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There are a number of websites on the internet which allow you to make money from your mobile phone, whether that is through advertising or selling your phone credit directly. Advertising is often done via text message on a cash per text basis. People can also sell their unwanted airtime in return for cash. People who buy postpaid airtime from phone service providers are bound by the contract that they both agreed to. In this case if the consumer pays for the service but does not use it they end up at a loss. This is much the same for users of Pay As You Go (PAYG) credit. There are sites that have processed thousands worth of airtime and are trusted to handle your payments securely and safely.
Customers who sell their phone airtime online should have a PayPal account or have a mechanism of withdrawing their funds from PayPal (either a bank account or an online store that accepts PayPal). However, one feature that PayPal has is that it allows those who sell their airtime to receive money even if they don't have a PayPal account.
The process involved in the sending and receiving of money using the service is easy and flexible. Those who don't have a PayPal account will get payment through an email that is sent to the address that the phone airtime customer gave when they offered their credit for sale. This email is meant to alert the person that they have cash that is they are to claim. The email comes with instructions on how the money can be withdrawn from a PayPal account that has been set up for the claim.
The money can be spent by buying various items on websites that accept PayPal or it can be redeemed through a bank account after around three days. The money that a person receives after selling phone airtime might be lower than the face value of their credits. This happens because a certain portion of the paid amount is redeemed by the network operator. There are also certain fees that are charged by those who will process the payment and PayPal. The website where the sale was made usually takes a small amount and the customer is left with at least half the total value of the airtime.
People who sell their credit on websites should expect payment within 14 days of the sale. This is the maximum time frame when the whole payment process can be completed. In case a customer has set up a PayPal account with a certain email address, they cannot change the address on the PayPal account after it has been set up. Therefore, customers should properly check the email address when they input it in the relevant sections of the PayPal registration form before submitting it.
If you sell your credit it can be done for both PAYG as well as contract clients. The billing of the latter will depend with the stipulations of the contract. However people who want to sell their credit should carefully check the details they input and their contract because in most cases these websites don't give refunds.
Selling a top up credit or contract credit can be done for more than the five main networks in the United Kingdom and also in 27 virtual networks.
Dale Bidwell is the author of this article on Sell.
Find more information, about credit here
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