Best, Most Reliable: How to Convert Data to Cash in Nigeria (MTN, Airtel, Glo)
So, you have been searching everywhere on the internet wondering if it is even possible to convert your data to cash. You have probably heard you can actually convert airtime to cash, but in your case, it is data you wish to liquidate.
If you would like to buy data at the cheapest price instead, check cheap data plans from EDPlugNG.
In this blog post, I shall explain everything you need to know about converting your mobile data to cash in Nigeria.
Stay with me.
What Are Mobile Data?
Mobile data, popularly referred to as just "data" by Nigerians, are internet bundle subscription plans offered by mobile network operators in Nigeria. These plans allow subscribers to access the internet, with billing based on the amount of internet traffic (data) sent to or from their devices.
Why Do People Want To Convert Their Data To Cash?
There are several reasons why people constantly look for ways to convert their data to cash. Some of the most common reasons include:
- Mistakenly Recharged Data
- Having Excess Amount of Data Than What is Needed
- Financial Needs
- A Cost Saving Strategy
Mistakenly Recharged Data
It's a very common mistake for Nigerians to buy data or airtime whilst trying to perform a banking transaction.
Did you know? A survey of many customers who contacted EDPlugNG shows that 34 out of 57 either mistakenly recharged more than the amount of airtime or data needed, entered their PIN in place of intended amounts, or even loaded airtime or data whilst trying to perform entirely different transactions.
Converting Mistakenly Recharged Data To Airtime
If you have recharged data by mistake from your bank or network provider, do this immediately. Switch off your data so the data isn't used, then contact your network customer service and ask them to help you reverse the data transaction to airtime instead.
While network providers or banks can't help you convert your data to cash, the network providers can still help you reverse the transaction in exchange for airtime if you complain promptly and provided you haven't started using the data. Then, you can convert the airtime to cash on EDPlugNG by filling an airtime to cash converter form.
Having Excess Amount Of Data Than What Is Needed
Due to different reasons such as giveaways, promotions, or gifts from family and friends, some people may end up with more data than they require. Consequently, this prompts them to look for how they can convert the excess data to cash.
Financial Needs
Financial necessity is also one of the several reasons why Nigerians seek solutions that help them liquidate their existing internet bundle for cash.
A Cost Saving Strategy
Nigerians, as part of a cost saving strategy to reduce spending on data, sometimes buy larger quantities of data than they would normally need because they are cheaper. They then proceed to convert the excess to cash.
Benefits Of Converting Your Data To Cash With EDPlugNG
Why Choose Us?
- Ease and Convenience: You do not need to register on any website or pass through any KYC. Simply complete a data to cash converter form which leads you to a vendor on WhatsApp.
- Clear Terms: You are given very clear instructions on what to expect and what is expected of you for a hassle-free experience.
- Fast Payment: You get paid within a few minutes of confirmation of your data receipt.
- Transparent Price: You get to know how much cash value you receive for your data before you proceed! What you see is what you get, no hidden charges.
- Legitimate: EDPlugNG has been in the business of buying and selling digital products and services for over 8 years with thousands of happy customers served!
Challenges Of Converting Your Data To Cash
There are several challenges that come with converting data to cash, many of which are a result of restrictions from mobile network operators on transferring data on the network. You need to be aware of these challenges so you are better informed on the possibility of successfully converting your data to cash before embarking on the journey.
Warning: Not all data plans are transferable. Ensure you verify your plan type before attempting a transaction.
Below are some of these challenges:
Not All Networks Support Transferring Data From Data Balance To Another Number
As you need a way to actually send out data to a buyer to convert the data to cash, unfortunately, many Nigerian networks do not allow this. At the time of writing this article, only MTN supports transferring data to another number from your data balance.
Transferring Data From Data Balance Comes With Several Limitations
There are several limitations that come with transferring data from data balance on MTN.
Finding A Mobile Data Buyer
To convert your data to cash, you need a ready and available buyer to purchase your data and pay you cash. This can be difficult as transferred data often cannot be reshared or retransferred, eliminating intermediaries and creating the need to find a direct buyer.
This is why EDPlugNG stands out; we connect you to readily available buyers to make converting your data to cash as seamless as possible.
Types Of Data
It is very important you know the different types of mobile data that exist so you are better informed on which one is applicable to you when converting your data to cash. For the purpose of converting data to cash, these are the two major types:
Data Transfer Through Data Balance
This is for people who have already purchased a regular data plan from MTN which is available on their main balance whenever they dial *323*1# on their line. If you are transferring data from data balance this way, the data is mostly referred to as Data Transfer.
Data Gifting Through Airtime Balance
This is the process of directly purchasing a data plan for someone else on the network through your airtime balance, as opposed to a transfer from an existing data balance. This is particularly helpful for people who have issues transferring airtime on their line because of PIN issues or airtime transfer limit, but wish to convert their airtime to cash as gifting data with airtime balance doesn't require a PIN and there are no limits on the amount of airtime you can spend.
What You Need To Convert Your Data To Cash
Below are some of the requirements you need to convert your data to cash:
- A Mobile Phone With SIM And Data or Airtime on Main Balance
- A Tariff or Data Plan That Supports Either Transferring Data From Balance or Gifting With Airtime Balance
- Knowledge of The Challenges of Converting Data to Cash
- Details of The Data You Want to Convert to Cash
- Knowledge of How to Transfer Data From Your Data or Airtime Balance
- A Bank Account to Receive The Cash
A Mobile Phone With SIM And Data Or Airtime On Main Balance
Note that converting data to cash by transferring out data from balance is only available for MTN. To convert data to cash on other networks, you need to gift data using your airtime balance.
A Tariff Or Data Plan That Supports Transferring or Gifting
Not all tariff or data plans support transferring or sharing data from data balance on MTN, so be sure the tariff plan you are on or the specific data plan you have supports transferring data from your balance. For instance, MTN does not allow you to transfer data from your Value data plan and you can't transfer a data that was transferred to you.
Knowledge Of The Challenges Of Converting Data To Cash
Converting data to cash comes with different obstacles. Understanding the challenges of converting data to cash is very crucial in getting you informed on possible obstacles and avoiding them.
Details of The Data You Want to Convert to Cash
The details of the data you want to convert to cash such as the type of data, data amount, network, validity of your data plan, or the total airtime available in case of gifting data with airtime balance will determine the value of cash you will receive from converting your data to cash.
Knowledge Of How To Transfer Data From Your Data Or Airtime Balance
If you do not already know, check how to transfer data from your data balance on MTN if you want to transfer data from your MTN data balance or how to gift data with airtime balance if you want to gift data with your airtime balance.
A Bank Account To Receive The Cash
To successfully convert your data to cash, you will need a bank account to which cash is paid after transferring or gifting your data.
How To Convert Your Mobile Data To Cash Easily In Nigeria
To easily and effortlessly convert your data to cash in Nigeria, follow the instructions below:
- Understand the requirements needed to convert your data to cash.
- Read the terms and conditions binding your usage of the service.
- Complete the data to cash converter form.
- Click Convert Now on WhatsApp to Proceed. You will be redirected to a vendor on WhatsApp with a custom message containing vital information and instructions you need to know.
- Follow the instructions included in your WhatsApp message. Once you have followed the instructions, the vendor sends you number to transfer or gift data to when there's available buyer.
- Transfer the data to the number provided. Check how to transfer data from data balance on MTN or how to gift data with airtime balance if you don't already know.
- Then, cash will be paid to your bank account once the data receipt is confirmed.
Frequently Asked Questions
Currently, direct data balance transfer is mostly supported on MTN. For Glo and Airtel, you typically need to use your airtime balance to gift data to a buyer rather than transferring from an existing data balance.
With EDPlugNG, payment is processed within a few minutes after the vendor confirms the receipt of the data transfer.
When you select "Market Sell", you'll receive a number to transfer data to within 5 minutes without having to wait longer while "Order Sell" requires waiting till there's an available order for data. This can take time depending on the number of people who want to sell data and available buyers. "Order Sell" also have higher price compared to "Market Sell", rewarding your patience. "Market Sell" is only available for "Transferring Data From Data Balance" transaction type.
Unless you have selected to "Market Sell" your data, finding a buyer would typically take from 5 minutes to over an hour depending on the number of people selling their data, available buyers, the network (MTN generally sells faster), the transaction type (gifting with airtime balance sells faster), the amount of airtime you have for gifting (having more airtime to gift a wide range of data plan opens you to more buyers while opting to gift a specific plan restrict you to a particular buyer) and several other factors affecting market conditions.
Minimum limits may apply depending on current market demand. It is best to check the current rates and limits on the converter form before proceeding.
Conclusion
Converting mobile data to cash provides a practical solution for salvaging value from mistaken recharges or excess data gifts. While network restrictions exist, platforms like EDPlugNG have simplified the process by providing a secure and transparent marketplace for these transactions.
By understanding the types of data you have and following the correct transfer procedures, you can easily turn your digital bundle into spending cash.
Have you ever mistakenly recharged a large amount of data? Share your experience in the comments below!
Data to Cash Converter
See how fast and easy it is to convert your data to cash with EDPlugNG.
Note that getting a buyer for a specific data plan might take more time. You may choose to gift any data plan which may have to be done multiple times to several buyers as opposed to gifting a particular plan at once, but payment will only be made once. You can request for payment for the data you've gifted so far at any time when you don't want to continue. Once payment is made, you won't be able to do further transactions again for the day. So, it's advisable you do all your transactions together if you wish to perform more transactions.
Your Bank Details (for payment)
- You agree and acknowledge that you fully understand how data gifting works and that the information you have provided about the data you're sending is accurate. We will not be liable for data sent if the information provided about the data is later found to be misleading or false, data is sent to any number without our consent, or any mistakes are made in sending the data. Every information you need to know about this service is provided to you in the article on this page, ensure you've read the article and fully understand it before proceeding.
- You agree to exercise some patience to receive data order as order availability depends on demand and supply. Typically 5 to 45 minutes depending on the network and the type of data you're sending.
- You're required to be swift when sending data. Send data within 5 minutes, at most, from the time message was sent. If you waste time, the transaction will be cancelled and you won't be able to sell your data again.
- Provide clear photo or screenshot of success prompt on the screen or SMS showing complete transaction details in one shot after sending the data.
- Be online and actively available. Leave your mobile data on so that you can receive notifications of our messages.
- If you will become unavailable to send data at any point in time, let us know in advance.
- Feedback is very important. When you see our message, respond by sending 'k' so we'll know you are there. If you don't respond in time, the contract will be terminated.
- We will not be liable for data sent to a number after the order has been cancelled due to lack of response from you.
- Payment will be made only after confirmation of data receipt directly from recipient number (within 5 minutes after confirmation).
- If you're doing multiple data gifting or transactions, we will only send payment once for all transactions done. You can request payment at any time for the transactions done so far if you don't want to continue again, but once payment is made you won't be able to do any other transactions again for the day.
- Service hours are from 8am to 9pm GMT+1. Messages sent outside these hours will not be attended to.
- No WhatsApp call.
- These terms and conditions are subject to your agreement with your network providers, financial institutions and the terms of service available on EDPlugNG website. For full terms and conditions, please visit our Terms and Conditions page.
- We reserve the right to terminate this agreement and cease further communication with you if you violate any of these terms, remain unresponsive, are unwilling to read, learn, cooperate, or follow directions, or if we reasonably determine that your inadequate understanding of these terms and/or how data gifting works makes continued collaboration unviable.
You'll now be redirected to chat with a human on WhatsApp, ensure you follow the instruction below when you get to WhatsApp.
The prices are subject to change based on market conditions.
We buy high quantities of data daily. If you're looking to convert your data to cash in Nigeria, follow these instructions:
- Confirm you've read this article and understand how converting data to cash works by selecting "Yes".
- Select the data type.
If you're gifting data from your airtime balance:
- Select the network you're gifting data from.
- Briefly explain how you intend sending the data.
- Check the box to confirm you understand you may have to send data multiple times to different numbers until the total amount is spent.
- Enter the total amount of airtime you want to use for the gifting.
- Choose whether you can gift any plan up to the entered amount or only a specific plan.
- (If selecting a specific plan) Select the plan category, then enter the validity, data amount, and cost of the specific plan.
- Enter the mobile number you're gifting data from.
- Enter your bank account details.
- Read and agree to the terms and conditions.
- Click "Convert Now on WhatsApp" to be redirected to a vendor with a custom WhatsApp message containing vital information you need to know.
- Read carefully the information included in your WhatsApp message and follow the instructions correctly.
- Gift the data and receive your cash instantly after confirmation.
If you're transferring data from your data balance:
- Select the transaction type (Market Sell or Order Sell).
- Select the network you're transferring data from.
- Select the data amount and validity.
- Select your exact data expiry date from the calendar.
- Provide answers to the transfer usage questions.
- Enter the mobile number you're transferring data from.
- Enter your bank account details.
- Read and agree to the terms and conditions.
- Click "Convert Now on WhatsApp" to be redirected to a vendor with a custom WhatsApp message containing vital information you need to know.
- Read carefully the information included in your WhatsApp message and follow the instructions correctly.
- Transfer the data and receive your cash instantly after confirmation.
- Conversion rates and data prices are subject to change based on market conditions. Always confirm the current prices before transferring/gifting data.
- Please ensure your payment details are accurate. We're not responsible for any payment sent to the wrong account due to inaccurate bank account details provided.
- No stolen or fraudulent data. Only convert data that you own, have authorised access to use or have gotten through legitimate means.
- Do not send data through VTU or e-channels without asking for permission first. All data transferred/gifted must come directly from your line.
- Payment is sent only after data is received and confirmed.
- All transactions should be confirmed within 24 hours to resolve any potential issues.
- For full terms, please visit our Terms and Conditions page.
About the Author
Samuel is a Nigerian vendor, blogger and a YouTuber who over the past 8+ years has built a successful passive business that has earned 8 figures in Naira buying and selling digital products online. In his free time, he enjoys researching the web, and sharing valuable insights and lessons learnt from his experience on online business, finance and technology in the Nigerian digital space.
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