Coinstar Expands Services Across the US

Coinstar has nearly 24,000 kiosks worldwide and handles over 50 million transactions every year. It’s not just about counting coins anymore. Coinstar is growing its services in the US and connecting cash to digital wallets faster.

I’ve been to many stores using Coinstar’s coin machines. Recently, I noticed changes. Coinstar is adding new ways to use your coins for cash or digital spending.

There’s been a leadership shift. Brandon Thompson is now in charge as of July 30, 2025. His goal? Fast-track digital projects and offer more for those who like paying in cash. This means easier coin exchange, better kiosk and mobile app connection, and smart options for coin use.

Looking for a coin exchange nearby or curious about Coinstar’s updates? Use this coin exchange guide to explore and make your change work for you.

Key Takeaways

• Coinstar runs about 24,000 connected kiosks and processes 50 million+ transactions annually.
• The company is expanding both physical coin counting machine access and digital wallet services.
• New leadership in 2025 aims to speed digital initiatives and broaden product offerings.
• Expansion makes it easier to turn coins into cash or direct digital funds for daily use.
• DIY users will see better integration of the coin machine experience with mobile tools.

Overview of Coinstar’s Growth and Expansion

The first time I used a coin machine, it felt magical. Watching my quarters fall into the tray was a joy. Coinstar made this process simple for people wanting to use their spare change. It began with coin-counting kiosks in stores and grew to include online services.

Coinstar is like a magic box that turns coins into spending money. At its kiosks, you can get cash, digital credits, or e-gift cards just by dropping in your coins. It’s a quick and trusted service that saves a trip to the bank.

Brief history of Coinstar

Coinstar was founded to help people get rid of annoying loose change. It started by placing its machines in supermarkets. Then, it added the option to get e-gift cards and connected the kiosks to online services. This move built trust and allowed it to offer more.

Recent growth trends

Lately, Coinstar has been adding digital services to its coin machines. It launched Cinq by Coinstar, and now has 24,000 kiosks worldwide. These machines handle 50 million transactions a year, showing how the company is growing in the digital age.

New leaders at Coinstar are making the service even better. They bring experience from the prepaid and fintech world. This is good news for people and small businesses. They can now exchange coins more easily and use their money in new ways.

The Services Offered by Coinstar

Watching people pour their coins into a machine and see it turn into cash is exciting. Coinstar kiosks make it easy to turn coins into something more useful. This convenience is significant for those of us using cash regularly.

Coin Exchange Services

The main service is simple: you pour coins into a machine to get cash or a voucher. The kiosk turns your coins into cash or a store voucher quickly. When I need to avoid a small fee, I choose store vouchers instead of cash.

This flexibility is great for collectors, those who sell at garage sales, and small business owners. It helps them quickly change a lot of coins into money they can use.

E-Gift Cards and Mobile Payments

Coinstar now offers e-gift cards and mobile payments in addition to paper vouchers. Opting for e-gift cards from popular stores often cuts or drops the usual fee. I’ve found that e-gift cards are convenient for planned purchases instead of when you need cash right away.

The company is also introducing digital wallet features, like Cinq, to convert change into digital money. This service is perfect for online shopping, paying bills, or transferring money from your phone.

Additional Banking Services

Coinstar is expanding into more financial services, including digital wallets and transfer programs. Its Retail Remote Transfer system already helps millions. These services make it easier to turn coins into bank-ready or digital funds without extra bank visits.

These offerings are a boon for coin collectors and small business operators. They streamline the process of turning coins into usable funds, managing digital money, and sending funds without needing to visit a bank.

Statistics on Coinstar’s Growth

I like to track numbers because they tell stories better than just words. Coinstar shows how coin counting becomes part of our routine. These numbers show us how people start using and keep using new tech at kiosks.

Overall Market Share

Coinstar has about 24,000 kiosks all over the world. This lets them handle over 50 million transactions each year. This makes them a top company for coin counting.

Looking at the data, it’s clear why people keep using their kiosks. The chance for more people to sign up and use Coinstar is obvious. Their reliable coin machines and the option to exchange coins keep customers coming back.

Regional Expansion Data

In 2025, Coinstar is focusing on growing in the U.S. They plan to introduce the Cinq wallet here first. This means many of their 24,000 kiosks will start offering new digital services.

In cities, you’ll find a lot of Coinstar machines. In rural areas, there are fewer but they’re used a lot when available. This helps Coinstar decide where to put new machines and where to advertise their services.

User Growth Over the Years

Over time, more people have used these kiosks to quickly deal with spare change. The company sees a rise in users choosing account-based services. For example, about 15 million people have joined the Retail Remote Transfer program.

With new hires and plans for late 2025, Coinstar aims to turn casual users into digital-wallet customers. We can see this shift happening. It’s in the numbers of physical and digital transactions.

Economic Impact of Coinstar’s Services

I saw how a Coinstar kiosk turned loose change into a lunch fund. These moments matter in communities. It turns small coins into spendable cash, increasing local buys and money flow in bank-scarce areas.

Boosting Local Economies

Using coin machines means people spend their cash close by. This spending supports local stores, cafes, and markets. In cash-heavy places, changing coins into bills keeps the economy active.

Supporting Small Businesses

Stores hosting the machines get more visitors. A visitor might buy something extra or a gift card. Moving coins to digital funds opens up new spending opportunities for small shops and chains.

Employment Opportunities Created

Coin machine networks bring jobs. Retail workers maintain these kiosks. At the same time, businesses hire more for product management and partnerships. Adding digital strategy staff shows fintech and operations are growing.

Customer Experience and Satisfaction

I visit kiosks and test their apps, sharing my encounters. Coinstar turns pocket change into something more useful. The kiosk interface is easy to use, with clear prompts and simple steps for beginners.

User-Friendly Interfaces

The touchscreens on the machines guide you clearly. They tell you to deposit coins, pick how you want to get paid, and print a voucher. The mobile link by Cinq makes changing coins to e-gift cards or transfers easy with its smooth digital interface.

Accessibility in Various Locations

With nearly 24,000 places to find them, Coinstar is easy to access. If you’re in a city, it’s a short walk. In the suburbs, it’s conveniently inside stores. Even rural spots have them in small towns.

Customer Testimonials and Feedback

Customers like how fast and reliable the coin exchange is based on my visits. They don’t like the fees and sometimes waiting in line when it’s busy. Yet, many now prefer getting their money digitally, lining up with new updates and what users want.

Tools Available for Coinstar Users

I test tools to share my findings. Coinstar blends digital and physical tools, saving hours spent on sorting change. It benefits hobbyists and small vendors by easily converting coins to cash or digital funds.

Coinstar App Features

The Coinstar app and Cinq, a digital wallet, work well together. The app displays wallet balances and transactions. It also offers easy ways to get e-gift cards or bank transfers. With Cinq, paying bills and buying in stores becomes straightforward, avoiding the need for paper vouchers.

Future updates promise more retailer connections and wallet functions. Soon, users might skip paper vouchers by sending coin machine funds directly to their phones.

Online Tracking and Management Tools

Account dashboards provide detailed coin exchange histories and transaction activities. The Retail Remote Transfer program stands out for its vast user base, showing the trend towards digital transactions.

These dashboards can be filtered by date, payout type, or kiosk location. They’re handy for small stalls or managing a project’s finances with ease.

In-Store Kiosk Innovations

Coin machines in stores are key. They accept lots of coins and offer different payout methods. New kiosks work faster thanks to better sorters and user-friendly touch screens.

Retail connections are improving too. Soon, Coinstar kiosks will work better with store systems and digital wallets. This means quicker transactions for everyone.

Whenever possible, I personally check the coin counting machines. They’re great at reducing counting mistakes. For anyone collecting or selling, these machines provide valuable time savings and variety in payout options.

Predictions for Coinstar’s Future

I watch Coinstar’s moves with a mix of curiosity and practical optimism. Cash still has value for many. This makes their coin counting kiosks important, even as digital payments grow. The big question is if Coinstar can keep its coin-loving customers while growing a digital audience.

I see three main trends for this industry. First, older folks and those without banks will keep using cash. This keeps coin machines in stores in demand. Second, competition in fintech and new rules will push for faster updates to products. Third, stores will want better connections between their kiosks and mobile wallets.

Company leaders are pointing towards a technology upgrade. They plan to make coin-sorting faster to avoid lines. They also want to make kiosks more reliable online. And they aim to add more options for users, like paying bills or sending money with the coins they deposit. This could make the kiosks more than just a place to exchange coins.

Turning kiosk users into digital customers is key. If Coinstar can get even a small percentage to switch, it would boost their earnings. They have 24,000 kiosks and new products coming. A 10–20% switch could mean millions more using their digital services. That would be a big new source of income from both the coin exchange and wallet use.

But there are hurdles. Coinstar needs to work well with stores. They also have to be very secure and follow rules strictly. People exchanging coins want quick, easy service with clear fees. The digital service has to be just as good to get users to come back.

My short forecast: Coinstar will likely see more people using their digital options. This will be from making kiosk experiences better and adding wallet features. Expect to see more business each year, and a careful expansion in the U.S. before going global. Whether Coinstar can keep its coin service appealing while adding new tech will be key to getting more regular customers.

Frequently Asked Questions About Coinstar

People often ask me practical questions about bringing in a jar of coins. This FAQ talks about how Coinstar works, the fees you might pay, and how to find a kiosk. My insights come from using Coinstar kiosks in supermarkets and large stores.

How does it work?

Just drop your coins into the coin counting machine. It will count and sort them for you. Then, the kiosk gives you a voucher. You can exchange this voucher for cash at the store, choose an e-gift card, or opt for a digital transfer. Coinstar also offers ways to shift your change directly into digital accounts, like Cinq.

What fees are associated?

Cashing out usually means paying a processing fee. This fee is often a percentage of your cash voucher. Picking an e-gift card might save you the fee, especially during special promotions or at certain stores. If you transfer your money to a digital wallet, the fees can vary. Always check the kiosk’s display or Coinstar’s app before deciding.

Where can I find kiosks?

You can find Coinstar kiosks in supermarkets, large stores, and some credit unions across the U.S. There are thousands of them, so finding one near you is easy. For finding locations and understanding your payout options, try Coinstar’s locator tools or a mapping app. For more tips on using Coinstar for free, check out this guide: where to cash coins for free near.

The Role of Technology in Coinstar’s Services

When I visit a supermarket, I see how the kiosk changes. Coinstar is moving towards digital by blending machines and cloud tech. This lets me change coins into money for bills or shopping without a bank.

Digital Services Integration

The company connects kiosks to payment systems using Cinq and Retail Remote Transfer. This makes swapping coins for digital cash easy and fast. After counting, coins are turned into a digital balance for the user.

This system lets customers turn loose change into digital money quickly. Retailers deal with less cash, and customers get more ways to spend their money.

Mobile App Development

I’ve tried the Cinq wallet app. It focuses on easy setup, seeing your transactions, and moving money easily. It lets users keep an eye on their coin deposits and transfer them to banks or cards.

The app makes it easier to handle change from kiosks. Alerts and digital receipts help avoid problems. If issued, partner cards let users access their kiosk money right away.

Future Tech Innovations

New kiosks will sort coins better and work faster. They’ll connect in real-time to fix issues, update software, and confirm transactions quickly.

Future services will also improve security for transferring money from wallets to banks. Connecting with retail and fintech partners could offer more payout options.

• Hardware: better sensors, quicker coin sorting, lower downtime.
• Connectivity: secure, low-latency links between kiosks and cloud services.
• Compliance: layered identity verification for safe coin exchange and transfers.

Evidence Supporting Coinstar’s Market Position

I keep a close eye on industry data. Recent reports and articles show Coinstar’s big scale. It operates about 24,000 kiosks and does over 50 million transactions yearly. These facts highlight the vast spread of Coinstar’s coin counting service and machines.

Recent Reports and Studies

News from the payment world and press releases mention new key team members and future plans for 2025. Payments News discussed the number of kiosks and transactions. Experts say the mix of machines and account programs aims to increase digital options for changing coins into cash or digital funds.

User Growth Metrics

Public numbers reveal more than 50 million transactions a year and around 15 million users in the Retail Remote Transfer program. This program connects coin kiosks to accounts for transfers. These stats show wide use of Coinstar kiosks and their counting services.

Comparative Analysis with Competitors

Compared to banks and fintech, Coinstar’s 24,000 kiosks offer a bigger network. Few can match its hardware and digital approach. This strategy allows users to easily turn coins into cash or deposits.

The data creates a clear picture. The number of kiosks, transactions, and users shows Coinstar’s strong position. Hiring leaders with fintech backgrounds signals growth into digital services.

How to Use Coinstar Effectively

I have a jar where I save all my spare change. I see going to a Coinstar as a quick weekend task. My aim is clear: I want to turn my change into cash easily and with the best return. Here, I’ll tell you exactly how I do it, sharing useful steps and hints for when you’re ready to exchange your coins.

Step-by-Step Guide to Coin Exchange

1. First, collect all your loose change. Make sure you remove anything that’s not a coin, like paper clips or rubber bands.

2. Then, find your nearest Coinstar kiosk. You can use the Coinstar website or their app to locate one.

3. At the kiosk, you’ll see on-screen instructions. Here, you can choose how you want your money: as cash, an e-gift card, or a direct wallet transfer.

4. Put your coins in the machine. Wait a little while it sorts and counts them. The machine inside is doing all the hard work.

5. Finally, you’ll get a voucher that you can exchange for cash at the store’s service desk. Or, if you chose, confirm the transfer to your digital account or wallet.

Tips for Maximizing Earnings

Choosing e-gift cards during special Coinstar promotions can save you money on fees. These deals are great for when you’re cashing in small amounts.

Try to exchange all your coins in one go. This way, you’ll pay less in fees. It also saves time and effort.

Always check for special deals. Sometimes, you can find promotions or app exclusives that waive fees. The Coinstar app lists the latest offers.

If you have a ton of coins, think about rolling them or going to a local bank first. Rolled coins can be cheaper to exchange than paying fees at Coinstar each time.

Important Considerations Before Use

Remember, different payout options have different fees. Usually, cash vouchers have higher fees compared to e-gift cards or direct transfers.

Always check if the Coinstar kiosk is working and what payout options are available before heading out. Not all locations offer wallet transfers yet.

Keep your receipts and check your digital confirmations carefully. It’s rare, but errors can happen. It’s always good to double-check.

Only use the official Coinstar app and trusted kiosks. This keeps you safe from scams. Keep an eye on your account after any digital transfers.

From my experience, you might run into a jam or a queue at times. However, the ease and reliability of these machines often outweigh these minor inconveniences. For me, being able to quickly turn my coins into cash without much trouble is always worth it.

Conclusion and Final Thoughts

I’ve watched Coinstar evolve from a simple coin machine to a complex financial platform. They have around 24,000 kiosks worldwide and handle over 50 million transactions a year. The addition of Brandon Thompson in July 2025 is setting the stage for new digital products like the Cinq wallet. This move is changing the way we turn coins into cash or digital funds.

Summary of Key Points

Coinstar has grown beyond being just a coin counting service. It offers reliable coin exchange at thousands of places. Now, it provides mobile payout options and more e-gift card choices. So, you can change loose coins into something useful—like cash, gift credit, or digital funds—depending on current promotions.

The Future of Coinstar in the Digital Age

Coinstar is mixing physical kiosks with mobile wallets next. We will see tighter connections between coin machines and digital payments. There will be more versatile ways to exchange coins and innovative financial products. This lets users easily turn their coins into digital currency for daily expenses. Coinstar’s large scale uniquely positions it to connect traditional cash users with modern fintech.

Call to Action for New Users

If you have change piling up, explore what Coinstar offers. Find a kiosk using the Coinstar locator, check out the fees, and keep an eye on e-gift card deals. When digital wallets like Cinq become available, see how they fit into your life. For those who like trying out new tools, this could be a rewarding venture.

From my own experience, I’ve noticed how quietly efficient these kiosks are in supermarkets. With Coinstar’s dive into the fintech space, including Cinq, it’s clear they’re building a bridge from coins to digital wallets. So, take your change, run the math, and choose what’s best for you financially.