Samsung You’re looking to buy your old smartphone, but unlike regular trade-in programs, the newly launched Galaxy Easy Reward program doesn’t require you to buy a new phone at all. With it, Samsung takes care of various recycling centers for used phones and devices that buy your old phone, saving you the hassle of selling it privately.

The Galaxy Easy Reward will go online in Korea on January 14, and the range of phones Samsung will buy is extensive. Starting with the Galaxy S20 series, Samsung will also buy the S21, S22 and S23 series, as well as the Galaxy Z Fold 3, Z Fold 4 and Galaxy Z Fold 5. Rounding out the list are the Galaxy Z Flip 3, Galaxy Z Flip. 4 and Galaxy Z Flip 5. Latest series Galaxy S24, Galaxy Z-fold 6 And Galaxy Z Flip 6 not included.

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The price of the phone depends on the condition, and it looks like the Galaxy Easy Reward system will first provide an estimate and a final price once the device is returned. The phones will also be rated in an unusual way: “Excellent” or “Good”, presumably meaning the phone can be resold, or a final rating of “Recycling”, meaning the phone will be broken up.

It also looks like Samsung will be acquiring third-party devices, but how that works is unclear from the Korean-translated press release. Why did Samsung launch the Galaxy Easy Reward program? A quote from Samsung Electronics Vice President Jung Ho Jin explains:

“We hope this program will increase the long-term value of Galaxy products and contribute to the circular economy,” he said.

Apple’s iPhone is known for its resale value compared to most other smartphones, and it looks like Samsung wants to give its phones a boost. A iPhone 16 plus A high-spec model in excellent condition costs up to $763, while a Samsung Galaxy S24 Plus costs up to $613, according to used device buyer SellCell. By increasing the cost of using a phone, Samsung is likely hoping to attract more buyers to its new phones.

The Galaxy Easy Reward program will first launch in Korea, but the press release states that it will expand to other regions in the future.

Source: Digital Trends

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