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Frequently Asked Questions

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What is Simple Recharges?
Simple Recharges, is a world leader in integrated broad-based cash payment processing solutions. It is historically the first Russian electronic payment system, established in 1997 with a revenue of USD 6 billion in 2009 and over 1.5 billion transactions. Simple Recharges has recently launched operations in India and at present, the Simple Recharges cash acceptance network comprises over 90,000 plus outlets in India alone with a global network of over 5,00,000 outlets, accepting cash payments for the leading operators of mobile and landline communication networks, Pay TV services, Utility Companies (Electricity, Gas), Insurance Companies etc.
What training is required to get started?
It requires very basic and simple instructions to install the application and commence accepting payments for recharges / top-ups. Adequate training and support is provided by Simple Recharges.
How much do I have to Invest to start the business?
It depends on your current facilities and a will to develop this business. For example, if your retail outlets already have PC with Internet connection, or Networked cash registers etc and you work with available cash, you can start easily with zero investments. Even if you don’t have any IT infrastructure, all it takes is a Java Mobile phone with Internet (GPRS) connectivity for you to start off. It is as simple as that. This is a unique opportunity to leverage your existing investments in your retail outlet/retail chain to add an additional revenue stream from a rapidly growing service sector.
How do I connect / tie-up/ partner with Simple Recharges?
Very Simple ! It's very easy to approach and get connected with Simple Recharges services. We have clear and undestable agreement process for all availabe opportunities of Simple Recharge. following are the steps involved while connecting to Simple Recharge:- Simple Recharge provides Dealers agreement form and registration details to Dealer. Dealer needs to submit agreement duly signed (Scan Copy) to Simple Recharge Accounts Dept with necessary documents. (Scan Certified True Copy). Simple Recharge will enable/activate dealers. Simple Recharge will provide payment module application link with pre-requisites and installation guide. Dealers need to install Payment Module application either on PC, Windows Mobile Phone or Java Enabled phones. Simple Recharge will do the testing for one of the dealer's outlet. Based on instructions Dealers can activate their sub-dealers / retail outlets. Sign off the project document after successful testing for one outlet.
What are the Retail /Distributor margins?
can be discussed at the time of agreement sign-off.
What are the documents required for applying to partner with Simple Recharges for a retail outlet?
Below are the documents required to be submitted at the time of Agreement.
Do I need to open Bank Account?
You can use our current/running Bank Account otherwise; you need to open the Bank Account.
Suppose a Retail outlet / Dealer? Distributor has registered with XYZ Bank. But in future, if they would like to shift to YYY Bank, is it possible to later change to another bank account?
Yes. It's possible.
How do I make payment to Simple Recharge?
You can deposit money through online transfer OR through cheque into Simple Recharge Bank Account. Simple Recharge bank details will be provided at the time of agreement.
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