Backflip has come out of stealth mode and officially rolled out. The rollout comes after a beta phase in which the company, which lets consumers sell old or used electronic devices, paid out more than a half a million dollars to its clients, according to an announcement.
Customers can immediately sell their devices to the company with different shipping options such as complimentary drop-offs and pickups.
“We want to help people get paid for the things they have lying around and turn that chore of reselling into a complete joy,” Backflip CEO and Co-Founder Mike Barile said in the announcement. “Before Backflip, the process was risky and time-consuming, which made it not worth the hassle. We’re launching Backflip now to change the future of recommerce, so people will be able to sell their stuff and get paid at the tap of a button.”
Backflip repurposed more than 3,000 devices that would have been disposed of or sat unused at home in its beta period, according to the announcement. The platform accepts more than 130 different kinds of electronics.
Customers answer a couple of fast questions about their devices and then Backflip provides a pre-set price and guarantees payment within 24 hours of receiving the product. Users then choose a shipping method. They can opt to give their device with a unique code to an associate at almost 5,000 The UPS Store locations for free, or they can choose to package their product at home and set up a complimentary UPS pickup.
Backflip offers tracking to make sure that customers are paid within 24 hours of getting the delivery, according to the announcement.
“Unlike other resale options, Backflip prioritizes the user’s time and convenience,” Backflip CTO and Co-Founder Adam Foosaner said in the announcement, noting that the company is “here to do all the work for the seller and make sure they get paid fairly and quickly.”
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