For customers, according to the company, transfers in the system of Coinstar Money Transfers on average by 10-15% cheaper than Western Union or MoneyGram. Money transfer system Coinstar Money Transfer is a fast-growing company in the market of remittances. Advantages of Coinstar Money Transfer - transfer does not take more than the one hour, which allows almost immediate money transfers. E-payment service Coinstar E-Payment, a division of Coinstar Money Transfer, entered into an agreement with the companies offering prepaid cards for Facebook and MySpace, as well as for the popular massively multiplayer online games. 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. Sale of insurance products in bank networks is possible due to the connecting of the insurance companies to the Integration processing system of Coinstar Money Transfer. On June 1, 2007 the system "Travelex Money Transfer" has been changed its name to "Coinstar Money Transfer".