Coinstar Expands PayPal Kiosk Rollout

By PYMNTS | February 27, 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.