19 May 2020

How to make money with a Premium Rate number?

19 May 2020

How to make money with a Premium Rate number?

How to make money from Premium Rate numbers?

Premium rate numbers are referred to the telephone numbers that provide certain services to the caller while calling these numbers but at a slightly higher price than normal. During these calls, the customer has to pay per minute where some part of the charged amount is given to the service provider, enabling their businesses to be funded through the calls.

Premium rate service

Premium rate service eliminates the need of sending telephone bills to customers as it allows you to take payment directly from the call. But, how to start making money from premium rate service? To start your fortune with this service, first, you are required to contact any of the various providers of Premium Rate numbers. This will cost you an initial fee and wait for 2 or 3 days, but once the process is completed, you will be provided a premium rate number and can start making money. Premium rate numbers allow individuals and businesses to generate money from all incoming calls, so these numbers are also known as revenue sharing numbers. When a customer makes a call to any premium rate number, the total charges for the phone call will be received on their telephone or it may be debited from their mobile credit. This total charge consists of two parts: First part is the access charge which is charged by the user’s phone company on a call per-minute basis to Premium Rate numbers. The second part is the service charge which is fixed by the service provider.

Which companies are using Premium Rate phone numbers?Premium rate nummers

There is a misconception that Premium Rate numbers are only for big companies, charities, or national broadcasters which is not true. Anyone can start a Premium Rate phone number and can take all the advantages from the revenue whether running it as a full-time business or an additional revenue source. Moreover, these numbers allow you to present an official, memorable, and recognizable business image that attracts consumers.