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. 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. To send /receive money individuals are able at all offices of Coinstar Money Transfer worldwide. 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. Until June 1, 2007 the system of "Coinstar Money Transfer" was called "Travelex Money Transfer". On June 1, 2007 the system "Travelex Money Transfer" has been changed its name to "Coinstar Money Transfer".