EcoATM

The U.S. alone disposes of more than 384 million units of e-waste each year, and less than 20 percent of that is recycled, according to the Electronics TakeBack Coalition. The remaining 80 percent is burned or dumped in landfills, leaking toxic substances like mercury, lead, cadmium, arsenic and beryllium into the environment.

There is a huge need for proper riddance of e-waste, and the worldwide market for e-waste recovery reached $15 billion at the end of 2014, up from less than $6 billion in 2009.

It seems that many companies are figuring out how to make money off of e-waste, but most of them are focusing on large-scale B2B endeavors and this is all truly great. However, this does not help you and me rid ourselves properly of our e-waste, and it therefore often ends up in a electronics cemetery-like drawer in our home or goes right in the trash along with everything else.

EcoATM is the first and only company to create an automated consumer self-serve kiosk that uses patented, advanced machine vision, electronic diagnostics, and artificial intelligence to quickly evaluate and buy back used consumer electronics directly from consumers for cash.

The EcoATM simplifies and rewards recycling of your electrical devices. It will examine any device and then search for the highest price it can find in the worldwide market. EcoATMs are able to find a second life for approximately 60% of the devices they collect. For the 40% of devices collected which it cannot find a second life for, EcoATM partners with the best e-waste reclamation facilities in the world to ensure those materials, particularly the precious metals, are reclaimed and reused in place of mining new materials and precious metals from the Earth.