PayPal and Coinstar Team Up – Great News for Sellers!

Most of us have a change jar lying around the house somewhere. Do you have a jar, counter or drawer where you keep your change? Have you ever used a Coinstar machine? If not you’ve probably seen one, because Coinstar machines are located in stores everywhere. For the most part, they are located in large retail stores such as Walmart as well as most grocery stores.

Now, you can take your spare change to one of the many stores that has a Coinstar machine and add the money directly into your PayPal account.

   

To take advantage of the program, you have to enroll via the PayPal site; by clicking the “get started” button here. The PayPal site states that you can also withdraw your PayPal cash via a Coinstar machine.

You can use the machine to send the money to another PayPal user, and the best part? Your customers can also use the Coinstar machine to send money to you. I believe PayPal may be onto something great here. The future of online purchases with cash is officially here! No more having to wait for Western Union MoneyGram or online credit card payments. If your customers don’t have PayPal, just send them over to the good old Coinstar machine. They can head to the Coinstar website to find one of millions of locations statewide. Way to go PayPal. I look forward to seeing what’s next!

This guest post was contributed by Kat Simpson. Kat is a trusted eCommerce author, speaker, educator, and entrepreneur. Kat Simpson has been a successful eCommerce merchant for over 10 years; is an eBay Education Specialist and Gold Level PowerSeller, as well as a successful Amazon merchant. Currently Kat is the hosts the popular weekly eCommerce Podcast That Kat Radio and an active Facebook Group ThatKat.


 

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