Amazon Wants Your Loose Change

Consumers will be able to convert their pocket change to certificates at coin-exchange machines run by Coinstar at supermarkets and drugstores. on Tuesday said Coinstar Inc., best known for coin-counting machines found in many supermarkets and drug stores, has agreed to let customers exchange their loose change for certificates redeemable at the online retailer.

Under the deal, customers can insert their coins into a Coinstar machine and receive a receipt with a redemption code that can be used to make purchases on Seattle-based With standard coin to bills transactions, Coinstar charges a processing fee. There is no fee to the consumer, however, for the certificate.

Locations for the Coinstar machines are listed on the company's Web site.

"We're always working to make buying on more convenient for customers," Toni Reid, director of business development, for, said in a statement.

U.S. households have $10.5 billion in spare change sitting at home, according to Bellevue, Wash.-based, Coinstar, which has more than 44,000 retail locations.

Editor's Choice
Brandon Taylor, Digital Editorial Program Manager
Jessica Davis, Senior Editor
Cynthia Harvey, Freelance Journalist, InformationWeek
Terry White, Associate Chief Analyst, Omdia
John Abel, Technical Director, Google Cloud
Richard Pallardy, Freelance Writer
Cynthia Harvey, Freelance Journalist, InformationWeek
Pam Baker, Contributing Writer