Do you need some extra bucks by the side? You can earn extra income at home through e-loading. The Philippines is one country that is known for its millions of subscribers, selling prepaid credits is a viable option to get some cash rolling in.
A few important considerations in running a business is the initial investment, profit, and sourcing of raw materials or services. E-loading is a viable option as it requires low capital, fluidity of investment, and buying retailer load wallet for commercial purposes is widely available.
How to buy load wallet using Gcash
If you are interested in making a business out of e-loading, you can either become an exclusive retailer (Globe or Smart) or third party provider (e.g. LoadCentra).
Exclusive Retailers
Under the exclusive retailer option, you can only sell prepaid products provided by the specific network such as Globe (Globe and TM) and Smart (TNT and Smart). You can earn anywhere from 4% to 10%.
How to buy Globe retailer load wallet using Gcash
Step 1. Ensure that what you have is a retailer sim and not a regular sim. Globe retailer sims can be bought at accredited Globe shops or pop up stores.
Step 2. Download and register to GlobalOne application in order to avail of rewards or discounts offered by Globe.
Or
You can go to their website at https://www.globe.com.ph/retailer.html. This is very easy. Unfortunately, the site is currently under maintenance. Use the alternative below.
Step 3. For the GlobalOne app, tap on Buy Load.
Step 4. Enter the amount or denomination you wish to purchase. Options available are Php 300, 500, and 1000.
Step 5. Select your preferred payment option. For a smooth transaction, tap on Gcash.
Step 6. Confirm the order by clicking Next.
Step 7. Wait for the reference number confirming that the process was successful. You will also receive a confirmation SMS, together with the amount purchased and reference number.
How to buy Smart retailer load wallet using Gcash
For Smart load wallet, you can only reload through designated Smart provincial distribution and load connect machines inside the mall or kiosk in 7-11. Currently, there are no options to directly purchase using Gcash.
LoadCentral
Another option that you can choose to include all providers and use Gcash for ease of payment is LoadCentral. With LoadCentral, you can sell prepaid credits for all prepaid mobile network subscribers, Do take note that this is a third party distributor. So, if any dispute occurs, you have to contact LoadCentral and not the service provider.
E-loading may not be the most lucrative way to earn income. But, it offers an additional source of funds to get extra funds. Still, it is a win-win investment considering it requires low capital, minimal manpower, and ease of reloading (thru Gcash).
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Last modified: January 18, 2023
