PayMore Continues Rapid Expansion with Plans for 96 New Stores in 2026

Why It Matters

The aggressive rollout underscores the accelerating consumer shift toward refurbished electronics, positioning PayMore as a dominant player in the fast‑growing resale market. Its expansion creates new retail jobs and reinforces the viability of brick‑and‑mortar resale models.

Key Takeaways

• 96 new stores slated for 2026 across US, Canada
• Store count rose from 71 to 150 in 2025
• Half of 2026 locations already have signed leases
• Goal: exceed 500 stores in North America and Europe
• Consumer demand for secondhand electronics drives rapid growth

Pulse Analysis

The resale of used electronics has moved from niche thrift shops to a mainstream retail category, driven by sustainability concerns and cost‑conscious shoppers. Analysts note that refurbished smartphones, laptops, and gaming consoles now capture a sizable share of new device sales, prompting investors to back businesses that can efficiently refurbish, certify, and resell hardware. PayMore’s model—buying devices directly from consumers, refurbishing in‑house, and offering walk‑in trade‑ins—aligns with this trend, delivering quick cash to sellers while ensuring data security, a key differentiator in a privacy‑sensitive market.

PayMore’s 2026 expansion strategy leverages a franchise framework that accelerates store roll‑out without heavy corporate capital expenditures. By securing leases and letters of intent for nearly half of the new locations before the year begins, the company mitigates real‑estate risk and ensures a steady pipeline of revenue‑generating sites. The average pace of eight stores per month reflects disciplined site selection—well‑lit, high‑traffic venues that support a seamless trade‑in experience without appointments or shipping. This operational agility allows PayMore to respond quickly to regional demand spikes, particularly in suburban markets where consumers value immediate, in‑person service.

Industry observers see PayMore’s growth as a bellwether for the broader refurbished sector. As major electronics manufacturers explore their own trade‑in programs, independent resellers like PayMore provide the necessary scale and consumer trust to capture market share. The company’s ambition to surpass 500 stores across North America and Europe signals confidence in sustained demand and may prompt competitors to double‑down on physical presence or invest in omnichannel capabilities. For investors, the rapid store rollout coupled with a proven processing volume of two million devices positions PayMore as a compelling play in the circular economy, where profitability and environmental stewardship increasingly intersect.