Cashify reduced value for my exchange on Samsung website

91°
Deal Cadet
muxdemux

Before downloading Cashify and trying to sell on Cashify my exchange value of S20FE 5G was coming as ~14.5k on Samsung site, after trying to sell on cashify(shows 10.5k) now its coming as same ~10.5k on Samsung site.

It seems Cashify will sync data to Samsung?

FYI for dimers sad

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Deal Cadet Deal Cadet
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cashify never pays what's shown on 1st time.  

Deal Cadet Deal Cadet
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Yes heard same. But in my case even the exchange value on Samsung website changed for both smart exchange(crap as they completely check phone) and Instant exchange(delivery guy installs Cashify diagnose app) and takes phone.


Maybe anyway after Cashify diagnose would have got same ?!

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Deal Cadet Deal Cadet
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Cashify value changes try tomorrow 

Deal Subedar Deal Subedar
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I took a brand new mobile to Cashify, they said "sir, we will open it, test the phone and then share the value"

That's Cashify for you in one line.

Benevolent Benevolent
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Cashify value up and downs. My device value go to 13k by next month it goes to 17k something. It is to some device specific. 

Deal Subedar Deal Subedar
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Try other phone recycle vendors if available at your pincode 

Deal Cadet Deal Cadet
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Thanks, any good suggestion?

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Benevolent Benevolent
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The exchange value on the Samsung website is always "up to" and it changes very often depending on demand/supply. Even the models available for exchange keep changing.

Deal Cadet Deal Cadet
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Yes, I understand but big change of ~4k in 1-2 days. Now 'theoretically' also no change of me getting 14.5k in exchange smile
Deal Newbie Deal Newbie
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Unlikely.
You wrote 'site', for Samsung
and 'application' for Cashify.
How, if at all, is Cashify informing Samsung.. if you think it is doing so?

Are you using the same e-mail address, phone number on both platforms?

Or the IMEI (of the exchange device) entered on both platforms was the same?
If you are saying, that Samsung and Cashify share internal data with each other, I am trying to figure out "how did they identify you to be the same unique individual?".

The privacy policies of both platforms are not too clear on it, but unlikely that they can legally sell, share such personal identifies without explicitly informing the customer AND taking the customers consent for doing so.
(Unaware if the terms that one signs up for on these platforms, include any waivers. I have neither used these two platforms, nor researched theor privacy policies in-depth.)
Deal Cadet Deal Cadet
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Sorry, I mentioned site only but same thing for app/site.

I thought to get data for exchange value as Samsung finally relies on Cashify it is maybe showing amount based on Cashify + IMEI(by calling their API, I checked n/w they aren't calling cashify api directly but might be doing internally from their own 'device-offers' api call as they are sending IMEI to their API call).

Payload:
{
"sku": "SM-S911BZKB",
"postal_code": "my-postal-code",
"offer_ids": [
"1704781155996",
"1704780351076"
],
"imei": "MY-IMEI-ID",
"store_id": "corporate"
}

Same mobile number, same imei but different email ids.

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Helpful Helpful
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The possibility that i can think of is, they must be having algorithms that reduce the price depending on number of people offer a particular device for sale, eg if in a month 200 users try to sell s20fe reduce the price by 2000 for any further enquiries. And yours might be that 200th

Deal Cadet Deal Cadet
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Nicely put, possible and maybe the data just changed in last 1-2 days so I felt its done for me.
Generous Generous
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The more you get your device evaluated, the more they will reduce the price.

Always use same phone of someone's IMEI/Phone it self to get the approximate value.

Deal Cadet Deal Cadet
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Sad but possibly another aspect of their algo, just like airlines keeps increasing price if you keep searching for a route.
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Generous Generous
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Can someone tell which app does the exchange person from cashify run on the phone for diagnosis

There are 2-3 different apps on the play store

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