Main trends of the French market
Main trends of the French market
Read MoreTag: Europe
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.
Read MoreBanCorreos increases number of clients by 17%
BanCorreos, the financial branch of Correos closed the first year of operations with an increase of 17% in its number of clients.
BanCorreos launched new products and services tailored to the needs of its customers. BanCorreos have access to the 2.100 multiservices post offices of Correos. The new products are Postal Account (“Cuenta Postal”), Yellow Account (“Cuenta amarilla”), Immigrate account (“Libreta Futuro para inmigrantes”) and other products for loans and mortgages.
The new promotional product of BanCorreos is the Anniversary Deposit, which includes receiving a DVD for free if the clients decide to deposit EUR 2.000 for a year.
Correos and Deutche Bank have the operational strategic agreement since April 2006.
Read MoreRoyal Mail urged to split postal business
Royal Mail, which is rapidly losing contracts for handling mail since the market was opened to competition, should follow BT’s example by splitting its postal operation into two independent businesses, according to a former chief executive.
In an interview with the Financial Times, Bill Cockburn said that while competitors were collecting and sorting an increasing share of business mail, they continued to rely on Royal Mail to deliver more than 98 per cent of it to homes and workplaces across the UK.
“The delivery force has a fantastic reputation and is trusted by its customers,” he said. “Royal Mail has a strategic opportunity to develop this part of the business and use the spare capacity it undoubtedly has.”
Mr Cockburn, who joined the then Post Office in 1961 and rose to become its chief executive in 1992, stood down in 1995 and was managing director of BT’s UK operations between 1997 and 2001. He is now deputy chairman of Business Post, whose UK Mail division handles more than 5 per cent of Britain’s mail.
He said Royal Mail, which faces the threat of strikes over pay and modernisation, had been too defensive since it lost its monopoly. It needed to learn from the privatised utilities how to take advantage of a competitive market.
BT was split into a retail operation, which sold services to customers, and a wholesale business – Openreach – that runs the local networks used by all telephone companies.
“The wholesale side has burgeoned into a huge business that makes a big contribution to profit,” Mr Cockburn said. “It made a lot of sense to open it to competitors.”
But the state-owned operator needed to become more like BT, where the two arms were wholly independent.
Read MoreTrans-o-flex reinforces European network in Slovakia
Trans-o-flex, the express delivery specialist and leading combi-freight player in Europe, is further reinforcing its European network EURODIS: the Slovakian company In Time s.r.o. became a EURODIS partner at the beginning of this month, picking up and delivering packages and pallets for trans-o-flex in Slovakia.
In Time Logistics, founded in 1990 and headquartered in the Slovakian capital Bratislava, delivered about 3,400,000 shipments in 2006. EURODIS, a partner network created by trans-o-flex, has existed since 1993 and assures industry-tailored logistics services with uniform quality standards in 21 European countries
Trans-o-flex, based in Weinheim, South-West Germany, is a logistics group active throughout Europe. In Germany, via its express delivery service, it offers a full-coverage network for efficient and safe transport of parcels and pallets (“combi-freight”). Apart from its nationwide 24-hour deliveries with numerous Express and added-value options such as hazardous material transport, trans-o-flex has developed the EURODIS network which provides delivery services in European countries, making trans-o-flex one of the leading combi-freight service providers in Europe.
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