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Monetizing Credit on Prepaid Cellphones (bulk)

Discussion in 'Making Money' started by Kaliber45, Sep 9, 2014.

  1. Kaliber45

    Kaliber45 Newbie

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    Hello everyone :)

    Luckily I can get my hands on bulk Sim Cards in Germany, almost limitless supply. I pay 1€ each and they have 10€ credit on them, so there's plenty of money to be made.
    Currently I am trying to figure out how to monetize this initial Credit and, so far, I have discovered two ways of doing so:

    1. Set up a web page, write some crappy eBook or anything quick and monetize it by paying for my own eBooks via mobile payment / carrier bill - SIM by SIM. Does anyone know which are good mobile payment / premium SMS providers to "pay"? (Preferrably "anonymous", at least as far as it's possible and as offshore as possible)

    2. Set up a phone line which costs like ~3€ per minute and call myself until the credit is gone, then change SIM. Unfortunately in Germany it doesnt make that much sense because you only get like 30% share.

    Anyone have some fresh ideas on this, would be greatly appreciated :)
     
  2. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Premium Member

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    Can't you just sell the Sims for $2-$5 each if they have $10 credit on them?
    If they are only costing you $1, it is still a reasonable return if you make bulk sales.
     
  3. PaulStark27

    PaulStark27 Newbie

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    I have good ideea, add me on skype: paulstark27
     
  4. murdokmb

    murdokmb Registered Member

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    Maybe Join a CPA network with PIN submit offers.

    Can you use all those 10 euros at once or you can only spend a 1-3 euros per month?
     
    Last edited: Sep 9, 2014
  5. Kaliber45

    Kaliber45 Newbie

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    W130SN: As I work in that kind of branch i can tell this would have no success at all. Long story short, I'm afraid I can't :(

    Paulstark: Sure, I will add you tommorrow :)

    murdokmb: Sounds good! There's no difference on how to spend the credit, so I could use all 10€ at once. If I do so, how much share do I get approximately?
     
  6. Magic5

    Magic5 BANNED BANNED

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    Lol nice and black hat good to see people taking fresh approaches.
     
  7. superduper7

    superduper7 Regular Member

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    Already know this method I used do this
     
    Last edited: Sep 9, 2014
  8. murdokmb

    murdokmb Registered Member

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  9. bigbroski

    bigbroski Newbie

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    I am not sure, but i think that you can only use that 10? on SMS/Calls. So if you would want to send premium messages, you would have to actually buy credit. But i might be wrong, let me know ;)