Intellibox aims to roll out more than 1,500 ATM-style phone trade-in kiosks across the UK in the next 12 months to allow consumers to trade in their phones for cash or Amazon vouchers. About 40 kiosks are currently operating, but Intellibox plans to increase that number to 70 by March and over 1,500 total by the end of the year. The kiosks use patented technology to value devices and make payments within 5 minutes. Intellibox conducted a year-long trial of 40 kiosks and saw over 3,000 trades, aiming to increase annual turnover from £1 million to £10 million.

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Intellibox aims to deliver more than 1,500 ATM-
style trade-in kiosks
By Manny Pham - January 29, 2018
Consumers can use the kiosks to trade in their phone for Amazon vouchers or cash in
their bank account Mobile phone trade-in firm Intellibox is aiming to roll out more than 1,500
ATM-style phone trade in for cash kiosks across the UK in the next 12 months, as it targets a 10-
fold increase in revenu
writes Manny Pham.
About 40 ‘Intelliboxes’ are in operation, which will increase to 70 by March. Intellibox CEO Som
Sinha told Mobile News the firm will roll out more than 1,500 kiosks over the next 12 months,
increasing turnover from £1 million to £10 million by the end of the year. The kiosks will be place
in popular shopping destinations and will utilise patented technology to value devices and pay
patrons to bank accounts or with an Amazon voucher in just five minutes. Traditional phone-trad
in services can take days due to transportation and analysis of devices. An iPhone 8 Plus in good
condition can fetch up to £420, phones that are broken or damaged are eligible.
The kiosks were rolled out to 40 locations incrementally across the UK during a year long trial ru
which began January 2017. In the period over 3,000 devices were traded in, over a thousand
alone in January this year.
Plans are being formulated for a release upon Western Europe countries such as: France, Spain

2. and Germany in 2019.
Gadget Repair Solutions will provide the reverse logistics and device management at its 10,500
square feet processing centre in Southend. Devices will undergo a data erasure process to ensur
the service falls in line with EU data legislation, the general data protection regulation (GDPR).
Sinha said: “We want to hit £10 million in turnover by the end of the year, to do so we’ll roll out
1,500 kiosks to properly serve the UK. After establishing ourselves in the UK we will look outward
towards Europe most likely next year and eventually across the pond in the US.
“We are very happy that the ease, speed and reliability of the Intellibox appeals to consumers.
This is very encouraging for us as we can now look to expand in more locations nationwide as th
year takes its course.”
Manny Pham