Selling used phones used to be a Task, but not anymore as there are a number of platforms available to do so. But the question arises are they trustworthy? Should we hand over the device that used to contain every bit of our information from personal to professional? The answer is a big NO! Beware of these common online mobile phone selling scams which can turn your world upside down. Be very cautious when selling your phone because it’s very important to lend it in safe hands.
Also Read: Pre-Sale Checklist: What to Do Before Selling Your Phone
Here is a list of some common online mobile phone-selling scams:
1) Shipping Scams
This is the most common online mobile phone-selling scam occurring in Marketplace. In this type of scam, the scammer deals in the shoes of the buyer and will ask you to deliver the phone to a different address which is different from initially agreed. In the end, you will neither have your phone nor the payment.
2) Fake Payment Scams:
In this scam, the scammer pretends to buy your used phone and will send you a fake payment method, which can be in the form of a cheque that doesn’t exist in reality or it can be any fake site payment. In the end, you will be left with nothing in your hand. While selling your device one needs to be very cautious and should only select the trustable method which can either receiving cash or secure UPI payments.
3) Lowballing and Scamming
In this Scammer usually tries to give bait to the victim. In this buyers offers very low price than the phones market value, often stating facts like they are in urgent need of phone and will pay rest amount after the shipping but when the actual time comes they disappear or even send fake screenshots. That’s why it is said that beware of the ideas that seem too good to be true then it is probably a fraud.
4) Personal Information Theft
This is the second most common type of online mobile phone-selling scam. In this scammer tries to get more personal information like mobile number bank details and any other relevant information or maybe an OTP under the name of completing the transaction. But once you provide the details, they withdraw cash from your account, and in the end, you are left with nothing in your hand.
5) Non-payment or chargeback scams:
This is a not-so-common type of scam in the marketplace. In this scammer acts like a faithful buyer and even pays for the phone but initiates the chargeback from the bank stating that they did not receive the phone and again you will be left with no phone and money.
Choose the Right Platform:
To prevent yourself from common online mobile phone selling scams your very first step should be choosing the right platform to sell your device. The right platform guarantees the data privacy and authenticity.
Why Cashify?
Cashify has established trust over customers due to its quick valuation, doorstep pickup, Instant payment, secure transactions, and 100 percent data security. Also, it gives you the best possible price for your device. Let’s understand the Cashify service in detail:
Doorstep pickup: Cashify enables doorstep free pickup service which increases the convenience and ease of the customer.
Quick valuation: You would get an instant price quote when you are selling phones with cashify. You just need to provide some basic information about your device, such as its model and condition. Cashify’s advanced system will generate an instant price quote based on the current market value.
Paperwork: In Cashify, there is almost negligible paperwork which will save you precious time.
Secure Transactions: It enables instant and safe payment which makes it much more reliable.
Established Player: Cashify is a reputed brand which makes it reliable and trustable.
Disposal: They ensures a very responsible disposal of old devices and also check if the phone is formatted before starting with any other proceedings ensuring data privacy.
How to sell Phones on Cashify?
- Step 1: Visit the official website of Cashify or open the Cashify app.
- Head to sell phone section.
- Choose the brand or search for your mobile phone model to sell.
- Next, select the variant and click on Get exact value.
- Fill in the necessary details and you will get the final buyback price for your phone.
- Finally, schedule a doorstep pickup of your device.
Final Thoughts:
One should be aware of both the side of coins. If you are aware of the privilege of selling the used phone and earning some monetary benefits then you should also be aware of the drawbacks of common online mobile selling scams. By knowing both the side you will be able to make more sharp, wise, and informed decision. You should always go with the most reliable and trustable platform and should not fall into the trap of baits.
Also Read: Cashify’s Story: A Guide To Selling Phones And Getting Paid
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