Cashify: 70% of Indians won't sell old smartphones over data leak fears

A Cashify survey of 8,000 Indians finds 70% hesitate to resell used smartphones citing personal data and banking leak risks. 45% now prioritise data security over price, 83% demand certified data wipes, and 87.2% want verified buyers — flagging trust as the key unlock for India's re-commerce category.

— Filed Sat, 20 Jun, 2026, 13:14 IST · Source Business Today · Latest · Updated

Cashify survey of 8,000 Indians finds 70% hesitate to sell used smartphones over data privacy fears. 45% now prioritize data security over price; 83% want certified data deletion, signaling opportunity for re-commerce platforms.