Phone Recycle Bank Offers Customers A New Year Bonus

Jan. 12, 2011 - PRLog -- With many people feeling the pinch after Christmas and the New Year VAT increase, mobile phone recycler Phone Recycle Bank is offering customers a more efficient way to earn some extra income with the launch of payments by BACS and PayPal.

BACS and PayPal offer a more secure payment method for old unwanted phones. Money is transferred directly into a customer’s bank or PayPal account – reducing the risk of loss or theft associated with traditional cheque payments.

In addition, an extra £2 will be paid to every customer who chooses to send their mobile phone in using their own envelope – the FREEPOST address will still apply.

Martha Sama from Phone Recycle Bank, says: “January can be a difficult month for many people’s finances and with the recent VAT increase adding to expenses, every penny matters. Through BACS and PayPal money is transferred more efficiently and more securely. This means customers can rely on receiving their funds when they really need them, rather than waiting to receive a cheque, deposit it and wait for it to clear.

“With the average customer replacing their handset every 18 months, the number of unwanted mobile phones continues to grow, but in the UK less than 25% of all unused mobile phones are being recycled.  Recycling mobile phones helps the environment and we hope that by making it easier to receive funds for unwanted phones more people will get involved.”

According to the latest figures from Ofcom, in the first quarter of 2010 89% of UK adults personally owned a mobile phone.  With regular handset upgrades common, an estimated 90 million unwanted phones are currently hidden in drawers, heading for landfill.

“Every day we run an independent price check to ensure we are offering customers some of the best prices for their mobile phones,” adds Martha. “Together with the new payment options and post it yourself initiatives, we believe we offer one of the most competitive and responsible recycling solutions in the market. Our aim now is to increase phone recycling levels across the UK.”

For more information visit www.phonerecyclebank.com

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Phone Recycle Bank operations have been reviewed by the Environment Agency and granted Authorised Treatment Facility (ATF) status for handling WEEE (Waste Electrical and Electronic Equipment). Phone Recycle Bank is also registered with the British Standards Institute (BSI) to the international management standards ISO9001:2008 for Quality and ISO14001:2004 for Environmental.

Phone Recycle Bank is part of 20:20 Mobile Group, a leading distributor of mobile phone products, ensuring customers benefit from the support of a market leader.

For more information visit www.phonerecyclebank.com