The Korean company announced today that it will launch a new trade-in program that doesn’t require the purchase of a new handset. The “Galaxy Easy Compensation” scheme will pay Korean Galaxy phone owners money for their old device, with values fluctuating depending on the condition. Crucially, no purchase of a new phone is needed.

Samsung is updating its smartphone trade-in program ahead of Galaxy Unpacked 2025. Whereas before you could only trade-in your smartphone when buying a new Galaxy phone, now you can trade-in your phone for cash. Additionally, trade-ins are accepted any time of the year, and not just when purchasing a new Samsung phone.

Samsung is launching a new trade-in program in Korea that lets users trade in their old Galaxy phone for cash.

Samsung has now launched its Galaxy Easy Reward programme, where the company wants to buy its users’ old smartphones, Digital Trends reports. Unlike various trade-in programmes for mobile phones, Galaxy Easy Reward does not require the user to buy a new phone.

The new Trade-In Program will pilot in Korea and France starting today and expand to more regions through 2025. Partnered with Samsung, the program will be managed and operated by Likewize.