PayMore Store Cash for Electronics Retailer Comes to Manhattan’s Chelsea Neighborhood

Just in time for the holiday giving season, the fourth PayMore Store in New York opened in November 2022. Located in Chelsea at 251 W 23rd Street, the newest professional PayMore team is available to help you trade in new and used electronics for cash. Store visitors can sell electronics, from iPhones to iPads, or laptop computers and the latest gaming systems – or trade in old electronics for cash at the new PayMore Store in Manhattan.

Alex Cruz, PayMore Stores franchisee in Chelsea NYC.

Alex Cruz, PayMore Stores franchisee in Chelsea Manhattan

As a modern pawn shop alternative, each franchise PayMore Store team at locations nationwide are trained in data security, industry-leading warranties, and the information you need to make the best choice when purchasing the latest electronic device. Each storefront is well lit with a modern and welcoming design, safety and cleanliness a priority, and each is located in a busy shopping area near college campuses, employment centers, and public transit.

The newest NY franchise location is owned by Alex Cruz, and is a quick commute from Brooklyn, Queens, and New Jersey. Cruz’s team is already serving students at nearby CUNY, ASA College, and NYU as they return for the spring semester.

Expanding Cash for Electronics Nationwide

The fastest growing national cash for electronics franchise retail company in the country, PayMore Stores started in New York with its first storefront in Massapequa opening in 2012. A Brooklyn PayMore store opened in 2018, with two other stores in North Carolina shortly after. In 2022, the franchise company grew to another 6 locations which opened across the United States– offering cash for electronics. PayMore is pioneering a safe and welcoming local place to sell laptops and sell cell phones, while always offering their customers top dollar for devices. PayMore Stores now has over 60+ locations in development in the United States alone.

Entrepreneur and New York native Alex Cruz has been running his own business since high school, including a print and design shop and digital marketing company. His creative roots run deep, and his rap album topped the charts for eleven weeks in the U.K. He has toured internationally as a rapper and music producer. Today he shares time between Florida and New York.  

“For as long as I can remember, I was always frequenting thrift stores, flea markets, and garage sales looking for deals. I even did this on tour,” says Cruz. “So when the opportunity to hop into a business that let the goods come to me rather than me going on the hunt, it sounded like a dream come true.”

Consumer Electronics, Privacy Protections, and Franchising in 2023

For 2023, Cruz thinks Apple will continue to dominate the smartphone market. He’d love to see Apple bring their creativity and design to the gaming world with their own console. For entrepreneurs considering joining the PayMore Store’s franchise Alex says, “Don’t be scared to get your hands dirty with your staff. Get in there and have some fun together. It’s a fast-paced environment that’s far from mundane. Each day is an exciting experience, and no two days are alike! Everyone at the PayMore Store training program has been incredibly supportive, answering questions in real-time as items and situations occur.”

For consumers, Cruz reminds us all to, “Wipe everything, don’t share passwords, and if it’s too good to be true – don’t trust it or click on it! No prince is going to send you money or crypto!” 

Each PayMore Store team is committed to data security and receives in-depth training to ensure all electronics sold and traded-in to a PayMore Store is correctly wiped of personal information. If you have data privacy and security questions, ask Cruz, his team, or any of the friendly staff at a PayMore Store near you for help. Data security is an important issue and one that will only get more serious as technology becomes an expanding part of our lives. While an important tool, cell phones, wearable devices, and other electronics must also be protected and disposed of correctly to ensure our personal information remains secure.

Visit PayMore Chelsea NYC

PayMore- Cash for Electronics
251 W 23rd St, New York, NY 10011