Do you have old phones lying around your house? If you do, then you could some make money out of it. A unique business has explored the option to pay customers money in exchange for their old electronic devices. ecoATM is the future of a sustainable world, here’s why.
ecoATM’s Business Model in Three Easy Steps
You could earn money from your old device in three simple steps. Here is a rundown of the process:
- Place your phone in the ecoATM test station. You will need to plug it in using the provided data/charging cable.
- Let the ATM machine do its magic. The machine will appraise the value of your device based on key factors.
- When the machine is done, it will prompt its estimated value of your device. ecoATM allows you to make a decision. If you do not agree with the pricing, you may back out.
One of the key selling points of this business is its premium on privacy. Before ecoATM takes your device, you need to prepare it first. They will ask you to perform a reset before you sell your phone. This is done to prevent any leakage of private and important data stored inside your device.
How Will You Get Paid?
ecoATM appraises your devices using three factors. First is its value in the secondary markets. Second is its condition (whether it is fully functional or not). Lastly, the pricing is based on your phone’s model. They give competitive prices for your device, too.
Unlike other device buyback services, ecoATM gives you money on the spot. That is if you agree to sell it. Other services take as much as a month to pay their customers. Just like what we said above, you could refuse to sell your device if you believe that you could get more out of it elsewhere.
ecoATM’s Other Offerings
Whatever electronic device you have, ecoATM might just be able to give you a competitive price for it. Check their list of accepted devices here.
ecoATMs accept broken phones too. Although, you need to manage your expectations on its price. You can also recycle old chargers and accessories in the ecoATM machine. You won’t be compensated for it but hey, at least you’re helping the environment.
Thousands of ecoATM kiosks are available across the US. You may find a kiosk in your nearest Walmart and other retail stores. Their kiosks are usually available in your nearest Walmart or malls.
