musicMagpie has successfully rolled out a number of new kiosks at Asda.
The re-commerce business now has SmartDrop kiosk in 290 Asda stores across the country. It now means that 90% of the UK’s population live within a 15-minute drive of a kiosk.
Over £7 million has been paid out to customers using the kiosks so far, including 25,000 phones at an average price of £273 over the past 12 months.
The aim of the kiosks is to offer a faster and easier way for customers to recycle unwanted phones for a quick injection of cash.
In order to make use of the kiosk, customers must take their items to a kiosk where they will receive a valuation.
Once the item has been deposited, the customer will receive the money in their bank account of PayPal within minutes.
musicMagpie said it is exploring further opportunities for its SmartDrop kiosks to make it even more convenient for customers to sell their old technology.
The installation of the kiosks comes as part of a wider sustainability partnership between both musicMagpie and Asda.
“The wider partnership with Asda is an integral part of our ‘buy more, sell more, rent more’ strategy, and gives consumers even more opportunities to make decisions that are both smart for them and smart for the planet,” musicMagpie CEO Steve Oliver.