Stripes Picks Up Coinstar Pay As You Go Solutions

Full range of prepaid products, services available in more than 500 c-stores
CORPUS CHRISTI, Texas -- Stripes LLC, the convenience store chain operated by Susser Holdings Corp., now carries Coinstar's full range of Pay As You Go products and services at more than 500 locations in Texas, Oklahoma and New Mexico, said Coinstar E-Payment Services, a subsidiary of Coinstar Inc., Bellevue, Wash.

Coinstar's complete Pay As You Go solution features national and regional prepaid wireless programs, long-distance cards, gift cards, digital entertainment and one of the industry's largest portfolios of financial services including reloadable and one-time use [image-nocss] Visa and MasterCard branded debit cards. The Pay As You Go product suite offered at Stripes includes a customized mix of prepaid wireless, long distance and financial services.

"Coinstar partners with retailers to determine the optimal product and merchandising mix to match shopper demographics and behaviors," said Mike Skinner, general manager of Coinstar E-Payment Services. "After analyzing Stripes' shopper demographics, we adjusted our product offerings to feature a larger selection of financial services, includingfor the first time in its storesreloadable prepaid MasterCard and Visa debit cards and will be further expanding the product offering over the coming months."

With a full range of customizable technology platforms, Coinstar removes the challenges traditionally faced by retailers offering prepaid products. Retailers can benefit from seamless solutions such as terminals, kiosks and integrated host-to-host options designed to grow with retailers as their operations and business expands.

"We are delighted to partner with Coinstar to bring its 4th Wall category management program, including the Pay As You Go solution, to our customers who are looking for convenient services and one-stop shopping," said Kevin Mahany, vice president of retail merchandising of Stripes. "Additionally, with Coinstar's turnkey service and partnership, we can better manage the day-to-day business of our prepaid product line."

Coinstar is a multi-national company offering a range of 4th Wall solutions for the retailers' front of store consisting of self-service coin counting, DVD rental, money transfer, electronic payment solutions, and entertainment services. The company's products and services can be found at more than 90,000 points of presence including supermarkets, drug stores, mass merchants, financial institutions, convenience stores, restaurants and money transfer agent locations.

Corpus Christi, Texas-based Susser operating c-stores under the Stripes and Town & Country brands, as well as the Laredo Taco Co., a proprietary chain of restaurants located in more than 184 of the company's stores.


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