Lithic, a leading card issuing and processing platform, announced that it has been chosen by Coinstar to power the new CINQ by Coinstar Debit Card an innovative general-purpose reloadable card designed to help cash-preferred consumers access digital financial services. The debit card, issued by Lead Bank, works seamlessly with the CINQ by Coinstar digital wallet and allows users to turn their physical cash into spendable digital funds through Coinstar’s nationwide network of more than 10,000 kiosks.
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For consumers who rely heavily on cash, managing money in a digital-first world can be challenging. The CINQ by Coinstar Debit Card aims to bridge that gap. Using a Coinstar kiosk, users can convert loose change or cash into digital funds within minutes. Thanks to Lithic’s infrastructure, the deposited amount is recognized almost instantly, enabling customers to start spending immediately with virtual card credentials before their physical card arrives.
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Lithic provides the full backend needed to make this experience frictionless—from account creation and KYC verification to issuing virtual and physical cards, managing balances, and processing transactions. Users will also have access to core GPR features such as ATM withdrawals, direct deposits, and everyday purchases. Coinstar emphasized that Lithic’s collaborative approach and technical strength made it possible to bring the product to market rapidly while preparing for future enhancements like early direct deposit and ACH bill pay.
Bo Jiang, CEO of Lithic, said the partnership aligns with the company’s mission to support meaningful financial products that expand access to modern money management. He noted that helping Coinstar blend physical and digital currency is an important step toward easing financial barriers for cash-reliant consumers.
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Coinstar’s leadership echoed this sentiment, highlighting that the collaboration is central to its broader effort to build a financial inclusion platform. By integrating more on-kiosk capabilities into the digital wallet experience, Coinstar is creating a more flexible and accessible financial ecosystem. The CINQ by Coinstar™ Debit Card is now available across the U.S. through Coinstar kiosks and the accompanying digital wallet.
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