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March 6, 2013 11:20 pm GMT

Ebay Shuts Down Instant Sale Service For Cash Trade-Ins On Phones And Other Gadgets

logoInstantSaleEbay, the online marketplace that recently added a redesign reminiscent of Pinterest to enhance a personalized experience for its users, is paring down in other areas. Among them, the site has discontinued its Instant Sale service, a program for users to quickly trade in used consumer electronics for cash, with the electronics then resold by eBay working with a third party. Instant Sale, eBay noted in February, had racked up some 4 million offers since being rolled out commercially in the U.S. in 2011.

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