USPS Enhances Electronic Money-Transfer Services

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USPS Enhances Electronic Money-Transfer Services

DIRECT Newsline, Sep 5 2001

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The United States Postal Service has enhanced its eBillPay and Priority Mail electronic financial transactions.

The improvements link Priority Mail, Delivery Confirmation and the electronic movement of money with the financial services industry.

The USPS eBillPay enables customers to view and pay their bills online.

Pay@Delivery allows people to receive payment for products purchased online when they receive a package. The money is released electronically when the mail carrier delivers the package and scans the Delivery Confirmation barcodes. Marketers can link to this service on their Web sites.

The Send Money service lets people sent money person-to-person over the Internet. The recipient must have a checking-enabling account and an e-mail address.

Every payment transaction processed through USPS eBillPay, Pay@Delivery, and Send Money will be postmarked - when they are created and sent, when they are changed and when they are canceled with the USPS Electronic Postmark.

© 2009, Primedia Business Magazines and Media, a PRIMEDIA company. All rights reserved. This article is protected by United States copyright and other intellectual property laws and may not be reproduced, rewritten, distributed, redisseminated, transmitted, displayed, published or broadcast, directly or indirectly, in any medium without the prior written permission of PRIMEDIA Business Corp.

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