Mobile phone recycling has become one of the fastest growing segments of the recycling world for many reasons. Many companies realized the potential for mobile phone recycling when a report was made which indicated that there were nearly one hundred million phones in the United Kingdom alone which were sitting unused in drawers and dressers. Also, the topic of e-waste has become a popular one after it was discovered that the UK as well as other western nations were illegally dumping e-waste like old computer and phones on the developing nations. This led to literally dozens of e-waste recyclers popping up to meet the needs of UK citizens which are largely unaware of how to dispose of their old phones properly.
Studies have shown that people are far more likely to recycle if there is some incentive to do so. Financial incentives are still the number one motivator, although customers have also responded to voucher offers, as well as charitable donations as a way to get them to recycle more. Cash 4 Phone hopes that its competitive prices will help to make 2010 the biggest year ever for mobile phone recycling. Cash 4 Phone has tried to take advantage of all of the unused handsets in the UK by offering cash for old phones. They have recently updated the prices on their website to account for the recent rise in VAT.
Mobile phone recycling is important not just as a way to make money but it also keeps harmful batteries out of landfills where they often leak harmful chemicals into drinking water.
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