eco-footprint
Earn Reward Points by Recycling!
27 April 2008 11:50 AM Filed in: Green Living
By Kat Vaughan
Thanks to RecycleBank, you can now do good by reducing your eco-footprint and leave some cash in your pocket. RecycleBank provides homes with a free container to dispose of recyclables. The containers have an RFID chip (radio frequency identification chip) and when picked up, the RFID chip is read, the information sent back to RecycleBank, and then converted to reward points. These points are accrued and then redeemable at Whole Foods, Starbucks and hundreds of other stores. You can keep track of your points on RecycleBank's website.
The service is free for all homeowners; the company generates its revenues by receiving a percentage of money cities save by producing less landfill waste. This enterprising business idea is currently operating in Delaware, Massachusetts, New Jersey and Pennsylvania and will eventually be taken nationally and internationally.
Thanks to RecycleBank, you can now do good by reducing your eco-footprint and leave some cash in your pocket. RecycleBank provides homes with a free container to dispose of recyclables. The containers have an RFID chip (radio frequency identification chip) and when picked up, the RFID chip is read, the information sent back to RecycleBank, and then converted to reward points. These points are accrued and then redeemable at Whole Foods, Starbucks and hundreds of other stores. You can keep track of your points on RecycleBank's website.
The service is free for all homeowners; the company generates its revenues by receiving a percentage of money cities save by producing less landfill waste. This enterprising business idea is currently operating in Delaware, Massachusetts, New Jersey and Pennsylvania and will eventually be taken nationally and internationally.
What are your thoughts about this? I really like reducing the landfill but I am not crazy about the RFID chip. Nothing is private anymore.
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