Top Benefits of Selling E Top-Up – To Service Providers

Over the years, the service providers have tried to bring in several beneficial prepaid plans for their customers, so that the latter can enjoy uninterrupted hours of calling and texting. As far as E Top-Up is concerned, these can be done in any of the following two ways:

• E-Vouchers – In this form of recharging, the e-PIN is generated, which is then provided to the customer via printing it on a piece of paper, or texting it to the customer’s number directly. Using this PIN, the client can then top up their cellphone number to enjoy calling and texting.
• Voucher Less E Top-Up – As the name says it all, in this form of top up, a voucher or PIN in not generated. In fact, the service provider just feeds in the number of the customer in their system or a mobile phone and top it up directly from the system.

In both forms of E Top-Ups, the customers do have a lot of benefits as they can keep these vouchers with them and whenever their plan expires or finishes, they can top it up using the printed PIN. However, interestingly, this service has tons of benefits for the service provider as well. Some of these include:

1. Increased Profit & Reduced Cost – When the top ups are done via computer system, there is no need to print them out and provide them to the customer. Hence, a lot of costs related to paper, printing, distribution, warehousing, transportation etc. are eliminated. The money, which is saved from such unwanted expenses, can be then used for other expenses related to your business.
2. Wider Market Reach – With ease of doing E Top-Up using a mobile phone, a service provider can serve the customers even in the remotest area, provided that they have cellular network coverage. By providing such ease, the service providers can not only increase their income manifolds, but expand their customer base as well.
3. Increases Income – By doing E Top-Up, the service providers can get back decent amount of commission from every top up that they do on any number. And, as the initial investment cost of this service is marginal, you can invest just a little amount of money initially and reap in continued benefits throughout the life.
4. Value Added Modules – Starting E Top-Up business is not just about doing top ups on customers’ contact numbers. In fact, it involves providing value added offers to the clients so as to facilitate them what they want. Resultantly, when a service provider delivers more than what the customers want, they can improve their market value as well.

So, wouldn’t you like to get all these benefits? If yes, then you need to start E Top-Up service. Begin it now and start getting the enormous amount of benefits that it has to offer.

6 Tips to Find a Reliable Credit Card Processing Provider

With advancements, there are tons of outlets where people like to shop. And, the most preferred payment method opted by both seller and consumer is Credit Card Processing. It is the mode of payment in which the retailer fills the amount in the machine and the customer is asked to either swipe, insert or tap the card on the machine to make the payment. Once the card is processed and accepted at the backend, the customer is prompted to enter the PIN. When the PIN is accepted, the payment is deducted from the customer’s account and transferred to the retailer’s account.

If you are a business owner and want to look for different Credit Card Processing options you have, then you surely will get confused after looking at so many options that are available for you to choose. So, for your assistance, we have listed some of the helpful tips that will let you choose the best Credit Card Processing provider as per your business needs. So, let’s have a look at the tips below:

1. Decide the machine as per the income you get from your business. If you are earning anything less than $3000 a per month, then you need Credit Card Processing machines that deduct a marginal amount of the transaction amount, irrespective of monthly amount. Hence, in totality your expenses stay low. But, if the income of your business is more than $3000, then you need to research about the companies that provide Credit Card Processing solutions with low monthly charges.
2. Apart from the type of machine, you also need to finalize how you plan to accept payments – via terminal or checkout counters. Either way, you will have to get in touch with the Credit Card Processing Company to know about the way they work and process the payments.
3. Never stick to just one service provider. Instead, get quotes from atleast 3 companies. Compare their prices, offerings and additional services. This will let you know about the different options you have, before finalizing the one that is best as per your business needs.
4. Research thoroughly about the pricing of the company from which you want to get the Credit Card Processing machine. The factors that need to be checked are the monthly fees, PCI compliance fee, chargeback fee, batch fee, Merchant’s location fee, and gateway fee. Read every page of the contract so that you are well aware about all the terms, conditions and hidden charges that may incur later on.
5. Get a monthly plan instead of getting a longer duration plan. Most of the companies do come with plans such as one to three year plans. And, they do have cancellation window of around 30 to 90 days. In case you terminate the plan before the contract ends, the company imposes lot of other charges on you as well. Hence, get aware about the contract terms and conditions thoroughly before you sign it.
6. Though you have an option to lease or rent the Credit Card Processing equipment, but advised is to buy it for yourself as the price is very affordable and comparatively cheaper than renting or leasing the same.

Credit Card Processing is a boon for businesses these days. So, if you don’t have it at your office at the moment, get one today to unfold lots of advantages that it has to offer.

Business Cash Advance – Is It Worth The Hype?

Individuals thinking about starting a new business are often seen debating between whether they should get a bank loan or Business Cash Advance. However, most of them are seen inclining towards the latter in most of the cases. If you are also planning to start a business in the near future and want financial assistance, then have a look at the enormous amount of benefits that Business Cash Advance can provide to you.

 

1. Banks rely on established businesses and grant them loans in no time. However, if you are new in the market, Business Cash Advance is a better option because companies that give business cash advance give it only to those companies, in which they see some potential. And, if you are able to convince them with your business plan, you can get advance in no time.
2. For bank loans, documentations that you need to take to the bank include stocks, bonds, personal assets, guarantees, equipment and real estate that you have. Based on that, the loan amount to be sanctioned is decided. If you do not have sufficient assets, banks will straightaway say No to you. On the contrary, you don’t need any collateral in case of Business Cash Advance.
3. In case of bank loan, you also need to invest a set amount of percentage into your business and the remaining is provided by the bank. However, in case of Business Cash Advance, you can get the entire amount sanctioned because the companies understand that starting a business requires a lot of money, and not everybody is able to make the investment at their own end. After all, why would someone take a loan if they have the money themselves?
4. Approval rate in case of bank loan application is also very low. However, in case of Business Cash Advance, the initial approval is obtained within 24 to 28 hours of application, and the amount gets transferred to your account within a week.
5. On top of all these, as you do not submit any collateral for getting Business Cash Advance, there are no chances of losing it to the bank. However, if you have a bank loan and you fail to repay the initial amount, your collateral is sold by the bank in order to get back the sanctioned amount of money.

So, what do you think? Which is better – bank loan or Business Cash Advance? Smart businessmen will always pick the second option!