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Home » Finance & Accounts » ePin
| ePin reseller Partnership |
| Last Updated : 15/Apr/2009 |
Viewed : 1493 times |
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Thank you for your interest about partnering with VTN.
There are various ways to partner with VTN, but if your goal is to be an ePin reseller and make money as commission on every epin sold from your computer, then you should definitely ask us to activate your epin reseller account.
To accepted our partnership agreement here:
Logon to your vtn account and click the link below
http://www.virtualterminalnetwork.com/cardholder/ApplyePinReseller.asp
Note: make sure you have logged in before clicking on the link above.
This will take you to an automatic activation page provided you are logged on before clicking on the link above. Also
(There is a N10,000 minimum balance amount required on your VTN account in order to activate your reseller account.) To be increased soon! So you should act now.
Once activated you will receive a welcome email confirmation via email and instructions how to get started.
You can download a few, many, store and sell pins from your computer to your clients at your own convenience.
You may also sell as you make sales, so you don’t have to tie down your capital.
These pins (in different denominations) can only be used by your customers to add funds to their VTN account instantly.
Question: Why would somebody purchase a pin from me when they can visit any of the participating Banks and fund their account?
Well, it depends on the time of the day, your business type and the needs of the customer.
Below are some of the reasons why our resellers are experiencing high patronage and the reasons below directly answers the questions above.
Would you rather purchase a pin, get your account funded for a small fee if a reseller is close by or would you rather go to the Bank to fund your account?
Responses from our reseller:
- Our customers purchase ePins from us to fund their VTN account instantly because its cheaper than going to the Bank in the long run, time wise and especially if the amount is small.
- Banks are usually closed when majority of our customers come to cyber cafes, so it makes sense to purchase epin rather than waiting for the Banks to open the next day.
- Fee: The fee is convenient and not a barrier at all
- Urgency: Many of our customers have the cash, and want to put it in their VTN account without waiting inline at the Bank.
- Some argued that it cost more to go and deposit funds at the Banks than simply purchasing epin from a reseller and redeem it online because they don’t have to pay a taxi or drive to the Bank.
- Some epin resellers sell to their co workers online and they collect their cash while in the office. This method saves them time and money.
The way it works is that whenever you as a reseller of ePins have a need to download ePins, the exact amount is deducted from your VTN account, but when you sell using the interface we provide, the customer must have paid you by the means agreed between the two parties plus your commission.
Resellers can determine how much they charge as commission
VTN also provides you easy interface to download ePins and send to your customers via email, text via GSM phone or on the spot if you have a shop.
What we need are:
Accept the ePin reseller agreement here: Link and simply open a ticket and contact our "ePin activation department" to activate your ePin reseller account. Do not request that we activate your ePin reseller account until you have funded (There is no minimum amount required to start.) your VTN account through the Bank.
Important consideration: In determining how much you charge as commission, please consider that fact that you pay minimum of N50 each time you fund your reseller account. That is 2.5% plus N25 if the fee is less than N50, you pay N50 minimum otherwise it is 2.5% plus N25.
This amount is deducted when we credit you
The 2.5% PLUS N25 is only applicable to amounts below N25,000. You pay lower fees on amounts above N25, 000 (1.5% and N50) Minimum of N50
So the fee you charge your customer should be above 2.5% plus N50 (This is just a guide)
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