You can potentially make money off electronic scrap that is otherwise discarded as waste. When an electronic device such as a computer or TV ceases to function, it does not mean that all its parts are useless. Some components can be recovered for reuse as is or after servicing. In some cases the entire gadget can be salvaged and sold for recycling. There are several strategies you can use to make money in scrap electronics business. Electronic devices contain materials that can be sold to different scrap dealers. Most of them will contain plastic, glass and making money electronic parts — materials that may be sought by industrial clients. Determine what type of electronics you will deal in, whether TVs, computers, cameras or video game consoles, then identify potential buyers from an Internet search, the local directory or Yellow Pages. Contact these buyers to ascertain whether they will buy the gadgets in whole or require specific parts.
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You should never just throw an old electronic device in the trash. Instead, sell your old devices for cash or donate them to a good cause. January 10, Christmastime has come and passed, and chances are you’ve got some new gadgets to show for it. They might be totally junky or still in good shape, but no matter what, you should never just throw an old electronic device in the trash. Here are six ways to go about it:. Many retailers offer trade-in programs that give you cash for your old devices. Just bring them in, and you’ll get a quote that you can put towards the purchase of something new at GameStop, put on a gift card, or carry out in cash. There are pros and cons to each of these sites: Craigslist is hyper-local and may require you to meet face-to-face with prospective buyers, while eBay and Amazon are global but take a portion of your profits and can be complicated to navigate. If you can’t decide between the two, you don’t have to. We recommend posting your items on both sites and selling it to your best offer. Even older, worn out items can fetch you a pretty penny.
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That 6-year-old white Macbook with a cracked case and a dead hard drive probably still has valuable parts inside. The value of a used item varies greatly depending on condition, age, and current market price, but it is usually worth investigating. If you want to get the maximum value, you will always do best by selling yourself. Need help?
What is eWaste?
Nearly everyone in the modern world has access to computers and other electronic devices. You likely have to replace your home PC or laptop every couple of years or so. What do you do with your old PC when you replace it with a new one? Instead, consider one of the available options for recycling computers and other electronic items for cash.
Electronic money For electronic payments in conventional currencies, see Electronic funds transfer. Goldwasser, Ed. Electronic Money Electronic money e-money is broadly defined as an electronic store of monetary value on a technical device that may be widely used for making payments to entities other than the e-money issuer. Typically, this involves the use of computer networks , the internet and digital stored value systems. Schemes mixing both hardware and software-based features also exist. The U. Data complying with the revised reporting scheme are available as of the reporting period December
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Electronic money also known as e-currencye-moneyelectronic cashelectronic currencydigital moneydigital cashdigital currencycyber currency is money or scrip that is only exchanged electronically. Typically, this involves the use of computer networksthe internet and digital stored value systems. Also, it is a collective term for financial cryptography and technologies enabling it. While electronic money has been an interesting problem for cryptography see for example the work of David Chaum and Markus Jakobssonto date, the use of e-money has been relatively low-scale.
One rare success has been Hong Kong ‘s Octopus card system, which started as a transit payment system and has grown into a widely used electronic money. London Transport ‘s Oyster card system remains essentially a contactless pre-paid travelcard.
Two other cities have implemented functioning electronic money systems. Very similar to Hong Kong’s Octopus card, Singapore has an electronic money program for its public transportation system commuter trains, bus. The Netherlands has also implemented a nationwide electronic money system known as Chipknip for general purpose, as well as OV-Chipkaart for transit fare collection. In Belgium, a payment service company, Proton, owned by 60 Belgian banks issuing stored value cards, was developed in A number of electronic money systems use contactless payment transfer in order to facilitate easy payment and give the payee more confidence in not letting go of their electronic wallet during the transaction.
In technical terms, electronic money is an online representation, or a system of debits and credits, used to exchange value within another system, or within itself as a stand alone.
In principle this process could also be done offline. Occasionally, the term electronic money is also used to refer to the provider. A private currency may use gold to provide extra security, such as digital gold currency. Some private organizations, such as the United States armed forces use independent currencies such as Eagle Cash.
Many systems—such as PayPalWebMoneycashU, and Hub Culture’s Ven—will sell their electronic currency directly to the end user, but other systems such as Liberty Reserve only sell through third party digital currency exchangers. In the case of Octopus card in Hong Kong, electronic money deposits work similarly to regular bank deposits. After Octopus Card Limited receives money for deposit from users, the money is deposited into a bank.
This is similar to debit-card-issuing banks redepositing money at central banks. Africa and Afghanistan are seeing prepaid cell phone minutes being used as electronic money using the M-Pesa. Some community currencieslike some local monfy trading systems LETS and the Community Exchange Systemwork with electronic transactions. In the use of offline electronic money, the merchant does not need to interact with the bank before elwctronic money from the user. Instead merchants maaking collect monies spent by users and deposit making money electronic parts later with the bank.
In principle this could be done offline, i. Nevertheless the merchant is guaranteed that the user’s e-money will either be accepted by the bank, or the bank will be able to identify and punish the cheating user.
In this way a user is prevented from spending the same funds twice double-spending. Offline e-money schemes also need to protect against cheating merchants, i.
Using cryptography, anonymous ecash was introduced by David Chaum. He used blind signatures to achieve unlinkability between withdrawal and spend transactions. Depending on the properties of the payment transactions, one distinguishes between online and offline e-cash. The first offline e-cash system was proposed by Chaum and Naor.
A hard electronic currency is one that does not have services to dispute or reverse charges. In other words, it only supports non-reversible transactions. Reversing transactions, even in case of a legitimate error, unauthorized use, or failure of a vendor to supply goods is difficult, if not impossible. The advantage of this arrangement is that the operating costs of the electronic currency system are greatly reduced by not having to resolve payment disputes.
Additionally, it allows the electronic currency transactions to clear instantly, making the funds available immediately to the recipient. This means that using hard electronic currency is more akin to a cash transaction.
A soft electronic currency is one that allows for reversal of payments, for example in case of fraud or disputes. Reversible payment methods generally have a «clearing makkng of 72 hours or. Examples are PayPal and credit card. A hard currency can be softened elecrtonic using a trusted third party or an escrow service.
It will not only make paying without paper money, it will also replace bank cards, and life turns out to be «card less». The benefits of that not only make users more convenient, also reduce the cost of exchange. Electronic currency has been an ongoing event, it is predicted that by the end ofmillion people will be using this feature worldwide; approximately three billion adult users can trade with electronic currency through mobile network and internet by Therefore, for those mobile network providers, «cell phone electronic currency» means huge opportunity.
Although electronic money can provide many benefits—such as convenience and privacy, increased efficiency of transactions, lower transaction fees, and new business opportunities with the expansion of economic activities on the Internet—there partx many potential issues with the use of e-money. The transfer of digital currencies raises local issues such as how to levy elecyronic or the possible ease of money laundering. There are also potential macro-economic effects such as exchange rate instabilities and shortage of money supplies total pagts of electronic money versus epectronic total amount of real money available, basically the possibility that digital cash could exceed the real cash available.
Wikimedia Foundation. Electronic Money — is money which exists partw in banking computer systems and is not held in any physical form. In the United States, only a small fraction of the currency in circulation exists in physical form. We are using cookies for the best presentation of our site. Continuing to use this site, you agree with.
Electronic money. Interpretation Translation. Electronic money For electronic payments in conventional currencies, see Electronic funds transfer. The changing face of money: will electronic money be adopted in the United States? Retrieved 28 December Untraceable electronic cash. Goldwasser, Ed. Categories: Banking technology Cryptographic protocols Digital technology Electronic commerce Electronic currencies Financial cryptography Marketing Payment systems.
Look at other dictionaries: Electronic Money — is money which exists only in banking computer systems and is not held in any physical form. Dictionaries exportcreated on PHP. Mark and share Search through all ekectronic Translate… Search Internet. Contents 1 Electronic money systems 1.
Find tips and strategies to reclaim hidden profits from your precious metal scrap. Those are good questions. Plus, those older machines usually had modems, hard drives and other peripheral devices installed that contained even more gold.
Make Money Recycling Old Electronics
But mney can still make a significant amount of money recycling computers — both old desktops moneh newer laptops maklng. Here are some of the reasons why. Your first step is to call Specialty Metals Smelters and Refiners. Our precious metal recycling consultants can explain how many computers you need to obtain, how to process them before sending them to be processed, and other information you need to get your start maklng money by recycling computers. We process gold, silver, monet, palladium and rhodium from jewelry scrap, electronic scrap, catalytic converters, platinum thermocouple wire and. Clark St. It is still possible to find big batches of old laptops. They can sometimes be found in storerooms at schools, businesses, and hospitals. They are also being thrown into electronics collection areas at town recycling centers. If you can get your hands on 50,or of them and send their circuit boards to us for recycling, you can make a lot of money. And you might making money electronic parts able to get older computers for free, just by offering to haul them away. Give us a call at to learn. These Recyclable Materials Contain
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