You must have wondered if there is a way to convert airtime to cash in Nigeria. Yes, there are several ways to convert your surplus airtime into cash. When I say airtime, I don’t mean all those numerous recharge bonuses you have. I mean airtime gotten by the following means;
- Recharging or mistakenly over-recharging your phone when buying airtime with your bank account.
- Received airtime transfers from friends, that you aren’t willing to use.
- Received airtime as a means of payment for goods and services.
Other means may be included but, these are the ones on top of the list. At a glance, you may think and say why don’t I just sell the airtime via transfers to friends and family.
But I tell you, that way may be a difficult road to the thread as there are so many faults that come with it. But there are different online platforms that collect your airtime via transfers no matter how big or small it is and send you your cash in less than 24 hours. The aim of this article is to bring to light some of the online platforms that render this service and give you options for exploration.
Ways To Convert Your Airtime To Cash In Nigeria
As mentioned earlier there are many online platforms that deal with the conversion of airtime to instant cash (money) but they all have their unique qualities. Some of these platforms and their uniqueness will be talked about in this section. They are as follows;
1. iPayAirtime
iPayairtime is a platform designed to offer airtime as payment. They offer various services that require the use of airtime as payment our main focus here is the conversion of airtime.
How to convert airtime to cash with iPayairtime
Go to www.ipayaitime.com
Click on register, complete the form and your password will be sent to you via email.
With iPayairtime, during your first login, you’ll be asked to verify yourself by uploading a valid Government approved ID card such as; Voter’s card, Driver’s License, international passport, and National identity card. Any of this will suffice.
How To Convert Airtime To Cash On iPayairtime
After verification or logging in, to convert your airtime to cash you have to deposit it in your wallet.
Click on the ‘Deposit Airtime’ menu then fill and deposit the request form
Then check the eligibility and transfer using MTN share n sell to a number designated to you and your wallet will be credited in seconds
Note: This platform only accepts payment from MTN users only and it is important to keep proof of transfer/payment in case of any compliance.
After all, this is done, the next step is to transfer the money in your wallet to your bank account.
To do this, you click on the ‘Withdraw Menu’, fill in your bank details and the funds will be sent to your bank account automatically.
It is important to note that; there are fees attached to this service. These fees are as follows;
- A 15% deposit fee when depositing to your wallet. Meaning that if you deposit is to deposit ₦1000 you’ll be credited ₦850.
- A fee of ₦50 for bank transfer. This means that if you want to transfer the ₦850 in your wallet to your bank account you’ll be credited with ₦800.
You also get a 0.5% referral commission on all airtime deposits.
2. AirtimeFlip
AirtimeFlip makes it possible for you to convert airtime to money deposited into your bank account with their self-acclaimed fastest airtime converters in Nigeria title, they boast of their transaction being 99% automated.
How To Convert Airtime To Cash On AirtimeFlip
Go to www.airtimeflip.com and click on the register/login tab. If you’re registered, log in. If not register.
Once registered log in. on the first login, you’ll be asked to fill out a form that requires your account name, account number, and bank name. fill out the form and submit it.
Once submitted you’ll be led to your dashboard like the one below. Fill it out and click on submit.
After submission, you’ll be led to a page like the one below, where you’ll be asked the account you want to deposit it to. Either the one you filled in earlier on or another account may be that of a friend. Do as you wish then submit.
After submission, you’ll be led to this page which has the number you are to credit the expected sum to and other details. As seen below.
It is important to note the following fees for deposition;
With an MTN number, a 19% fee is attached. That is if you deposit ₦1000 you’ll receive ₦810.
With an Airtel number, a 25% fee is attached. That is if you deposit ₦1000 you’ll receive ₦750.
With a Glo number, a 30% fee is attached. That is if you deposit ₦1000 you’ll receive ₦700.
With a 9mobile number, a 35% fee is attached. That is if you deposit ₦1000 you’ll receive ₦650.
This AirtimeFlip platform also has a 2% referral commission on all airtime transactions.
3. Cheetahpay NG
Cheetahpay NG is one of the many platforms that convert airtime of all networks at a discounted rate.
How To Convert Airtime To Cash On Cheetahpay NG
Go to www.cheetahpay.com.ng at a glance, you’ll see the register/login tab click it. If you’re registered, log in if not register and fill out the form assigned to you.
Once registered, log in and you’ll be presented with a form that requires you to update your details by filling in your bank details and other necessaries.
To convert your airtime to cash you’ll first of all deposit the airtime in your wallet before you can be able to withdraw it. So, from the dashboard, you’ll click on airtime deposit. Here you’ll receive a prompt asking if it’s an airtime transfer deposit or airtime pin deposit. Pick your preferred. If it is the airtime transfer you picked, you’ll see a form like the one below. Fill it out and click on deposit. And your wallet will be credited once you’ve made the transfer.
If it is the airtime pin you picked, you’ll see a page like the one below input your pin and click on deposit. Your wallet will be credited once it has been verified. Note that you can also add multiple pins at the same time. Click on the multiple pin link at the top and you’ll see a menu where that can be done.
After deposition, you’ll reckon with me that the most important part is withdrawing. Go to your dashboard, and click on withdraw. When you click on withdraw, a menu will pop up asking you the amount. Fill in the amount you want to withdraw and click on withdraw and the money will be deposited in your account in no time.
It is important to note that for this platform, the minimum withdrawal amount is ₦500 and a transfer fee of ₦60 is attached to all withdrawals done.
4. Zoranga
This is another platform that is used for the conversion of airtime to cash among all others. But Zoranga is limited to just MTN and 9mobile network. Just like others, Zoranga does it conversion by first accepting a deposit in the user’s wallet and then transferring from the wallet to a specified bank account.
How To Convert Airtime To Cash On Zoranga
Go to www.zoranga.com . At the top, you’ll see a tab where you can click signup or log in. if you’re a registered user login if not sign up. When you s=click on signup, you’ll be presented with a menu that requires you to choose an account type, either personal or merchant. Click on personal and you’ll be presented with a form. Fill out the form and click on register.
Once registered you’ll be required to fill a form that includes your bank details. Fill it and you’ll be presented with a dashboard.
On the dashboard, you’ll be given a choice of depositing with MTN or 9mobie pick one.
Once chosen, you’ll be presented with a menu that requires you to fill in the amount and the phone number you’ll be transferring from. Fill it out and click on deposit.
After that is done, you’ll be given the number you are required to transfer the airtime to.
After the transfer is done, click on confirm and wait for your wallet to be credited.
When your account is credited go to your dashboard and click on transfer money. When you click on transfer money, you’ll be given an option on whether to transfer it to your account or another account. Make your choice, proceed, enter the withdrawal amount, submit and wait for your account to be credited.
The transfer fee/deposit fee has not been specified by Zoranga.
I hope with this article you’ll be able to convert that excess airtime into cash for yourself. Choose the one suitable for you. But personally, I’ll recommend the first, the second, and the fourth.
Thanks for reading!!!