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How To Convert Data To Cash (Money) In Nigeria: A Comprehensive Guide



How to Convert Data to Cash (Money) in Nigeria: A Comprehensive Guide
Rapid Admin Aug. 11, 2024, 11:05 p.m.

In the hustle and bustle of life, you can sometimes find yourself with excess mobile data or unused airtime. You may have accidentally purchased more data bundles than needed, or perhaps a generous friend gifted you extra data bundles. But what if I told you, you can convert the data into real cash? Yes, you read that right!


Why Convert Data to Cash?

  1. Oops, I Bought Too Much Data!: I have been there—clicking that "Buy button" without double-checking the amount. Suddenly, you are drowning in gigabytes, and your data balance looks like a stockpile. Fear not! Converting your excess data to cash can rescue you from this digital overload.
  1. Gifted Data? Monetise It!: Your thoughtful friend sent you airtime or data as a gift. While the gesture warms your heart, you might think, “What do I do with all this extra data?” Well, my friend, you can turn it into spendable cash.

  1. Urgent Cash Needs: Sometimes, life throws curveballs, and you may be desperate. You may need to cover an unexpected expense, pay a bill, or grab a last-minute ride. Converting your excess data to cash can provide a lifeline when you need it most.

How to convert Data to Cash

Now that I have your interest, let’s explore the methods for converting data to cash. There are two major ways to convert your data to cash. The first is, using apps and platforms that allow you to sell your data, and the second is selling to colleagues, friends and family.

Using Apps and Platforms:

  1. Rapidbills: Let me introduce you to Rapidbills, a user-friendly platform where your excess data and airtime can be converted to money. Truth is, I recommend this app a hundred times over.

Steps

  • Register on the Rapidbills site

  • Visit the Rapidbills marketplace, from your Dashboard

  • List the amount of data you want to convert to cash

  • Send the data and get credited.

  1. Swiftbills: second on this list is the Swiftbills app. This app can equally provide you with a way to convert their excess data into cash. You can download the Swiftbills app from the Play Store to start using their services.

The Best Apps To Convert Data To Cash In Nigeria

There are not so many apps out there that can provide this service, but you can always rely on Rapidbills to convert your excess data into cash as I mentioned earlier.

 

Quick Comparison Table: Best apps to convert data to cash

Feature

Rapidbills

Swiftbills

Supported Networks

MTN, GLO, Airtel, 9mobile

MTN, GLO, Airtel, 9mobile

Conversion Rate

You Choose Your Rate

Not specified

Transaction Fees

N50

Not specified

Minimum Transaction Amount

No Minimum Transaction

Not specified

Payment Methods

Bank transfer, mobile wallet

Not specified

Customer Support

Live chat, email, Whatsapp

Not specified

 

Selling to Colleagues, Friends, and Family:

The other method that you can use in converting your data to cash requires a more manual search on your part to sell your data for cash. Here are the steps;

First Step: Find a Buyer

Find someone who uses the same network as you and would want to buy data from you.

This can sometimes be a daunting task, but the Rapidbills app already helps simplify this process if you visit the marketplace section of the website. 

Second Step: Send the Data

Once you have gotten a willing buyer and have negotiated the price and size of the data to be sold, you can now transfer/send the data to this person. If you do not know how to transfer data for your network, you can read our article on how to transfer data in Nigeria.

Third Step: Receive Payment

This is the most important step, getting paid either in cash or to your preferred bank account. To be safe you can delay the transfer till you get paid especially in cases where the buyer is not close to you.

FAQs: convert data to cash

Can I convert my MTN data to cash?

Yes, you can, you can convert your MTN data to cash easily on Rapidbills.

Which app can I convert my data to cash?

The best app to convert your data to cash is Rapidbills.

How do I convert my data to cash in Nigeria?

There are two main ways to convert your data to cash.

  1. Using the Rapidbills website which is fast and efficient.

  2. Selling to your friends and family.

Can I transfer my MTN data?

Yes, you can transfer your MTN data to friends and family all you need to do is dial *312*Phone number*Data amount# or, text Transfer<space>Phone number<space>Data amount and to 312. 

Note: The maximum amount you can transfer in a day is 5GB.


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