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. Low-cost technologies have allowed Coinstar Money Transfer to lower the cost of transfers. 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. Coinstar Money Transfer made not only the proposal to expand the network through sales at bank branches, but also demonstrated the ready front-office solutions for the operating staff of banks. 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. Number of countries and service pointsof Coinstar Money Transfer is constantly increasing. The system "Coinstar Money Transfer" allows to transfer money in U.S. dollars and Euro in most countries of the world. Until June 1, 2007 the system of "Coinstar Money Transfer" was called "Travelex Money Transfer". The benefits of remittances Coinstar Money Transfer: in case of return of the transfer, the commission is not returned to the sender. Coinstar Eurasia company has created a revolutionary technology to expand sales channels for participants in the insurance business.
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. Coinstar Money Transfer made not only the proposal to expand the network through sales at bank branches, but also demonstrated the ready front-office solutions for the operating staff of banks. Low-cost technologies have allowed Coinstar Money Transfer to lower the cost of transfers.