Dive Summary:
- Coinstar has announced that it will rollout PayPal functionality at several of its kiosks across the country; the move has already started in Texas, California and Ohio.
- The new feature will allow account holders to withdraw or send money using their PayPal accounts right on the Coinstar machine; currently, very few Coinstar machines have this capability.
- According to a demo, 40% of people who used PayPal at Coinstar at least once went back to use it an average of twice a month.
From the article:
At this point, it doesn't look like the functionality is widely available, however. Users can search Coinstar's website to see if a PayPal-equipped kiosk is available in their area. A quick search for a few ZIP codes in New York City turned up no available kiosks. Users can sign up to get an alert when the functionality comes to a kiosk in their area. ...