Post office phone recycling

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I note the Royal Mail have launched a mobile phone recycling service through the Post Office. Oddly, they appear to be loads more than the other sites.

They've just offered me £140 for my N95 8Gb. Whats the catch?

 

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http://www.simplydrop.co.uk/

 

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I used this site and Royal Mail stole my N95 8Gb from me.

I handed a Royal Mail appointed official my phone to be forwarded to a Royal Mail service, ie a completely internal process, and never saw it again.