Question by Schooner: How does Recycle Bank make profits ? I want to know more in detail than what the website says.?
Recycle Bank seems to make profit by managing reward points on their website. How could recycle bank reward points to people and how they make profits? I also wonder how recycle bank could pay the companies that discount their own products for Recycle bank members? If you know about how Recycle Bank work, please let me know in detail. I want to know in detail more than recycle bank website said. Thank you.
Best answer:
Answer by gosain
You may see here also.
http://en.wikipedia.org/wiki/Recycling_in_the_United_Kingdom
Know better? Leave your own answer in the comments!
Recycle Bank offers incentives to citizens to recycle. The cities are saving in land fill expenses, because more waste is being recycled and they don’t have to pay the solid waste fees for this. Recycle Bank sets up a share with the city and takes a percentage of this savings as their payment for the program.