In this article, we will demonstrate how to convert MTN airtime to cash in Nigeria. We hope you found this article interesting and helpful.
Gather around, MTN subscribers; this one is for you. Now, most of us have been in a situation where we need extra cash to meet an urgent need, but someone sends us airtime instead, but airtime isn’t what we need, money is, and we can’t get anyone to buy the airtime, so we wonder “can I convert this airtime to money?”
How to Convert MTN Airtime to Cash
Then there are times when you have an abundance of airtime on your line and have no idea what to do with it, so you begin to wish that there was a way to convert all of this airtime to money.
Some of us are even there now, or else you wouldn’t be reading this. Let me start by telling you that there are several ways to convert airtime to cash in your bank account. And it’s not all that stressful.
All you’ll need is a bank account, a data connection, and the ability to buy and sell MTN shares. In this article, we will demonstrate how to convert MTN airtime to cash in Nigeria.
MTN share and sell
MTN share and sell is an airtime transfer service from MTN that allows you transfer airtime from one MTN mobile number to another.
With MTN share and sell, you can transfer airtime from as low as N50 up to about N5000. You can also transfer airtime of about N10,000 in a single day.
Now, you’re probably wondering how MTN share and sell comes into play in converting MTN airtime to cash. Well, most of the airtime to cash services in Nigeria require MTN share and sell to help you convert the airtime into cash.
Now, for those of us who do not know how to use MTN share and sell, we’ll put you through briefly before moving on.
How to use MTN share and sell.
MTN share and sell is a service that is available on every MTN sim card. However, before you’ll be able to use the service, you’ll be required to change the default pin, which is 0000, that comes with the sim.
To do this, simply send a text message with the format DEFAULT PIN, NEW PIN, NEW PIN to 777. For example, if your preferred new pin is 1234, then the send an SMS with the text 0000 1234 1234 to 777.
You’ll get a confirmation message that your pin has been changed successfully. It’s that simple. Having successfully changed your pin, you can now start transferring airtime credit from your mobile line.
Transferring airtime credit is also not that difficult. To do this, simply send a text message with the format TRANSFER, RECIPIENT’S NUMBER, AMOUNT, PIN to 777.
For example, say you want to transfer airtime of 1500, you simply send a text message with ‘Transfer 08031234567 1500 1234’ to 777. Once you’ve done this, you’ll get a text asking for confirmation of the transaction.
To confirm the transfer, simply send YES to 777. Once the transfer has been completed, MTN will notify you with a text to this effect. Now that we’ve seen how MTN share and sell works, let’s see how you can convert MTN airtime to cash.
Convert MTN airtime to cash using Cheetahpay.
Based in Lagos, Cheetahpay is one of the airtime to cash online platforms in Nigeria that help convert airtime to cash and deposit it in your bank account.
What stands Cheetahpay out is that you do not necessarily need to create an account with them to carry out your transaction, as they have a Quick cash option that allows you convert airtime to cash quickly without any sign-up requirements.
All you have to do is, log on to their website at www.cheetahpay.com.ng, and scroll down to the quick cash option. Once you click on it, you’ll be required to select the airtime transfer mode you would prefer to use.
For MTN subscribers, select deposit via airtime transfer. You’ll then be given an MTN phone number to transfer the airtime to using the MTN share and sell method we discussed earlier.
Once you’ve successfully transferred the airtime, enter the amount you transferred, the amount you want to be transferred to your bank account, your phone number and relevant bank details in the spaces provided to you, then click on deposit.
Your airtime to cash transaction will be processed in no time. Please, note that the minimum deposit through this medium is N2000 and that there’s a 20% service charge on all airtime to cash transactions.
Convert MTN airtime to cash using Zoranga.
Zoranga is arguably Nigeria’s most popular airtime to cash online platform. The method they use on their website is quite similar to other platforms like Cheetahpay, to conduct an airtime to cash transaction on Zoranga, you would need to create an account with them.
Their airtime to cash transactions however, attract a service charge of about 22% to 32% of the deposit fee, and the charge is calculated based on your account type, frequency of deposit and transaction volume.
How to convert MTN airtime to cash on Zoranga.
Go to www.Zoranga.com, create your account, and log in
Next, click on the deposit money option. Three options will be given to you to choose from – MTN share and sell, Zoranga pin, and Deposit via pin. Since we’re dealing with MTN subscribers, select MTN share and sell.
After selecting the share and sell option, enter your MTN mobile number. A phone number will be given to you, and you’re to transfer the airtime to that number using MTN share and sell. Write down the phone number, and make the transfer.
When you’ve successfully transferred the airtime, wait for about 5 minutes, then refresh the page to see if the transaction was successful. Next, select transfer money and enter in the appropriate account details of the bank you want the money transferred to, then complete your transaction.
Conclusion
With Cheetahpay, Zoranga, airtime to cash transactions on your MTN line can be conducted quickly and with ease.
So now, you have no need to worry whenever you are in need of cash, but have only airtime and no buyer, or whenever you have an abundance of airtime on your phone, and have no idea what to do with it. All you have to do is follow the steps outlined here and you’re good to go.