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Setting Up A Premium Rate Phone Line - The Basics

Author: DavidSmythe
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This article will explain how to set up a Premium Rate Phone Line, the charges associated and the regulatory issues. It will also try to give an overview of the services that you can offer as a Premium Rate Service Provider. Premium Rate Phone services are used to offer various services to customers such as hardware support, weather forecasts, adult chat lines and many more. If you find this as an interesting way to earn money but got no clue as to how to go about it, this article will give you a clearer picture.

The infrastructure set up and running the services is easy. You need to narrow down on an operator from whom you want to avail your services. Check out all aspects before closing in on one particular operator. The revenue sharing, support offered, back up and disaster recovery and legal and compliance issues all need to be clarified before you start doing business with any particular operator.

In the United Kingdom, Premium Rate Numbers begin with 0906. Premium Rate Number Services usually generate a per-call revenue of between of 0.15 and 1.5 a minute. This is a good rate and allows you to earn approximately 60000 a year, providing you offer consistent, quality services.

Once you have decided on a certain line of service, you can talk with any of the operators that provide Premium Rate Services. But you will need to decide on the package that suits you. This is because operators offer various kinds of packages to service providers. You can choose a custom package if you feel that your business requires one or select a pre-built packages that includes ready-made services.

You can also choose to connect your services to an Interactive Voice Recording System like horse racing tips or weather forecasts. The Infrastructure provider will help you interface your service to an IVR or even a website, if you want to direct call traffic to a website.

Before you attempt to set up your business, you need to be aware of an important regulatory angle to the entire Premium Rate Services story. You are going to have to register your services with ICSTIS. This is the regulatory agency that regularizes Premium Rate Services across the entire United Kingdom.

The rules that govern Premium Rate Services have become more stringent because of the many frauds and scams that people have perpetuated. It is wise to remember that you will not be able convince any operator to offer you his or her services without a service-provider license from ICSTIS.

The content you offer, once your services are up and running, is also critical. It is only these two things, content and level of service, that can help you keep up a consistent consumer base. If your content does not follow the standards specified by ICSTIS, the agency could initiate some kind of investigation into your service.

Premium rate services are a great way to earn money. With a short lead time to hitting the market, Premium Rate business done properly can help you earn the money you've only dreamt about.

About the Author

It's a fact. Make money while you sleep with premium rate numbers and premium rate lines. Earning money will never be this easy! Earn fat residual income payments from premium rate numbers and premium rate lines. Visit Premium Rate Telecom now to launch your service.