Start-up company Intellibox is aiming to change the way mobile phones are sold. This pioneering new way to instantly exchange unwanted phones for cash has begun in a few selected locations across the UK, including Glasgow, Paisley and Clydebank.

The phone is placed in a drawer in the self-service kiosk and following a few easy instructions, a price is quoted for the phone instantly. If the customer likes the price they simply agree and the money is quickly deposited in their bank account or if preferred, paid as an Amazon gift voucher.

“We believe these ATM-style kiosks that use patented technology to assess and value phones are a significant improvement on the website based alternatives already used by millions of British consumers a year,” said Ranjith Suresh, Vice President of Operations, “There’s no longer any need to post your phone and wait for payment or worse, wait for your phone to be returned because the quote you were given has changed.

"Also, because the innovative technology used by Intellibox has already assessed your phone, the price you are quoted will always be the price you receive. Any phone can be sold this way, no matter if it is broken or damaged.”

When the Intellibox scans and 'shakes hands' with the phone, it finds out everything it needs to know about the phone’s status and condition there and then. Since it uses hassle free cable-less technology, the Intellibox touches none of your private data or information in the process.

“If you have an old phone and need extra cash, Intellibox means no waiting and no nasty surprises,” said Ranjith “What you see is what you get. We also have a list of stolen phones, so if anyone tries to sell a stolen phone, they’ll get a message saying it can’t be recycled and to contact the store where it was bought.

Similarly, if someone sold us a phone and then reported it stolen we’ll pass all the information we have to the relevant authorities. And as an extra bonus, whether you use the service or not, every Intellibox offers free charging points for anyone to use.”