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New Jersey’s Manasquan Bank has coin machines at many, if not all, branches. Bank clients can bring their coins in for free. Non-clients pay a 15% redemption fee.
Coinstar, LLC (formerly Outerwall, Inc.) is an American company operating coin-cashing machines.. Coinstar's focus is the conversion of loose change into paper currency, donations, and gift cards via coin counter kiosks which deduct a fee for conversion of coins to banknotes; it processes $2.7 billion worth of coins annually as of 2019. [2]
A coin dispenser. A coin dispenser (or coin changer or money changer) is a device that changes or dispenses coins. [1] It can take various forms. One type is a portable coin dispenser, invented by Jacques L. Galef, often worn on a belt, used by conductors and other professions for manual fare collection.
Before the advent of coinless slot machines, casinos would sometimes have change machines that would accept paper currency and return coins or tokens that could be used in the machines. A similar arrangement has often been found at video arcades. In some cases, a machine may subtract a small amount (e.g. 5 cents) as a surcharge for the transaction.
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A currency-counting machine is a machine that counts money—either stacks of banknotes or loose collections of coins. Counters may be purely mechanical or use electronic components. The machines typically provide a total count of all money, or count off specific batch sizes for wrapping and storage.
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