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Coinstar kiosks bring coin recycling to Quebec
September 25, 2007
MONTREAL — The Royal Canadian Mint and Coinstar Inc. have announced the deployment of Coinstar Center kiosks in Quebec.
New to the province, Coinstar has deployed about 90 kiosks at participating Metro and Super C grocery store, bringing the total number of Coinstar kiosks in Canada to more than 300. Cost to use the service is 9.8 percent of the total value of the coins.
"Recycling coins is a cost-effective and efficient way to provide coins to the marketplace," said Ian E. Bennett, president and CEO of the Royal Canadian Mint. "The Mint, along with Coinstar, is making it possible for Canadians to recycle their spare change and turn it into cash—fast."
"Coinstar pioneered self-service coin counting in the early 1990s in the United States, and now we're very pleased to bring the Coinstar service to Canada and to the residents of Quebec," said Alex Camara, senior vice president and general manager of Worldwide Coin at Coinstar Inc.
"In cooperation with the Royal Canadian Mint, we can not only help recycle the vast number of coins out of circulation, but help consumers easily turn their coins into cash without the hassle of sorting, wrapping and rolling," he said.
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