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 is similar to Western Union - and compares favorably by more advantageous prices and ease of processing of the transfer. Until June 1, 2007 the system of "Coinstar Money Transfer" was called "Travelex Money Transfer".