The Korean company announced today that it will launch a new trade-in program that doesn’t require the purchase of a new handset. The “Galaxy Easy Compensation” scheme will pay Korean Galaxy phone owners money for their old device, with values fluctuating depending on the condition. Crucially, no purchase of a new phone is needed.

Samsung Electronics recently announced a new Galaxy Trade-In Program, which allows trade-in of Samsung Galaxy devices at any time of the year on Samsung.com, even if customers do not purchase a new phone.