UK Post Office offers alternative to issuing cheques
Post Office payout™ allows companies to distribute promotional incentives, refunds and cash payments at a fraction of the cost of issuing cheques. Using the latest barcode technology, companies simply send a reference code by text, email or post which customers take to any of the UK’s 14,000 Post Office™ branches to receive an instant cash payment.
The Post Office payout™ solution can be tailored to meet the needs of individual businesses, with identity verification available to provide increased security for higher value transactions. An optional data capture service is also available to allow you to gather valuable market intelligence about customers’ preferences and purchasing habits.
Not only does Post Office payout™ make it quicker and easier for customers to receive payments, it also removes barriers for businesses making payments to people who do not have a bank account. The service also offers the option to send payments using postal orders so your customers can pay it into their bank account.
For further information, call us on 0845 6070799*.
*Calls may be monitored and recorded for training purposes. Call costs may vary depending upon your service provider.
