Posted:10-August-2012
Cash Converters franchise unveil plans to crack down on stolen goods
Cash Converters is working with police forces across the UK to eliminate people attempting to sell stolen mobile phones and computers to the store. The retailer is reiterating its zero tolerance policy when it comes to stolen goods.
With already strong identification policies in place, all customers selling to the number one retailer of second hand goods have to supply two forms of identification as well as have their photo taken, Cash Converters has taken it to the next level with mobiles and Computers.
All mobile phones are run past the Checkmend system, allowing stores to see whether the phone has been reported to the police or whether it has been blocked or reported as stolen to the mobile provider and insurance companies. The store will also be notified for the next 30 days following the initial check in case the item is reported as stolen after the item has been sold to Cash Converters. In addition, all SIM cards are destroyed and factory setting restored so all customer data is protected.
All stores across the country build an excellent relationship with their local police and by sharing this information both organisations can crack down on stolen goods.
Cash Converters is also rolling out an information sharing protocol system with police authorities across the country. This system allows the retailer to send details of all goods a store has purchased or put on the Buyback or pawn system each day so they can cross reference it to their records of any stolen goods in the area.
John Colbert, Business Development Manager said: “Our relationship with local police authorities and systems like Checkmend are vital to our business, the stringent policies are enabling us to eliminate stolen goods passing through our store.
“Recent research highlighted that a fifth of survey respondents said the reason they didn’t sell unwanted goods was due to concerns over data protection. However, our systems should put customer’s mind at rest.”
Cash Converters is the world’s number one retailer of pre-owned goods and financial services provider with 217 stores in the UK and over 660 stores worldwide.
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