Is Piso Net really a lucrative business?

Piso Net has been making quite a buzz in the metro since early 2010, but it’s not only until recently that the enterprise got the attention of business-minded folks. So what is Piso Net and how are things from a business standpoint? Is it really a viable source of extra income? YugaTech investigates.

Piso Net is basically a merge of PC rental and Arcade rental services wherein customers can pay the services by inserting coins to the machine. The rate is typically 4mins/peso which also amounts to the typical Internet Café rate of Php15/hr. This rate can be tweaked higher or lower either to be more competitive and entice customers or gain more income by decreasing the minutes/peso.So if there’s not much difference in pricing, what is the advantage of Piso Net over traditional Internet Cafes? Well some internet cafés have a fixed rates and minimum minutes of usage, this makes for not-so ideal scenario for budget-conscious Pinoys. And although the rate is the same, Piso Net offers a much flexible alternative that most internet cafes don’t and that is to have more control on how much time and money a customer is willing to spend at a given time.The setup is rather simple with the bare PC parts are inside a wooden box similar to that of an Arcade machine or Videoke machine. Much like the Arcade machine, it is activated by inserting coin/s which triggers the machine. Once the time is consumed, the machine cuts off the display and will resume when a coin is inserted. The bottom wooden part inside the machine has a carved hole to collect the coins.