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Auctionbytes-NewsFlash, Number 158 - September 09, 2001 - ISSN 1539-5065      Previous Story |

USPS Enhances eBillPay & Priority Mail Services
By Ina Steiner
AuctionBytes.com
September 09, 2001
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The U.S. Postal Service announced unique enhancements to USPS eBillPay, a service that allows customers to view and pay their bills online. The Postal Service launched USPS eBillPay in April 2000, after signing a long-term strategic alliance with CheckFree Corp. In addition to moving money electronically, the USPS eBillPay service allows payments to be made to businesses not yet equipped to receive electronic payments by issuing paper checks sent via First-Class Mail.

"Pay@Delivery" is similar to its existing Collect-On-Delivery (COD) service and combines e-payments with Priority Mail and Delivery Confirmation services. For example, sellers of merchandise at online auctions can, for example, print out the buyer's address label with Delivery Confirmation barcodes from their personal computer and drop off the package at any of over 38,000 post offices. Buyers of merchandise at online auctions can send their money to the seller online and have the money released electronically when the mail carrier delivers the package and scans the Delivery Confirmation barcodes. Sellers can place the Pay@Delivery logo and link on their web site to offer this convenient and secure payment and delivery option to their customers.

"Send Money" is similar to a Postal Money Order, but enables anyone to send money to anyone else using the Internet. This person-to-person payment addition will allow customers to send money securely to anyone with a checking-enabled account and an email address. The payment plans include two by subscription, in which new users receive three free months of service, and one non-subscription plan. The pricing is as follows:
-- Subscription Plan -- $6.95 per month for up to 20 payments, and 50-cents for each additional payment transaction;
-- Subscription Plan -- $1.50 per month, plus 65-cents for each payment transaction;
-- Non-Subscription Plan -- $1.00 per payment transaction.
http://www.usps.com/paymentservices/welcome.htm


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