PayMore Expands Rapidly: 19 New Stores Set to Open Across Major Cities!

Pembroke Pines, FL, USA - Exciting news is buzzing around the electronics resale industry, as PayMore continues its remarkable expansion across the United States and beyond. With a vision that has garnered the company impressive growth, PayMore is ambitiously set to reach approximately 150 stores by the end of 2025. This significant expansion includes 19 new locations slated to open between April and June 2025, according to Chain Store Age.

Currently boasting 88 operational locations, PayMore has witnessed a staggering 700% increase in its store count over the last two years. Major metro areas such as San Diego, Atlanta, Chicago, Miami, Houston, and Washington D.C. will soon welcome new stores, further solidifying the brand’s presence in key markets. CEO Stephen R. Preuss Sr. highlighted the commitment to enhancing access to electronics trade-in services across North America, reinforcing the company’s dedication to eco-friendly practices in tech recycling.

Expansion in March 2025

In March alone, PayMore announced the grand opening of 18 new locations across the U.S., Canada, and the U.K., as detailed in a recent report from PR Newswire. This growth initiative is part of a broader strategy that has led to a 600% increase in units since the company’s founding in 2011. The electronics resale market is increasingly vital for sustainable practices and resource conservation, and PayMore is at the forefront of this sector.

Among the new locations opening in March are several Florida establishments, including Melbourne, Alafaya, and Pembroke Pines. These stores are set to not only offer refurbished electronics but also a commitment to reducing landfill waste through responsible trade-in services. Additionally, PayMore has signed 13 franchise agreements in the first quarter of 2025, paving the way for nearly 70 new stores across various states.

Trends in Electronics Resale

The evolving landscape of the electronics resale market is driven by several notable trends, as outlined in insights from EZE Wholesale. A growing emphasis on sustainability has sparked increased consumer demand for refurbished and secondhand devices. This surge means that wholesalers can capitalically benefit from partnerships with certified refurbishers, promoting eco-friendliness in their marketing efforts.

Subscription-based models offering leasing options for devices are becoming increasingly popular, which not only allows customers flexibility but also provides retailers with recurrent revenue streams. Areas like wearables and smart home technology are emerging niches, creating fresh opportunities for businesses willing to adapt. Meanwhile, AI technologies are transforming inventory management, paving the way for better demand prediction, optimized pricing, and enhanced customer service.

As we watch PayMore thrive in this dynamic environment, it’s clear that the electronics resale market is not just about transactions but is embracing a broader mission of sustainability and community accessibility. With its aggressive expansion plans and commitment to eco-friendly practices, PayMore is not just trading devices; it’s fostering a movement towards a more sustainable future.