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Bulk mail users back competition

Bulk mail users said yesterday they supported the postal regulator’s moves to open the postal market to competition.
Representatives of banks and publishers said introducing competition would help provide a more consistent service.

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Post offices to start internet-based banking services

The Postal Services Agency said Tuesday its postal savings division will start Internet-based banking services on March 25 on the strength of its nationwide network of post offices.
The “Yucho Internet Home Service” will enable holders of postal savings accounts to remit money, check balances at their accounts, have mailmen deliver envelopes containing cash to their homes or any address they specify and to pay for goods and services they buy via the Net.

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