Coinstar, Inc. (NASDAQ: CSTR) is an American company.
The firm's original focus was the conversion of loose change into paper currency, donations or gift cards via coin counter kiosks. Coinstar deducts a fee for conversion of coins to banknotes and charitable donations, but not for gift cards.
The company has more than 60,000 locations including a variety of services in the US, UK, Ireland, Canada, Puerto Rico and Mexico.
Coinstar aims to create ...
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Coinstar, Inc. (NASDAQ: CSTR) is an American company.
The firm's original focus was the conversion of loose change into paper currency, donations or gift cards via coin counter kiosks. Coinstar deducts a fee for conversion of coins to banknotes and charitable donations, but not for gift cards.
The company has more than 60,000 locations including a variety of services in the US, UK, Ireland, Canada, Puerto Rico and Mexico.
Coinstar aims to create a presence in the front end of stores (between the cash registers and the exit/entrance). The foremost example is their ownership of the Redbox DVD rental service.
Coinstar also produces machines that provide prepaid credit cards and cellular phone cards as well as e-payment kiosks.
The typical kiosk, painted green and the size of a large vending machine, is located at grocery stores, drug stores, larger merchants, banks or other retail locations. The coin counting service is available in the US, Puerto Rico, Canada, Ireland and the UK.
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