Coinstar to Offer Money Network Pay Card Through Coinstar Kiosks

The Money Network Pay Card offers underbanked consumers diverse financial management tools including an instant issue prepaid debit card, a check-writing product, a source for payroll direct deposit and a way to pay for money transfers from the United States to Mexico and Latin America. To obtain the Money Network Pay Card at Coinstar kiosks, consumers select and load funds onto a STAR branded Pay Card which is activated and instantly available for use at more than 2 million PIN-secured debit retail locations and ATM machines coast to coast. The single-load STAR card can be upgraded to a reloadable personalized VISA branded prepaid card by calling Money Network. In addition, the Money Network Pay Card products include features that provide ACH bank transfers, as well as convenient paper Money Network Checks. The Money Network Checks offer a unique option that permits cardholders to withdraw up to 100 percent of their pay to the exact penny without any fees. The Money Network Pay Card will be distributed through Coinstars coin-counting and financial services kiosks, beginning with installations in select Albertsons grocery stores. Expanded availability is expected to occur in the second half of 2007 through additional Coinstar kiosks and in-lane gift card malls nationwide at convenience stores, drug stores, financial institutions and retail locations.