Low-cost technologies have allowed Coinstar Money Transfer to lower the cost of transfers. The company BSS together with the Company Coinstar Eurasia announced the establishment of a joint venture BSS Global. Coinstar Money Transfer System works via the Internet, as opposed to Western Union and MoneyGram, which for the money transfers information are using their own internal networks. Today "Coinstar Money Transfer" is recognized as the third system of remittances in the world in terms of network of agents and the number of participating countries. Coinstar Eurasia company has created a revolutionary technology to expand sales channels for participants in the insurance business.