- Personal Finance
Get PAID Cash By The ATM Machine When You Insert Your Used Electronic Gadgets, Instead Of A Debit Card
Get Paid Cash At The ATM For Your Used Electronics!
Most People Take Their Own Cash Out Of The ATM, But Here Is An ATM That Pays You!
People go to the ATM and take money out of their accounts all the time. How about making a trip to the ATM and getting cash back that you didn't have before? Sounds great right? Well now there is actually a way that you can do just this. To clarify, you will have to bring something with you in order to receive your new wad of cash. If you have any old electronic gadgets that you no longer use, this is exactly what you will need to bring, so that you can get paid next time you visit the ATM machine. The company behind this innovative idea, is EcoATM. For those worried about this being a possible scam or fraud, my research indicates that EcoATM is definitely a legitimate company. They have built up a good reputation of late. Just recently they were named as a 2011 CES Design and Engineering Award Honoree, by the Consumer Electronics Association (CEA). On top of this valuable, recognition, the company just finished their first round funding, were they raised $14.4 million. One of the investors that participated was Coinstar, the successful operator of the Redbox movie rental kiosks. Prior to this successful funding drive, EcoATM had won Coinstar's "Next Great Idea Challenge". At this point the San Diego based company looks like it has a bright future ahead of it. So I know you are probably interested to know more about how EcoATM works, so that you can enjoy your first payday at the ATM.
How To Get Paid Cash At The ATM
The first step is to start looking around your house for any used consumer electronics that you no longer need or want. EcoATM's website indicates that their eCycling ATM/Kiosk stations will accept virtually any portable consumer electronic devices. I think digital cameras, cell-phones, laptops, Ipods, battery chargers, and other electronic devices could all potentially turn into money in your pocket. Once you have located the electronic gadgets that you no longer want, just take them to an EcoATM location. Their ATM/Kiosk's are designed and equipped to visually or electronically inspect your item and then connect you in real-time to the world wide secondary market for used electronics. You will then be quoted the best price. The company's website explains that this is all done through the use of patented, electronic diagnostics, artificial intelligence, and advanced machine vision. After your item is priced the ATM will provide you with immediate compensation, consisting of cash or store credits.
Where Do You Find One Of These ATMs?
Unfortunately, Kansas, California, Nebraska, and Washington are the only states that have these eCycling ATMs that pay cash for unwanted electronics. And in Washington you have to be a Microsoft employee to use the EcoATM. That's one of the few drawbacks I see with the whole opportunity. There just isn't a strong geographical presence for allot of people to be able to take advantage of these ATMs. This may change eventually as the company plans to add 100 locations to their roster in 2011 and possibly as much as 1,000 new locations in 2012. These plans are tentative, but I think it is probably likely that more people will soon have access to this making money option.
Here is a link to all EcoATM Locations, for readers to stay updated when these machines come to their area.
Here are all the EcoATM locationscurrently available:
Shops @ Mission Viejo
555 Shops @ Mission Viejo
Mission Viejo, CA 92691
Kiosk located at main elevator
near Food Court Entrance
Westfield North County Fair
272 East Via Rancho Parkway
Escondido, CA 92025
ecoATM located in center of mall
near 2nd floor escalators.
Westfield Horton Plaza
324 Horton Plaza
San Diego, CA 92101
ecoATM in courtyard in front of Macy's.
(University Town City)
4545 La Jolla Village Drive
San Diego, CA 92122
ecoATM kiosk is located in the
food court next to Rubios.
Westfield Plaza Camino Real
2525 El Camino Real #100
Carlsbad, CA 92008
ecoATM on 2nd floor near Macy's entrance.
Westfield Plaza Bonita
3030 Plaza Bonita Rd.
National City, CA 91950
Near the escalators on the second floor
adjacent to the food court and movie theaters.
415 Parkway Plaza
El Cajon, CA 92020
ecoATM near foodcourt and
Verizon store kiosk.
Westfield Mission Valley
1640 Camino Del Rio North
San Diego CA 92108
ecoATM located in the Food Court
next to Macy's Home Furniture
Microsoft Corporate Campus
NE 40th St @ 150th Ave. NE
Redmond, WA 98052
Kiosk located in Microsoft Commons
next to AT&T and Verizon Stores.
Only accessible to Microsoft employees
and their invited guests.
Nebraska Furniture Mart
700 South 72nd Street
Omaha, NE 68114
Nebraska Furniture Mart
1601 Village West Parkway
Kansas City, KS 66111
For more information and an interview with the company's CEO, check out this video
EcoATM CEO Talks With Media About How It Works
Converting Used Electronics To Cash Is Now As Easy As Visiting The ATM
It never ceases to amaze me when I get to thinking how many ways there are to make some extra money. Some are less convenient than others. This is one of the more convenient ways to bring home some extra cash, if you live close enough to one of the EcoATM locations. In fact the money (though it probably wouldn't be allot and it's not a consistent source) is right under are nose in this case. All you have to do is remember were you put any old electronics that you no longer use any more.
If you want some more money making ideas check out my hub