Futuristic Kiosk Spits Out Cash for Recycled Electronics. Imagine stopping by your neighborhood retailer, offloading an old cell phone or laptop via an in-store kiosk and picking up cash for your device, just as you would get cash for coins through Coinstar or rent and return a RedBox DVD.
It's a futuristic idea with tangible value that startup ecoATM is already making a reality. ecoATM, a San Diego-based startup, has roughly 15 kiosks scattered throughout the southern California region, some at Westfield shopping malls in San Diego. These kiosks offer consumers a cash incentive to recycle their electronics. Plop in an expired cell phone, overplayed MP3 player, no-longer-wanted video game or used-up ink cartridge, and ecoATM will determine the product, its estimated value — while factoring in damage — and make you an offer you might not be able refuse: cash in exchange for recycling your device.
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