printer  because you could print any EPIN no matter the size just by connect it to your phone .

I  sell this printer and can waybill to any part of Nigeria . You can contact me on 08060777979

The original one is 40,000

You can click the YouTube link below to see where I made a video on how to set up this printer

  • BLUETHOOT THERMAL PRINTER APP : This App  links  your phone with the physical Mini Bluetooth printer.
  • PAPER : there are two kinds of’ papers depending on the printer you are using , one is called A4 PAPER and it’s for big printers. It is  contains about 500 pieces in a pack and currently may be up to  ten thousand Naira depending on  the area .

Another kind of PAPER  is called THERMAL  PAPER and mainly for the small Bluetooth Printer and POS machines,If bought in bulk, price should be about 100 Naira for one .

  • NETWORK : you need good network, data for recharge card Printing business. To connect & get EPINS you need mobile network, so ,this is important in recharge printing business.

6. EPINS : this is one of the most important aspect of recharge card Printing business.

It’s these  EPINS that people dial to be able to subscribe.  There are 100,200, 500 recharge EPINs ,.These EPINs are the things you buy and sell to customers.

  DIFFERENT METHODS OF RECHARGE CARD PRINTING

There are different methods for RECHARGE CARD PRINTING but I will sum them up into two .

  1. Old  method.
  2. New Method

1. Old method: Even though it’s old method ,some persons still use this method now.

Old method is good & it  has lasted for years but it is rigorous & time consuming .

For the old method, you need the  following:

E-PIN DEALERS, SOFTWARE & PRINTERS .

EPIN Dealers are companies that intermediate between network providers & recharge  card wholesalers/ retailers/dealers . These people are licensed to sell E-PINS. These requires huge amounts. To print these PINS.

You need what is Called software

software is used to convert these codes into usable PINS of all network.

TYPES OF RECHARGE CARD PRINTING SOFTWARE

There are two types of Software

Universal and  limited software.

With Universal  Software ,you can print recharge card of all denomination or network.

While limited software is used for a particular network.

 However, these Software are not free.

                          MODERN METHOD OF PRINTING

Modern printing requires Apps. &  some of  the features of old   method are integrated in the Apps . Technology is gradually changing everything. Most  business activities are now automated especially online, thereby saving us so much time and cost .The modern pattern doesn’t require all the aforementioned rigorous procedures  aforementioned, with just a click of an app you can Customise recharge cards Printing in your name or   business name and even print faster .

In the course of this , I browsed the internet to see APPS that one can Print recharge EPINs or data EPINs from but they were all requesting for money to be upgraded except one called KING OF DATA.

WHY KING OF DATA APP

King of data App appears to be the best amongst these mobile agent data Apps because the  app allows you to register  for free and  print recharge EPINs without paying  a dime for subscription

King of data allows users to print at the company price meaning, he  has given all his profit to users  of the app.

Apart from  recharge business , King of data can be  used  to make money in other areas , you can use it to print Data EPINs , DSTV, GOTV Subscription, Buy and sell Exam PINS such as Jamb, WAEC,NECO   and even electricity token

To download king of data  app , click here

Or you could use the website to do same thing https://kingofdata.com.ng

To watch how to install the  Bluetooth mobile app printer , watch the video below

How to download, setup and use bluethoth printer for recharge card and data printing

IS RECHARGE CARD AND DATA PRINTING BUSINESS  PROFITABLE ?

This is one common question people ask .

First of all , let begin by saying that  most business that easily make people billionaire are those that their profit come in  like 50 kobo  to 5 Naira  not all those ones that make you millions at a time and may never come  back in a long while.

The power of  making  mega money  from recharge card is the   short margin and quantity sold .

Most times , people think  recharge card printing business is not lucrative , purchase price forr 100 naira recharge card is 98 Naira  and they consider  paper and effort  but the truth is , recharge cards now are sold for 103 to 105  to retailers and they sell at 110 or 120.  A  market research  I conducted just  days ago shows that people are buying 100 recharge card in my town for 120 Naira .

Now imagine that the EPINs you bought  for 98 Naira   you now sell at 104 Naira , you will making 6 Naira Per EPIN but let’s consider paper  and other cost and make it 5 Naira , you will be making mega money . assuming you printed only 10,000 E-PINS, multiplied by 5 that will amount to 50,000 Naira . Imagine making it 50,000 EPINs that will amount to  250,000. This is huge .

But you know what  , Mobile Data PINs give far more  profit than  recharge card printing  business . The Mobile data  EPINs you bought for 120 could be sold   300 Naira . so in  doing recharge card printing business , you must combine it with Mobile Data Business .

HOW MUCH  WILL I  USE TO START RECHARGE CARD/DATA PRINTING BUSINESS

This is one the most recurring question in my online training on Recharge card business

The truth is ,  no amount is too small or too big .

From experience , sixty thousand Naira can start  you recharge card/data printing  business

    HOW DO I FIND CUSTOMERS  FOR MY RECHARGE CARD /DATA PRINTING BUSINESS ?

Like we  stated above ,  everybody is your customer. For data, you can sell anywhere online and offline.  You can sell to contacts on  your  Whatsapp or Facebook.

From professional observation , while recharge card sells everywhere, it sells more in rural areas.  Your prospective customers could be  more in rural areas than urban areas .

My name is Okpara ijezie kingsley .

For enquiries , you could reach out to me on 08060777979

Wishing you the very best in this business

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