Coinstar Expands PayPal Kiosk Rollout

What's Next In Payments®
4:28 PM EDT February 27th, 2013

Starting this month in Texas, Northern California and Ohio, consumers will be able to conveniently and securely add coins and paper currency into or withdraw funds from their PayPal accounts, as well as send money to another PayPal account at select Coinstar kiosks, PayPal has announced, adding that the rollout will continue at select kiosks throughout the year.

“During the initial test of the new service in Dallas we saw quick adoption and interest from consumers. Test results revealed that 40 percent of users who used the PayPal feature went back to use PayPal on a Coinstar kiosk an average of two times a month,” the company said in their blog.

In December we reported that the company was potentially testing the kiosks in NYC — which never happened — and provided a demo.

Read the full story.

Topics:
Comments
Also by This Author
What's Hot
B2B Payments
Global Trade Entity Nets Coveted Trade Finance Certification
B2B Payments
British Utility Firm Excited For New, Streamlined Payments Systems
B2B Payments
Food Company Chooses Tungsten For Better Payment Processing
B2B Payments
New Cross-Border Payment System Hits Thailand And Hong Kong
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
B2B Payments
Global Trade Entity Nets Coveted Trade Finance Certification
B2B Payments
British Utility Firm Excited For New, Streamlined Payments Systems
B2B Payments
Food Company Chooses Tungsten For Better Payment Processing
B2B Payments
New Cross-Border Payment System Hits Thailand And Hong Kong
View All Articles ››