BookDrop, a textbook buyback company, has partnered with CashDrop to offer new instant payments to help students get much-needed cash amid the COVID-19 pandemic.
Because of the COVID-19 pandemic, many campus bookstores have had to close their doors to prevent the lines of students that accompany their end of semester textbook buyback. Students are left with few options to get the much-needed money for their textbooks. BookDrop allows students to get paid for their books without any human interaction, which has been crucial during the pandemic. To use BookDrop, students just text them a picture of their books, drop them off in a BookDrop box near campus, and then get paid digitally.
Mark Sheffield, Co-Founder, and CEO of BookDrop noted, “getting cash instantly to student’s bank accounts was a logical next step. The response has been amazing, especially now when student’s need for cash is at an all-time high. This new campaign embodies our vision to make textbook buyback efficient, frictionless, and easy.”
Since launching in 2018, BookDrop has bought and sold over 35,000 books. Sheffield explains, “Our massive growth comes from the simplicity of our process. Send us a text message with a picture of the book, and well send back a price. It’s that simple!”
The company has placed 22 BookDrop near college campuses nationwide. After students drop off their books, money is sent instantly to the student’s bank account using CashDrop technology. Sheffield continues, “Some say the process is too good to be true – but we’ve helped thousands of students get much-needed cash.”
Sheffield started BookDrop after his first semester in college when he waited in a 2-hour line to take his exams during finals week. “I knew there had to be an easier way to get paid for my books than waiting in another line to find out if they were worth anything. Finals week is the busiest time of the year, and it’s also the only time that campus bookstores buy back textbooks.”
That’s when Sheffield realized he could buy the books through text messaging and sell them online. It started with a cardboard box outside his apartment and paying cash or Venmo for the books. Now having bought and sold over 35,000 books, there are BookDrop boxes at over 20 schools in Utah and the intermountain west.
“We’re glad we’ve been able to help thousands of students by getting them some extra cash,” Sheffield says. “Especially now, when they may be nervous or unable to leave their apartments and the need for cash is at an all-time high.”
BookDrop dramatically simplifies the textbook buyback process using SMS and frictionless payouts using CashDrop, Venmo, or PayPal.
To see if there is a BookDrop location near you, go to GoBookDrop.com/locations.
CashDrop offers businesses a frictionless, app-less process to get cash directly to consumer’s bank accounts for buyback purchases.
For more information, go to CashDrop.com