Consumer Payment Card News

Fed Postal Card

NationsBank and the U.S. Postal Service kicked off a national pilot yesterday of the ‘Federal Postage Payment Card’. The card, to be used exclusively by federal agencies, offers a pre-assigned credit limit and is restricted to postal purchases. Eligible purchases include meter resettings, business reply mail, permit imprints, ‘Express Mail’, money orders, traveler’s checks, COD’s, and passport fees. Initially twenty government agencies are participating. NationsBank has established a dedicated unit for the program, NationsBank USPS Card Services group, providing round-the-clock customer support.

FULL STORY:

A new program designed to improve the ability of federal agencies to do business with the U.S. Postal Service will kickoff at 10:30 a.m., on Wednesday, March 26, at the Bryan Post Office, 2121 East William Joel Bryan Pkwy.

Dubbed the “Federal Postage Payment Card,” the program is a cooperative venture between the U.S. Postal Service and NationsBank designed to offer government agencies a more convenient way to manage their postal purchases. Department of Agriculture officials will join with Derrick Barnette, Program Manager, Payment Technologies, USPS, to complete the first official transaction using the system.

The Federal Postal Payment Card works much like a standard credit card, allowing authorized federal government employees to use it at all Retail Units and selected Business Mail Entry Units. Approval of transactions is limited to postal purchases, and credit limits are pre-assigned. The cards can be used for Permit Imprints, Business Reply Mail, Periodicals, and Express Mail, as well as Meter Resettings and all other postal products and services except Money Orders, Traveler’s Checks, COD’s, and Passport Fees.

The Federal Postal Payment Card service is provided through a dedicated NationsBank USPS Card Services group available toll free 24 hours a day, every day of the year. Initially, 20 government agencies will participate in the pilot study of the new program, allowing the Postal Service to test the viability of the service nationally to all federal agencies.

Leave A Reply