Making Money From Mobile Credit

Mobile phone service providers such as Orange or O2 offer contract (postpaid) payment plans too numerous to count. Subscriptions for these plans vary from one company to the next but all charge a set fee monthly whether the phone is used or not. Apart from contract plans provided by service providers there is usually a pay as you go (PAYG) option which has been incredibly popular in the past though more and more people are moving to contract plans these days. However, whichever plan customers choose, they will ultimately have to pay for credit in order to use the services offered.

As mentioned above subscribers can opt for a prepaid plan or a contract (postpaid) plan. In the former, a customer buys credit through a card and loads it into the phone. In the latter, the phone company lets the consumer use as much as they want and they are billed for the amount of credit they have used at the end of the month.

There are a number of ways to make money from your mobile. A number of network providers offer deals for topping up monthly with credit such as free minutes or texts. These free incentives might be all or most of what a customer needs each month and so over time a substantial amount of credit can accumulate which means in a way, customers end up paying for a top-up or contract that they don’t use. Other customers may have an old SIM card that they no longer use after switching to a new contract or buying a new phone that comes with a SIM that they never intend to use. This was money wasted but now you can use a site on the internet that specializes in buying unwanted credit from customers of most mobile phone service providers.

In order to sell your unwanted credit all that is required is a mobile phone number and an email address, payments are processed via PayPal but if you do not have a PayPal account one will be set up for you using this information. The unwanted credit you had sitting on your mobile phone SIM card can then be sent to your bank account or be used to pay for items at thousands of online shops.

Another way to make money from a mobile phone with credit is advertising. This has always been a profitable area for big business but in recent years with the spread of the internet and mobile technology people are starting to be paid for being advertised too. There are lots of sites out there that provide advertisers with a direct route to your mobile phone. You can sign up and receive SMS messages from these advertisers; with each message comes a cash payment and though this may be a small amount other incentives such as voucher offers are often included to increase the benefit of using these programs. The advertising will be catered towards your interests so it’s really a no lose situation.

About the Author:
Dale Bidwell is the author of this article on Sell. Find more information, about credit here