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Thread: News - ATM gives cash for your unwanted phones

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    News - ATM gives cash for your unwanted phones

    Pop in your mobile phone and get instant cash from the ATM.
    Read more.

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    Re: News - ATM gives cash for your unwanted phones

    Seems like a great way for mobile phone muggers to make some very quick cash, doesn’t it?
    Thats exactly what I thought, surely theres got to be some sort of security against this..

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    Re: News - ATM gives cash for your unwanted phones

    Quote Originally Posted by [GSV]Trig View Post
    Thats exactly what I thought, surely theres got to be some sort of security against this..
    Yes, there are cameras at every ATM!
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    Re: News - ATM gives cash for your unwanted phones

    Quote Originally Posted by shaithis View Post
    Quote Originally Posted by [GSV]Trig View Post
    Thats exactly what I thought, surely theres got to be some sort of security against this..
    Yes, there are cameras at every ATM!
    For every ATM theres a Balaclava im sure

    :S stupid idea from the stupid shop.

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    [GSV]Trig (13-01-2012)

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    Re: News - ATM gives cash for your unwanted phones

    In shopping mall, find/steal/borrow someone's phone - so quick before the IMEI is blocked dump it in the recycler and grab your cash... whilst wearing a balaclava/hoodie. =Profit for yobs?

    I don't see how this is anything other than thieves wet dream?

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    Re: News - ATM gives cash for your unwanted phones

    Quote Originally Posted by [GSV
    Trig;304]
    Seems like a great way for mobile phone muggers to make some very quick cash, doesn’t it?
    Thats exactly what I thought, surely theres got to be some sort of security against this..
    The video says that the payout only happens after it's scanned a driving license. So unless said scumbag has a stock of these then surely it'd be childs play for ecoATM to limit the number of transactions an identified individual could do. For example, it's unlikely that anyone is going to be trading in more than six mobiles per year. In fact, if I was them I'd be thinking about a limit of about four of each device per annum.

    To build on something shaithis said - perhaps the "ATM" could be camera equipped so that it could cross check drivers license against the face of the person operating the machine. Okay, that's not going to stop a victim being forced to use the device, but I'm sure that there's a way around that too.

    Not that I see myself using this if it ever came to my particular backwater - I'm quite happy to use the current crop of envirofone, mazuma, etc.

    Edit: actually if I was one of the guys behind ecoATM, then I'd be looking to do a sales pitch to the supermarkets to put a unit in their bigger stores. And of those, I'd suggest Tesco and Sainsbury's would be the natural choices because they both have loyalty cards, so instead of getting cash you could get the equivalent value in points instead.
    Last edited by crossy; 13-01-2012 at 03:20 PM. Reason: Had second thoughts

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    Re: News - ATM gives cash for your unwanted phones

    Via its large “mouth,” you can pop in a mobile phone or MP3 player and then it determines if your phone is in working order before calculating how much it is worth.
    It's just a person, inside a box, it has to be!

    Edit: The 'robot's' counting money action towards the end of the video sums it up
    |Kata: "Read title as 'fisting'. Not sure why I clicked. Relieved, really."|
    |TAKTAK: "It was so small that mine wouldn't fit into it"|

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    Re: News - ATM gives cash for your unwanted phones

    Quote Originally Posted by crossy View Post
    The video says that the payout only happens after it's scanned a driving license. So unless said scumbag has a stock of these then surely it'd be childs play for ecoATM to limit the number of transactions an identified individual could do. For example, it's unlikely that anyone is going to be trading in more than six mobiles per year. In fact, if I was them I'd be thinking about a limit of about four of each device per annum.

    To build on something shaithis said - perhaps the "ATM" could be camera equipped so that it could cross check drivers license against the face of the person operating the machine. Okay, that's not going to stop a victim being forced to use the device, but I'm sure that there's a way around that too.
    Maybe the yobbo could use the driving license from the wallet he just nicked from the same person...

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    Re: News - ATM gives cash for your unwanted phones

    Quote Originally Posted by miniyazz View Post
    Maybe the yobbo could use the driving license from the wallet he just nicked from the same person...
    So ecoATM change the deal so you get your cash mailed to you instead of in your hand - and it gets mailed to the address on the driving license.

    (Note: I'm not saying this is a good idea, merely trying to show that they probably could get it to work)

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    Re: News - ATM gives cash for your unwanted phones

    Quote Originally Posted by crossy View Post
    Quote Originally Posted by [GSV
    Trig;304]
    Seems like a great way for mobile phone muggers to make some very quick cash, doesn’t it?
    Thats exactly what I thought, surely theres got to be some sort of security against this..
    The video says that the payout only happens after it's scanned a driving license. So unless said scumbag has a stock of these then surely it'd be childs play for ecoATM to limit the number of transactions an identified individual could do.
    As well as the drivers license it looks like it takes your finger print scan as well. Seems like a good idea to me.

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    Re: News - ATM gives cash for your unwanted phones

    Quote Originally Posted by FRISH View Post
    As well as the drivers license it looks like it takes your finger print scan as well. Seems like a good idea to me.
    So now, ALL THEY HAVE TO DO is:
    - steal a phone
    - steal a drivers licence
    - steal a finger
    Currently studying: Electronic Engineering and Artificial Intelligence at the University of Southampton.

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    Re: News - ATM gives cash for your unwanted phones

    Sounds like a brilliant way to add more data to the big database of what we do, where we go and what we do with who when we get there..

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    Re: News - ATM gives cash for your unwanted phones

    Quote Originally Posted by kingpotnoodle View Post
    In shopping mall, find/steal/borrow someone's phone - so quick before the IMEI is blocked dump it in the recycler and grab your cash... whilst wearing a balaclava/hoodie. =Profit for yobs?

    I don't see how this is anything other than thieves wet dream?
    yip thats the first thing that came to my mind, ffs there is ppl stealing dogs in my surrounding area cause there is a FB page up for ppl to sell they bread puppies nd pet stuff like

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    Re: News - ATM gives cash for your unwanted phones

    Quote Originally Posted by BlauLicht View Post
    yip thats the first thing that came to my mind, ffs there is ppl stealing dogs in my surrounding area cause there is a FB page up for ppl to sell they bread puppies nd pet stuff like
    Que?
    |Kata: "Read title as 'fisting'. Not sure why I clicked. Relieved, really."|
    |TAKTAK: "It was so small that mine wouldn't fit into it"|

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    Re: News - ATM gives cash for your unwanted phones

    Quote Originally Posted by mycarsavw View Post
    Que?
    just saying these days ppl are just up, do anything for money

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    Re: Scrapped4Cash . com - new mobile, ipod and tablet recycling for cash website

    Quote Originally Posted by georgeb28 View Post
    [spam site removed]
    New mobile, ipod and tablet recycling website FOR CASH - offering the best prices online for your devices.
    Spread the word!
    Looks like something that's in the process of being setup, and I think you* perhaps need to rethink that "best prices" claim. E.g. I've got an old Xperia X10 Mini Pro here - £20 on your website, but £28 on fonehub.

    (* According to whois the website owner is someone with an email starting "georgebennet28", so I'm assuming that you are that person. In which case you might be violating the "no unauthorised advertising" T&C).
    Last edited by Jonatron; 27-03-2012 at 01:53 PM.

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