Julian: When a California businessman found out that just three percent of all phones worldwide are reused or recycled, he came up with the ecoATM.
So, how does this thing work?
Put your old phone into the machine and it is scanned to determine its worth, depending on the type of phone it is, and the condition it is in. The value could be from a few dollars to a few hundred dollars.
If you decide to accept the offer, the ecoATM takes your identification information and your fingerprint. That is to make sure no one has stolen your phone and is trying to sell it without your permission. Then you get the cash and your old phone is either resold, recycled, or refurbished, instead of being sent to a landfill.
Right now, there are 181 ecoATMs around the United States.
- Is the ecoATM the next big thing?