@coinstar.com
Coinstar® kiosks turn the coins you toss in a jar into something you really want - like cash, a NO FEE eGift Card, or a charity donation.
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Coinstar is an American company specializing in automated retail solutions, primarily known for its self-service coin-counting kiosks. Founded in 1991, Coinstar has grown into a global leader in self-service coin redemption, with its headquarters located in Bellevue, Washington, in the United States. The main product and service offered by Coinstar is its coin-counting kiosk, which allows users to convert loose change into cash, e-gift cards, or donate to charities.
These kiosks are widely available in grocery stores, banks, and other retail locations across the United States, providing a convenient and hassle-free way for people to free up their spare change and put it to good use. On a global scale, Coinstar operates in several countries, including Canada, the United Kingdom, Germany, and Ireland. The company has established partnerships with various retailers and financial institutions in these markets to expand its reach and enhance its services.
In addition to its coin-counting kiosks, Coinstar also offers other self-service solutions, such as DVD and game rentals, money transfer services, and digital download services. In terms of market position, Coinstar holds a significant share of the global market for self-service coin redemption. The company faces competition from other players in the industry, such as Financial Institution Partners and CoinX, but maintains a strong presence due to its extensive network of kiosks and trusted brand reputation.
Throughout its history, Coinstar has achieved several notable milestones and partnerships. In 2003, the company expanded its services to include DVD rentals through a partnership with McDonald's. In 2013, Coinstar rebranded its coin-counting kiosk business as Coinstar Exchange, offering customers the option to receive their funds in the form of e-gift cards instead of cash.
These strategic moves have contributed to Coinstar's growth and success in the market. Currently, Coinstar continues to innovate and expand its offerings. The company is actively exploring new partnerships and business opportunities to further enhance its self-service solutions.
Coinstar's latest updates involve the launch of contactless payment options at its kiosks, allowing customers to use debit and credit cards for transactions. In conclusion, Coinstar is a leading provider of self-service retail solutions with its coin-counting kiosks being its flagship product. With a global presence, strategic partnerships, and a strong market position, Coinstar continues to evolve and adapt to meet the needs of its customers
Company Type
Privately Held
Company Size
201-500
Year Founded
1991
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