Press Release

Press Release page

“Buy a Galaxy Z Fold 6 | Z Flip 6 and trade in your old device at a MINTIT ATM”

  • 2024-07-24

- Launching a trade-in campaign for customers who purchase the Galaxy Z Fold 6 or Z Flip 6

- Additional KRW 200,000 bonus for trading in any previous foldable models from the Fold 3 to Fold 5

… Up to KRW 1.1 million compensation available for trading in a Galaxy Z Fold 5 during the campaign

- MINTIT stands out for its unique feature of instant payment after on-the-spot personal data deletion


As the introduction of a business operator certification system for safe used phone transactions approaches this year, MINTIT, a leader in the domestic ICT recycling market, is collaborating with Samsung Electronics on a trade-in campaign for new Galaxy smartphones.


On the 24th, MINTIT announced the launch of the Galaxy Z Fold 6 | Z Flip 6 Trade-In campaign, offering up to KRW 1.1 million*, which includes the appraisal value of the traded smartphones plus additional compensation. This applies to customers who purchase a Galaxy Z Fold 6 or Z Flip 6 and return their old devices through a MINTIT ATM.

*Based on customers who own a Galaxy Z Fold 5 in Grade A condition


This campaign, running until the end of August, provides additional compensation of up to KRW 200,000, the highest ever, on top of the appraised trade-in value based on the condition and performance of the used phone. 

*Total compensation amount by model


Model

Total Compensation


Galaxy Z Fold 5

KRW up to 1.1 million

Including additional compensation of KRW 200K 

Galaxy Z Fold 4

KRW up to 805K

Galaxy Z Fold 3

KRW up to 590K

Galaxy Z Flip 5

KRW up to 800K

Galaxy Z Flip 4

KRW up to 480K

Galaxy Z Flip 3

KRW up to 375K


The Galaxy trade-in campaign is available through over 6,600 MINTIT ATMs and drop-off boxes nationwide, including at stores of the three major telecom carriers. Carrier subscribers can use MINTIT kiosks located at their respective carrier stores, while customers with unlocked phones can access MINTIT ATMs at Samsung stores, major retail chains, post offices, and other nationwide locations. Detailed program information can be found on the MINTIT website and the MINTIT app.


MINTIT expects that this Galaxy trade-in campaign will encourage customers planning to replace their smartphones to purchase new models at reasonable prices. In addition, MINTIT’s complete personal data deletion service (MINTIT Safe) is anticipated to help promote a safe and transparent used phone transaction practices. MINTIT is also insured with liability coverage of up to KRW 1 billion in case of personal data leakage, ensuring a worry-free experience for customers selling their used phones.


“MINTIT’s proprietary technology allows us to completely erase personal data on the spot, and another key feature is that we transfer the payment to the customer’s account immediately after completing the transaction,” said a MINTIT representative. “Through this Galaxy trade-in campaign, we hope customers can trade with MINTIT without worrying about data leaks, purchase a new smartphone at a reasonable price, and contribute to ESG efforts by recycling their old phones.” 


ICT recycling company MINTIT announced that it will operate the "Galaxy Z Fold 6 | Z Flip 6 Trade-In" campaign for customers who purchase a Samsung Galaxy Z Fold 6 or Z Flip6  until the end of August. A model is seen promoting the campaign.


A poster promoting the "Galaxy Z Fold 6 | Z Flip 6 Trade-In" campaign


MINTIT ATMs installed at major retailers, telecom stores, and Samsung stores nationwide