eBay launches a new service, called Instant Selling, to help users sell their old smartphones on its online marketplace. With this new service, sell your old phone in a “matter of minutes”, and get paid in eBay vouchers with which you can bid on some big-ticket item from their online store.
The new service allows users to list their mobile device info, upload photographs, and instantly receive a voucher that can be used against the purchase of a new device from eBay. The phones are received, data sanitized, cleaned, tested, and re-boxed with new accessories to be resold on eBay. eBay claims that it will offer a higher return than its competitors’ sites and programs, up to 40% higher than trade-in values, on an average.
The e-commerce giant is said to collaborate with Cexchange, a large trade-in servicing partner, to sell the devices. Cexchange supports major retailers and manufacturers with upgrade and trade-in programs.
“Millions of Americans have unused phones in their homes and simply don’t realize how much their devices are worth, probably because trade-in values are typically so low,” said Alyssa Steele, Vice President of Hard Goods, eBay, while launching the service. “With Instant Selling, people can find out exactly how much their phone is worth, and sell their phone within a matter of minutes…”
The list of eligible smartphones includes Unlocked, Verizon, AT & T, Apple iPhone 6S 16GB through iPhone X 256GB, and Samsung Galaxy S7 and above. T-Mobile, Sprint, Google Pixel, and select LG products will soon join the troop, eBay announced.