EcoATM, the Automated iPhone Pawnshop
Millions of people are ditching their phones and upgrading to the new iPhone 5. And Mark Bowles is expecting a lot of business for his company’s EcoATMs. The automated kiosks, parked in malls and grocery stores, allow people to exchange their used or broken electronics for cash. “It’s immediate gratification,” says Bowles. “There’s no 30-day wait for a check in the mail.”
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