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Automated Machines To Recycle Phones For Money

judgecorp writes "EcoATM is going to install machines which give money for old phones across the U.S. The system, shown at CES, takes a photo of any phone or other gadget put in its tray, and provides a data cable (for every kind of phone?) to check it is working. The machine offers a quote based on the current used price, and pays up on the spot."

2 of 135 comments (clear)

  1. Re:Stealing phones? by BasilBrush · · Score: 4, Informative

    From their FAQ:

    What happens if my phone is stolen and someone tries to cash it in?
    ecoATM kiosks have a variety of features in place specifically to deter stolen phones from entering our system. These features include the ability to capture;
    Drivers License or Govt ID
    Credit card
    Digital signature
    Fingerprint
    Picture / Video of consumer via webcam
    Address & email
    Date & location of transaction
    Details of what was collected, including the serial number
    ecoATM kiosks are also capable of refusing to transact any phones found in the databases that tract reported stolen phones.

    Presumably which ones are actually used will vary from country to country and according to the agreement with the retailer who hosts the unit.

    I'm sure the determined thief can find their way around these. But then they can already sell to a pawn broker or on ebay. A few of the dumber criminals might get caught.

  2. Re:Stupid. by BasilBrush · · Score: 3, Informative

    Your plan won't work. Once the data cable is plugged in, the door closes and you don't get access to your phone again unless you decide to decline the transaction.