While Rixty employs Coinstar machines, the new PayNearMe service uses 7-Eleven stores. TechCrunch founder, Michael Arrington, reports:
One FB Credit costs $0.10 USD each. PayNearMe is offering a 10% bonus for users. This tacky, one minute, how-to video also claims that users who are first to use the service can get a 50 or 100 FB Credits bonus -- that's essentially free $5 or $10 USD. While it sounds great, given the history of Kwedit, and PayNearMe's hideously ugly site design (see image below), there are reasons to remain skeptical.Here's how it works. You sign into PayNearMe using Facebook Connect. You set the number of credits you want to purchase and print out the final page (see image). Take that into a 7-11 and they scan it and you pay. Once you pay the credits are transferred to your account. In the future, the company says they'll have a mobile application and the clerk can just scan your phone.
Update: Inside Facebook says "the system is currently broken for those using Firefox, looping users back to the credits.paynearme.com landing page when they enter their zip code to find participating 7-11 stores."