How to Convert Airtime to Cash to Your Bank Account?
In this article we have covered on the steps on how to convert airtime to cash to your bank account.
by Abinaya
Updated Mar 30, 2024
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How to Convert Airtime to Cash to Your Bank Account?
Below are the steps on how to convert airtime to cash to your bank account :
Step 1: Sign Up or Log In
- Create a Cheetahpay account or log in if you already have one.
Step 2: Click "Deposit"
- Once you're logged in, go to your dashboard and find the "Deposit" button.
Step 3: Choose How to Deposit
- You have two options: "Deposit With Airtime Pin" or "Deposit Via Airtime Transfer."
- Use the pin deposit if you have a recharge card pin. If you've already recharged your phone, use the airtime transfer option.
Step 4: Fill Out the Form
- Enter the amount you want to deposit.
- If you're using the pin deposit, enter the recharge card pin. If you're using airtime transfer, enter the phone number with the airtime.
- Click "Submit" after filling out the form.
Step 5: Transfer Airtime Manually
- If you're using airtime transfer, go offline and manually transfer the airtime to the Cheetahpay phone number displayed on your screen.
Step 6: Check Your Wallet Balance
- After transferring the airtime, you can wait for some time and refresh the page to check your Cheetahpay wallet balance. You also have to see this also whether it gets updated with the monetary value of your airtime.
Step 7: Withdraw Your Money
- Once your wallet balance is updated, you can request a withdrawal by clicking on the withdraw button and entering the amount you want to withdraw. Withdrawals are processed within 5 minutes.
What is the need to Convert Airtime to Cash?
Turning airtime into cash could be a way to get money if you don't have a regular bank account, especially in certain areas. Airtime to cash is a thing that is a financial help when you have added more zeroes to your airtime recharge. So, don't worry because making an error while typing something is common among all humans.
What is Airtime in Banking?
Airtime in Banking is said to be the type of currency in a digital form that allows customers or people belonging to the bank to move their funds through phone credit or prepaid mobile plans. Nowadays, this kind of transfer is becoming a popular one in areas where traditional banking, finance, banks, and ATMs are not possible or can't reach them. As a result, phone credit is considered very important. It lets people buy things and use services even if they don't have cash or can't use regular banks.