What is Mobile E-topup / E-Recharge
Mobile E-Top up is also known as Reload and Multi recharge, E-Recharge or Single sim all recharge software or EVD ( Electronic Voucher Distribution) Software. It is a simple method which had to replace the conventional method of recharge via scratch card to Electronic topup. In this with the help of software people can do a recharge of their phone on their own.
In this with a single Sim and single balance you can do the recharge of all the mobile network. The company who start this business they uses API of the telecom and integrates it in the software with the help of this software. Admin distributes the recharge of all the operator to his network. For this distributor only need to pay admin to get recharge or E-pin of all the operator.
For example currently, if you want to do the recharge of A Operator than you need to purchase balance from A operator and after that only will be able to do A operator recharge. Same way if you want to do a recharge of B Operator you need to buy balance from B operator. But in this E-top Software / Muti recharge software you need to buy balance from a single person to do a recharge of all the operator.
There is a different type of software based on client needs.
- B2B Software: Which is know as Business 2 Business. In this software, the company (Software Owner / Admin) make its own dealer and distributor network & with the help of that, he sells the recharge. In this Admin make Master Distributor, Distributor and retailer and retailer is the one who sells recharge to the ultimate customer. Admin set desire percentage for all the level from the master distributor to retailer. In this software, you also get the liberty to create N Number of distribution levels.
- B2C Software: This is known as Business 2 Customer. In this software, company target directly to the ultimate customer, who come to the company website and recharge his phone and make a payment with payment gateway using his/ her debit or credit card or via internet banking.
- B2B & B2C Software : As its name suggest this is a software which is combination of both the software in this you can run your business both way with a single software you can also distribute recharge via your B2B retailer and distributor network and at the same time you can target to the ultimate customer with B2C who can directly recharge through your website.
- EVD ( Electronic Voucher Distribution) Software: In this software, you will be able to do the recharge with the help of pin this has replace the scratch card into a simple pin printing. In this, with the help of small POS machine or printer, you print the pin and give to customer or if you wish you can directly send Email of SMS to the customer mobile No and Email.
- Kiosk Method: There are many kinds of kiosk available in market-based on your requirement you can choose which one you want to use. In this customer use kiosk to do his mobile recharge through his customer can do Direct topup or he can use a pin to recharge his mobile phone whatever is provided by the company.
How this business of E-topup or E-Recharge works.
E-Top of business is a growing business in all those market where people yet use pin and scratch card to do the recharge of their mobile Phone. E-top up gives convenience to the customer to recharge their phone from their home or through the app which is a very easy method of topup.
People who start this business they choose software based on their vision of Business for an Example if they want to do this business via B2B network or B2C way.
In B2B they run it through their network in which whatever commission they get from telco from that they share a certain percentage to their downline.
For Example: If you get 10 % ( 10 $) from operator you will keep a certain percentage of it ( 20 % (2 $)) with you and rest you will share with your downline ( Distributor 30 % ( 3 $) retailer 50 % ( 5 $).
If you do B2C you need not to share any percentage with the customer if you wish you can offer a discount on recharge or offer some coupons to the customer on each recharge.
Hope this Article has helped you all to understand the business of Mobile recharge / E-topup.
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