UPU Universal Postal Union: Posts ready to exploit demand for financial services
To capture the potential for growing the market for postal financial services, Posts must be open, forward-looking and innovative. “While postal financial services have been around for more than a century, they can still provide a large revenue stream for Posts,” said UPU Director General Bishar A. Hussein at a recent UPU forum organized prior to the Postal Operations Council in April.
He called on public postal operators to boost their bottom line through a business area that also brings many social benefits. “Postal financial services can facilitate national economic growth and financial inclusion, as well alleviate poverty and provide a lifeline to many migrants,” he said.
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