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18/10/2011 / loyaltymarketingnews

ATM Turns Used Mobile Phones Into Cash

There’s an easier way to recycle your old mobile phones and receive instant cash in exchange. Users can drop off their used device at an ecoATM, which can automatically detect the phone model and determine its working condition. It can evaluate the phone on the spot and give the user a market value based on its assessment. If the consumer is happy with the price, then they have the option to either take the cash or donate the money to a charity.

The ecoATM has an image database of over 4,000 mobile phone models and is equipped with a built-in camera. It was unveiled at the CTIA, a global mobile telecommunication industry trade conference held in San Diego, USA.


(via PSFK)

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