GameStop will implement a new trade-in policy starting August 18, simplifying its current program with fewer pricing tiers. The announcement confirms earlier reports.
The values depend on whether customers want cash or in-store credit and whether whether they are a PowerUp Rewards Pro member -- meaning there are four price-points in total.
"For example, a customer who is a PowerUp Rewards Pro member who sells a game valued at $20 for credit could get $22, whereas a customer who sells that game for cash and who is not a PowerUp Rewards Pro member would get $16," GameStop explains.
The company also revealed it issued $1.2 billionin trade-in credits last year, of which 70 percent of customers used to purchase new games and electronics.
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