Telfund International
I received an e-mail from my sister last night about this business opportunity. She’s been asking me to attend an opportunity meeting for the last two weeks but I was not really interested.
I’ve been busy with my own business so another business is the last thing on my list. Not only because there are tons of “business opportunities” online but also because I’ve had a fair share of pie in the sky business opportunities presented to me and frankly, I am getting tired of hearing this phrase.
But when I found out that my sister flew this morning to Los Angeles to join the business, I got curious. I went to the website and spent all morning getting information about the and here’s what I found so far:
Customer Membership
Free Membership – anyone can sign up for free to use telfund’s long distance and money sending system and get a reduce rate. Free members earn 10% commission on their first level referrals.
Basic Membership – $9.99 very low rate and you can send money for as low as $5.00 service fee.
Basic Plus Membership – $14.99 for unlimited calls to North America(does not matter where you are calling from) and lower long distance rate on any other countries. Basic members also get a discounted money sending service fee of $5.00. I’d say this is better rate when compare to MoneyGram or Western Union
Premium Membership – $24.00 for unlimited calls to 30 countries, the lowest long distance rate to other countries and the lowest customer money sending service fee of $3.00 per transaction.
Telfund’s Services and Products
Make A Call, Send Money, Make Money
Talk
- It’s a Network Marketing Business, offering long distance, text messaging and money remittance business all in one. The market for these services are majorly immigrants who calls, texts and send money to their home country on a regular basis. Immigrants population is about 150 million globally so there is no lack of customers for this business for sure.
- Telfund use call-back services to lower your long distance cost. Basically you dial a toll free number, give your key in your telfund ID and hang up. The system then calls you back and you dial your destination. I found out that if you have free incoming call package, you can use the call back service to also save on airtime.
- It’s a bit of a hassle to dial the toll free before you can dial your destination, but a lot of people don’t mind if it can save them a lot of money.
How Do you Send Money With Telfund?
Telfund money sending service is member to member. Members can send money to any member in 21 countries in different currency.
Here is how:
- Sign up as a member
- The person you are sending money to must also be a member-or you can sign them up online if they have no internet where they reside.
- You can either send money “e-wallet to e-wallet” which basically mean from your wallet to the recipients wallet.
- Or send it from you to their bank.
- Services fees vary according to your membership. For a FREE member, it will cost you only $8.00, and the exchange rate is also higher than other institutions.
Can FREE Members (non-distributors) make money?
The simple answer is yes!
The only business that does not cost you a penny to make money. All you have to do is the following:
1. Join the FREE membership here.
2. Your membership ID and password will be e-mailed to you.
3. Use your ID to register others under you (no one can register without a referral ID).
4. Every time the people under you use the service, you get 10% of their usage and/or service fees.
5. Your “backoffice” will keep track of all the people you sign up and your real time (no waiting) commission.
6. As a FREE member, you will also get a replicated website you can use to promote and sign up others.
Conclusion
After having been with this company for 6 months, used the service to call my relatives both within Canada, US and the Philippines, and sent money 4 times to the Philippines and US – this company is going to grow fast. I also met the CEO of this company and spoke to him, so I feel confident that this business is in solid footing.
