The Business

Why Become a Wiredloop Vendor?

As a Vendor you can provide your customers with a range of prepaid products using the latest technology.

Our Vendors are able to boost their sales by attracting new customers, who want to buy electricity, airtime or pay their Cover2Go Funeral Cover Policy's.

Our profit margins are amongst the highest in the country which will enable the vendor to earn good money selling Wiredloop products.

Vendor Requirements

To become a Wiredloop Vendor you need to meet the following criteria:

• You need to be operating an existing business
• You need to be operating in a community where you attract a lot of customers who have a need for prepaid products

Right click and select "Save Target As..." to download the Vendor Application Form.

Making Wiredloop Work For You

Scenario 1

Credit	Debit	Profit
R993.00 R7.00 Cash Deposit Fee (0.7%)	R48.95 R0.20 Transaction Cost	R5.85 Earned from customer
Balance R944.05

Vendor Banks R1000 cash into Wiredloop Account, 0.7% cash deposit fee is payable leaving vendor with R993 credit.

Customer purchases R55 Vodacom voucher from vendor.

The vendors account is debited R48.95 + R0.20 transaction fee. The vendor earns R5.85 profit, leaving R944.05 balance.

 

Scenario 2

Credit	Debit	Profit
R1000.00	R48.95 R0.20 Transaction Cost	R5.85 Earned from customer
Balance R951.05

Vendor Banks R1000 via telephone or internet banking into Wiredloop Account, (no cash deposit fee) leaving vendor with R1000 credit.

Customer purchases R55 Vodacom voucher from vendor.

The vendors account is debited R48.95 + R0.20 transaction fee. The vendor earns R5.85 profit, leaving R951.05 balance.