Monday, 23 September 2019
Dynamics of the RECHARGE AND GET PAID (RAGP) BUSINESS.
Dynamics of the RECHARGE AND GET PAID (RAGP) BUSINESS.
A registered Distributor in RAGP will have the opportunity to:
1. Own a VTU LICENCE/ PORTAL from where airtime, data, cable TV subscription can be paid for and commissions earned from the payment for those transactions.
This is the same VTU LICENCE the banks use in selling airtime & data to us.
2. At the point of registration, every Distributor gets 20% of the registration fee as a bonus and also earns Point Values (PVs), which will later qualify the Distributor for LEADERSHIP AWARDS.
3. At the point of registration, an e-wallet is created for every Distributor where these earns are accumulated.
4. The Distributor can choose to transfer the earnings in the e-wallet to his/ bank account, especially if the earnings are huge; OR REINVEST THE EARNINGS IN THE BUSINESS AS FOLLOWS:
a) use the earnings to register new Distributors;
OR
b) buy his own airtime/ data, or renew his cable TV subscription;
OR
c) distribute airtime to other people.
The Distributor will earn more bonuses and commissions from such reinvestment activities/ transactions.
In RAGP LTD, the use of the VTU LICENCE is structured as a Multi-Level Marketing business.
OTHER INFORMATION
Whenever a registered Distributor brings in a new Distributor to join his/her TEAM, income will also accrue to the existing Distributor from the following ways:
1.The registration fee paid by the new Distributor.
2. ALL the purchases made by the new Distributor on his/her own VTU portal (there are commissions attached to the purchase of each product- airtime, data, cable TV renewal).
The registration fee represents payment to acquire the VTU LICENCE required to buy and sell airtime or data online as specified by the regulator, NCC.
The registration fee is not equivalent to airtime.
So RAGP LTD is registered with CAC and licenced by NCC.
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