Specialties
We Buy, Sell, Trade and Shred Certified Pre-Owned Electronics
Top cash offers for resalable phones, laptops, consoles, cameras, & more (yes, we take locked and cracked iPhones/Samsungs).
Certified phone and data destruction: Canada’s first @RACK NAID-approved shredder issues a time-stamped Certificate of Destruction. We shred phones on the spot.
Hot-List Payouts: iPhone 12 + | Galaxy S21 + | M-series MacBooks | iPads | Apple Watch | PS5
Call, text or visit us for a device valuation. We offer commissions of up to 5% for IT managers near our store.
Upgrading, downsizing, data destruction, or repurposing tech? We pay more. And we ar ea trusted licensed establishment supported by the Toronto Police Department.
History
Established in 2012.
PayMore began in 2011 as a single tech-buyback shop in Massapequa, NY, founded by longtime friends — and gadget geeks — Erik Helgesen and Stephen Preuss. Their big idea: pay people more cash than pawn shops, wipe every device to forensic standards, and keep electronics out of landfills. The concept took off; by 2017 PayMore was franchising, blending brick-and-mortar service with e-commerce reach.
Fast-forward to today and PayMore has 50 + stores across the U.S., a proprietary cloud POS, and a reputation for “cash in minutes, data gone forever.” In 2025 we crossed the border: PayMore Toronto Downtown opened at 577 Yonge St. as Canada’s flagship location, locally owned by Jason Hendeles. We still follow the original playbook — friendly tech pros, instant quotes, eco-smart recycling — just with a Toronto twist (yes, we buy hockey-night iPads, too). Come see why “We Pay More” isn’t just a slogan; it’s our promise.