4. TECHNOPRENEUR FAQs

TECHNOPRENEUR FAQs

As a Technopreneur, how do I ‘sign-up TechnoUsers?

To sign-up TechnoUsers, use the following SMS command or click here to refer to SMS FAQs.

LX iREG TechnopreneurID/PIK/Cellphone#/Telco Code/Full name/Birthdate/Address

Ex. LX iREG 5412345678/123456/09199876541/smart/Jose R.

Potenciano/08-07-1973/Cuatro de Julio, Galas, Quezon City

Note: iREG command is not available to Fast Track Package (FTP) Technopreneurs.

What is GRO?

GRO stands for Guaranteed Retail Override. GROs are commissions credited to

your account as load wallet each time your TechnoUsers dispense loads. However,

crediting of GRO is subject to certain qualification requirements.

Are there requirements to earn my GRO?

Technopreneurs are required to replenish a minimum of One Thousand (1,000) LoadWallet credits every calendar month to earn the GRO. Replenishments should be made either via bank deposit/bills payment or load wallet transfer from Independent Business Center (IBC) operators. Also, those who converted their myLX credits to load wallet still qualifies as long as they are able to make load sales of up to one thousand (1,000) worth per month.

What happens to my GRO if I fail to meet the requirements?

Should a Technopreneur fails to comply with the monthly requirement, the Technopreneur

account shall temporarily stop earning GRO until the requirement is made

within that month. If the Technopreneur still fails to meet the requirement up to the

next calendar month, all GRO which was temporarily withheld shall be

permanently forfeited.

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