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. 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".