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More than 500 EcoATM machines that dispense cash for your old phone to be deployed by year-end

Posted: , by Daniel P.

More than 500 EcoATM machines that dispense cash for your old phone to be deployed by year-end
With all the goldbug craze about paper money being printed to oblivion, resulting in ATM-like machines that dispense gold coins and bullion, we thought nothing can surprise us in that respect anymore. Wrong, here come the new developments with the EcoATM, that we checked out last year at the CTIA show, where we took for you the video below.

The machine was demonstrated once again at the CES show last week, turning your old phones or MP3 players into cash. The news is that there are currently about 50 of them at malls and grocery stores in California, and the company plans to expand to the East with more than 500 machines deployed by year-end.

The process is not as magical as it sounds, of course - you have to hook it up first to one of the various diagnostic cables provided, then the machine grabs it in its steel paws, and takes a picture to examine the external condition it is in, but in the end you should get a bit of cash for your clunker. If it is a very old phone, you'll likely get almost nothing, but the machine will take it, and then it will go into an electronics recycling plant.



Beats dealing with the hassles of eBay, Craigslist and the like, but the prices that the automated system returns, are based on scouring hundreds of databases from similar recycling services. The founder of EcoATM, Bill Bowles, demonstrated his invention with a Verizon iPhone 4, and the machine quoted him $221 for the condition it was in.

Having those in malls around the country might beat driving around to find the nearest electronics recycling depot, or a carrier store willing to take your ancient gizmo. Recycling or reselling services usually pay less than what you'd get for dealing with eBay or Craigslist, but caring about the environment - priceless.

via USAToday

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posted on 16 Jan 2012, 13:09

1. armandof (Posts: 1; Member since: 16 Jan 2012)


These machines are nice but let’s get real, you aren’t going to see one near you till about 2015. For now your best alternative is to mail your cell phones to technollo.com. They offer better pricing, free shipping and department of defense data wiping processes that ensure your phone is recycled properly. Or if you want to talk to a human call us at 888-242-1110 and we’ll be happy to help you sell us your smart phones.

posted on 16 Jan 2012, 17:04 1

2. mikedsa74 (Posts: 1; Member since: 16 Jan 2012)


Nice plug, Maybe like the ones on your head. Maybe if you have a moment, check these out. . .

ggadget.org/recycle-cell-phones-for-cash/

insideredbox.com/coinstar-looks-to-ecoatm-as-next-big-kiosk-success/

treehugger.com/gadgets/ecoatm-arrives-in-stores-accepts-used-cell-phones-spits-out-store-credit.html

recyclingforcharities.com/blog/?p=60

posted on 16 Jan 2012, 17:49

3. Roybertito (Posts: 1; Member since: 16 Jan 2012)


Spammerooni

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