A mobile recharge agent is the key element of recharge industry network. He is the only one who actually does the transaction. Here transaction means recharge or payment of customers mobile, DTH, data card, postpaid bills & land line bills. Out of several levels of recharge network hierarchy, agent is the only one who actually faces the customer.
Anybody who has basic knowledge of computer and internet, have sufficient space to sit, a location with good footfall, where retail customer can catch him for recharge or bill payments is eligible to become a mobile recharge agent.
An agent always have a choice, whom he want to work with. He can register directly with the company like Rocket In Pocket or with distributor of Rocket In Pocket, in his area. If distributor is involved their commission comes through distributor and in this case the commission they earn, are comparatively low, as compared to direct agents of the company. Secondly in this case an agent will deposit fund in distributors account and submit balance request to his distributor only.
And in case he is direct agent of Rocket in Pocket, then he will deposit fund in companies account and submit balance request to company only.
This is a fact that online recharge industry has given birth to some frauds and cheats also, so based on their bad past experience , considering this risk and insecurity involved, agents sometimes prefer to work with distributor of his area.
Rocket In Pocket assures all our business partners that we follow best practices, business ethics and all our processes & transactions are online and properly documented. So there is no scope of any cheat or fraud in our system and in rare case of any dispute it can be handled professionally.
But again choice is his only. He is welcome for both ways, whether he want to join us directly or through a Distributor.
Some facts about Margin Structure & Technology Involved:
There are two type of margin / commission structures available in the market. One is fixed percentage based , irrespective of mobile or DTH operator, and other one is variable percentage which varies operator to operator.There is a difference of technology involved in these two. Fixed percentage type is basically a Local Area Payment Unit (LAPU) based technology. This is an old technology , its response is slow and recharge success rate is very low and sometimes at peak hours it does not work at all. Variable percentage type is a web based Application Program Interface (API) technology. Web based API is a latest technology, it is fast and success rate is also very good. Normally Web based API commission structure is less than the LAPU based commission structure.
If you want to do a hassle free recharge business then go for Web based API and variable commission structure instead of fixed commission structure.
Rocket In Pocket only deals in web based recharge API technology. To know our commission structure do free online registration at our website.
- Instant commission credit in wallet after every successful transaction.
- Instant automatic refund of failed transactions.
- Agents can view their transaction and account ledger.
- Balance update possible from 9 AM to 9 PM and even on weekends.
- Balance update within 15 Minutes for online transfer within same bank and maximum 2 Hrs for NEFT transfers.
- No minimum balance transfer limit.
- Physical cash deposit from Cash Deposit Machine (CDM) is chargeable as per actuals, in case of SBI. Cash Deposit in ICICI is not chargeable.
- All services like Mobile recharge, DTH recharge, Data Card Recharge, Postpaid Bill Payment, Land line bill payment, Air ticket booking under one panel.
- Single wallet for all services.
- Many more services like DTH Subscription, Bus Booking, Money Transfer are coming soon.
For free registration with Rocket In Pocket click here.
For frequently asked questions relate to our services or products and live demo of our B2B Agent panel click on the links below:
If you have any query related to our services or products please feel free to contact us at +919599030641 or email us at email@example.com.