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
Mobile Commerce
MasterCard CEO: MasterPass Starts Where Apple Pay Stops
News
Credit Unions, Retail Groups Finger-Pointing On Payment Security
Merchant Innovation
Q3 Results Highlight Groupon’s Growing Pains
International
Alibaba Protects Its 11/11 “Singles Day” Turf
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
Apple Pay Tracker
USA Today Compares MCX To The Three Stooges. Unfavorably
Apple Pay Tracker
Apple Pay Faceoff
International
Korean Tech Companies Shifting B2C Focus to B2B Market
Mobile Commerce
MasterCard CEO: MasterPass Starts Where Apple Pay Stops
View All Articles ››