Proposed USPS Mailing Rates Bring New Opportunities for Businesses in 2019
October 15 2018 - 9:00AM
Business Wire
Pricing Incentives Encourage Businesses to
Meter Mail
Pitney Bowes Inc. (NYSE:PBI), a global technology company that
provides commerce solutions in the areas of ecommerce, shipping,
mailing, and data, today noted that pricing incentives included in
the new rate schedule proposed by the U.S. Postal Service (USPS)
will encourage U.S. businesses to meter mail to lower their costs
and optimize their mission-critical sending operations.
The USPS announced that the price of a first class stamp will
increase from $.50 to $.55; however, businesses that apply postage
using a postage meter instead of stamps will now save $.05 on every
First-Class Mail letter they send.
In announcing the increase in the discount from $.03 to $.05 per
piece, the Postal Service noted that, “Meter-based payment is more
efficient than stamp-based payment – it eliminates the need for
stamp production, distribution, and cancellation – and fosters more
consistent use of the postal system, slowing the migration of mail
volume to electronic channels. Small business volume in particular
should be protected by this decision.”
Using a postage meter will save $.05 cents per piece, lowering
the cost of your mail to $.50. A small business that sends 1000
pieces of mail per month can easily save $600 in postage per year
simply by using a meter. This metered mail savings also applies to
PC Postage®, Permit Imprints and Pre-Cancelled stamps and is on top
of the many other benefits of metered mail, including convenience,
accuracy, cost accounting, security, and payment options.
Subject to regulatory approvals, the proposed price adjustments
will take effect January 27, 2019.
“Businesses are continually challenged to better manage their
sending operations,” said Jason Dies, executive vice president and
president, SMB Solutions at Pitney Bowes. “Leveraging metering
technology to process mail is a no-brainer. With the $.05 discount
businesses will be able to lower their overall mailing costs and do
more with each mail piece.”
Pitney Bowes is committed to helping businesses of all sizes
simplify their sending operations and thrive in the connected and
borderless world of commerce. For more information on the latest
rate changes and to learn how to take advantage of metered mail,
visit www.pitneybowes.com.
About Pitney BowesPitney Bowes (NYSE:PBI) is a global
technology company providing commerce solutions that power billions
of transactions. Clients around the world, including 90 percent of
the Fortune 500, rely on the accuracy and precision delivered by
Pitney Bowes solutions, analytics, and APIs in the areas of
ecommerce fulfillment, shipping and returns; cross-border
ecommerce; presort services; office mailing and shipping; location
data; and software. For nearly 100 years Pitney Bowes has been
innovating and delivering technologies that remove the complexity
of getting commerce transactions precisely right. For additional
information visit Pitney Bowes, the Craftsmen of Commerce,
at www.pitneybowes.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20181015005510/en/
John SpadaforaPitney Bowes
Inc.518-708-3466john.spadafora@pb.com
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