What do I receive for my investment?
You will become the Owner of the mobile point-of-sale terminal. You will also receive free credit on the terminal, telephonic training, a manual (step-by-step guide) on how to operate the terminal and marketing material eg. Posters – Prepaid Airtime and Electricity Sold Here etc. The terminal is delivered to your physical address within 4 to 5 working days of receipt of your proof of payment and the completed Owner Agreement.

Am I able to sell airtime from all service providers?
Yes, the terminal can be used immediately in all GPRS areas for prepaid airtime from all service providers including Vodacom, MTN, CellC, Virgin Mobile, Telkom Prepaid and WorldCall.

Am I able to sell electricity from both Municipality and Eskom?
Municipality - Prepaid electricity is functional immediately on the terminals in the Tshwane, Jhb City Power and Polokwane and Ekurhuleni Municipality areas. You may request a list of the municipality areas. The rest of the municipality areas in SA follow as the tender process is finalised. The following Municipality areas are currently in tender: eg Brits, Parys, Stanerton, Witbank, PE, Durban, Rustenburg Municipalies and more.

Eskom – You may sell electricity vouchers immediately from all the Eskom sites. Please note that the very old Eskom clients that place the cards in the metre instead of punching the pin code will require an interface called a mag reader / writer. Discuss with me if you have any further queries or concerns.

Do I have to register with Eskom or the Municipalities?
No, high level negotiations have already been done and finalised with certain Municipalities and Eskom and will continue to be done with the other Municipalities, therefore it is not necessary for you to register directly. When you purchase the terminal, you become the Owner of the terminal. You will then be required to sign an Owner Agreement which will allow you to sell the electricity from your terminal.

What must I do to load Airtime / Electricity? How do I buy and receive my stock?
In order to load airtime or electricity, payment for the amount of credit that you require must be made directly into a designated bank account and proof of payment sent thereafter. Each terminal has a unique code which must be used as the reference number when depositing your payment. The credit is automatically loaded directly to your terminal within a few hours after your deposit has been made with your reference or sooner if requested urgently. There are no minimum monthly amounts required and you may purchase stock as and when and as much as you require. Please note that 0.6% of your deposit is deducted as bank charges for cash deposits. There are no deductions for electronic transfers i.e. internet transfers and ATM payments.

What other expenses will I have in operating this business?
Connectivity fee for an amount of R35 per month will be deducted from your credit. Other expenses will include costs for the paper roll, normal bank charges for deposits into your bank account, your operator’s wages or commission (if applicable).

Why Virtual?
You are never out of stock. You have stock on demand – no financial risk and fraud. There is minimal capital outlay. You have increased stock control – lower or no shrinkage. You have financial control and audit trails. You have secure software with full functionality to manage and consolidate the business. Your stock is protected by encryption until vended.



How do I make profit as an Owner? What are the margins?
See following schedule for owner’s commission rates, profit in rand amount and cost price.

Packages and Commissions

PRODUCT

              

Owner

Owner

Owner

 

 

% Available

 Profit in R

 Cost Price

VODA 12

12

8.00%

0.96

11.04

VODA 29

29

8.00%

2.32

26.68

VODA 49

49

8.00%

3.92

45.08

VODA 55

55

8.00%

4.40

50.60

VODA 110

110

8.00%

8.80

101.20

VODA 275

275

8.00%

22.00

253.00

VODA 1100

1100

8.00%

88.00

1,012.00

 

 

 

 

 

MTN 5

5

3.00%

0.15

4,85

MTN 10

10

4.00%

0.40

9.60

MTN 15

15

5.00%

0.75

14.25

MTN 30

30

5.00%

1.50

28.50

MTN 60

60

5.00%

3.00

57.00

MTN 180

180

5.00%

9.00

171.00

 

 

 

 

 

CELLC 5

5

7.00%

0.35

4.65

CELLC 10

10

7.00%

0.70

9.30

CELLC 25

25

7.00%

1.75

23.25

CELLC 35

35

7.00%

2.45

32.55

CELLC 39

39

7.00%

2.73

36.27

CELLC 50

70

7.00%

4.90

65.10

CELLC 150

150

7.00%

10.50

139.50

 

 

 

 

 

TELKOM 40

40

12.00%

4.80

35.20

TELKOM 50

50

10.00%

5.00

45.00

TELKOM 100

100

10.00%

10.00

90.00

TELKOM 200

200

10.00%

20.00

180.00

 

 

 

 

 

W CALL 10

10

5.50%

0.55

9.45

WCALL 50

50

8.00%

4.00

46.00

W CALL 100

100

8.00%

8.00

92.00

W CALL 200

200

8.00%

16.00

184.00

 

 

 

 

 

VIRGIN 15

15

3.00%

0.45

14.55

VIRGIN 35

35

3.00%

1.05

33.95

VIRGIN 50

50

3.00%

1.50

48.50

VIRGIN 80

80

3.00%

2.40

77.60

 VIRGIN 120

 120

3.00%

3.60

116.40

VIRGIN 180

180

3.00%

5.40

174.60

 

 

 

 

 

SUNDIAL 50

50

13.00%

6.50

43.50

SUNDIAL 100

100

13.00%

13.00

87.00

SUNDIAL 200

200

13.00%

26.00

174.00

 

 

 

 

 

Electricity

Any

1.00%

 Municipality

 

 

Any

 2.00%

 Eskom

 



So, how do you get started?

Start by completing the following form (required for an understanding of your needs and requirements) and fax to 0866513014 or email to phil@virtualprepaid.co.za


Click here to download application form


Click here to download a List of Municipalities





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