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How do you make a profit.
- You sell for example R12 airtime from your airtime stock
balance to your customer.
- The customer pays you R12 cash.
- Vodacom takes R10.92 from your airtime stock.
- Your profit = R1.08 left in your airtime stock balance (money
in the ABSA account).
- You have now got R12 cash plus R1.08 credit = total R13.08
(R1.08 is your profit).
- If you sell R100 per day your ave profit will be R9 – for every
R100 you deposit your get R109 airtime credits to
sell.
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So for every R12 you deposit you get R13.08 to sell (9% profit
on Vodacom).
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