The companies compared by DialToSave's comparison service for handset recycling are all for profit companies. They earn money by purchasing used mobile phones in working and non-working condition and then selling them on as second hand items to consumers or small retailers, or for some phones by selling specific components for use in new phones. This also decreases the price of new devices for consumers.
So what do I do?
Simply select the mobile phone you wish to recycle. This is done by choosing the manufacturer and then model of the handset from the
main page. A table is shown with a list of merchants and prices. These are the prices that the merchant will pay you to buy your device from you. There are no other charges to take into account.
Click on the merchant you want to sell your old mobile phone to (presumably the one offering the most money) and you will be taken to the relevant page on their website. From there, you can opt to sell the item. In some cases you can choose between cash (actually a cheque or bank transfer), charitable donation, and high street or online vouchers. You then enter all your details for contact and payment.
Once the "order" has been created, you need to send the phone to the merchant. Assuming that you are sending less than 10, you must post it yourself by putting it in a padded envelope or box and putting the Freepost address on it as given by the merchant (so that you don't have to pay for postage, just the packaging). If you are sending a very large quantity, most merchants will arrange for a courier to collect the merchandise.
When they receive your phone, they will clean off all data and check that it is in working condition. Assuming that it is, they will then confirm by email and send out the payment or other agreed form of compensation. It's as easy as that. Some people have been known to receive a cheque just 2 days after the sent off their old handset.