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BENTONVILLE, Ark., Sept. 10 () -- U.S. retail giant Walmart said it has plans to offer trade-in store credit for used smartphones, including up to $300 for an iPhone5 in good condition.Walmart said it would give $175 in credit for a Samsung Galaxy SIII. Starting Sept. 21, when the new policy takes affect,[url=http://www.tymarc.com/]christian louboutin outlet[/url], it will pay $52 for a used Samsung Galaxy S2, The Wall Street Journal reported Tuesday.Clearly, companies have concluded there is a profit to be made from used smartphones. In August, Apple Inc announced it would offer up to $280 for used iPhones."More and more, customers are choosing where they purchase new smartphones based on where they'll get the best value for their trade-ins," said Walmart executive vice president of general merchandise Steve Bratspies.Walmart noted that the trade-ins, which are often shipped to emerging markets, can be viewed as an environmental gesture,[url=http://www.arch-eyes.com/]Christian Louboutin Discount[/url], as it would prevent many phones from ending up in the local dump.The new market has also created a refurbishing smartphones industry. One company, Gazelle, is paying up to $350 for an iPhone in mint condition, the Journal said.