Information About

Coinstar




The fee, deducted as coins are processed through the coin counter, is 8.9 cents on the dollar ( USD , 2005). A new service that is currently being introduced in the U.S. , allows users to put their coins onto a Gift Card from merchants such as Starbucks , Amazon.com , Borders , Pier 1 , Hollywood Video , ITunes , and Linens N Things without the usual fee.

Coins do not need to be separated by denomination prior to placing them in the machine. When the Coinstar Center finishes counting coins it issues a Scrip , termed a Voucher , which the place of business providing the coin counting service will then redeem at face value for hard currency. The same mode of operation and redemption is provided on those Coinstar machines situated in Great Britain , Canada , and Puerto Rico .

If the user chooses the fee-free option, the machine issues a plastic gift card or, in the case of online merchants like Amazon.com , a voucher with a redemption code. The user also has the option to donate their change to a selected charity without any processing fee.

In addition to the coin exchange service, Coinstar owns and operates amusements such as Crane Games , Arcade Game and "kiddie rides." The company also produces machines that provide prepaid Credit Cards and Cellular Phones as well as e-payment kiosks.


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