Is the USPS courier model irrelevant?

By Freddie Pierce
Exactly how relevant is the U.S. Post Office to the business world when it comes to payments? Not very, according to business users whov...

Exactly how relevant is the U.S. Post Office to the business world when it comes to payments? Not very, according to business users who’ve flocked to the company’s vCheck solution, enabling ready-to-print checks processed via the Web and rendering the phrase, “check is in the mail” as irrelevant.

Bypassing the traditional U.S. Postal Service, vCheck allows a payee to enter their check information securely online, instantly creating a ready-to-print PDF version of the check for the recipient business. Since it began offering vCheck to business customers earlier this year, Servistree says the technology is the fastest-growing solution demanded by customers in a variety of B2B or B2C businesses.


Servistree, an innovator and leader in the payment acceptance industry, believes the technology will be its largest-selling service entering 2012.

“Businesses today, both large and small, can run their entire payment processing operations without the need of the U.S. Postal Service,” Adam Weizer, president of Servistree said. “There are a lot of similarities to online banking, but vCheck still allows for a printable check which is important for records keeping and other accounting functions.”

Business inquiries into Servistree for vCheck have been growing especially in areas where local U.S. Postal Service branches have been rumored to be closing. The U.S. Postal Service has been talking about shutting down its Saturday delivery, which could negatively impact businesses that rely on Saturdays for check payments.


USPS could default on life raft loans this month

Can Apple’s supply chain handle the iPhone 4S release?

October’s issue of Supply Chain Digital has gone live!

Businesses in turn have been seeking newer ways to receive a consistent and reliable source for payments. Rep. Darrell Issa. R-Calif. and the chairman of the House Oversight Committee said recently that mail volume has dropped 20 percent during the last five years because of new technology.

There are no transactions or processing fees when businesses deposit checks through the vCheck technology. “The economy is still in a state of extreme sluggishness and it’s important for every business to get paid on time, without delays from any possible Postal Service disruptions or canceled daily deliveries,” added Weizer.

Click here to download Supply Chain Digital’s iPad app!

Edited by Kevin Scarpati


Featured Articles

Managing risk 'crucial' - Gartner Supply Chain Symposium

CSCOs hoping to navigate supply chain disruption must understand their organisation's appetite for risk, say analysts at Gartner Supply Chain Symposium

Air cargo resilience is focus of World Cargo Symposium

International Air Transport Association's World Cargo Symposium in London is focusing on using resilience to drive air cargo’s post-pandemic prospects

Sustainability measurements lacking, says EY survey

EY survey of supply chain leaders reveals need both for visibility on sustainability performance and a holistic business case to drive results

IBM CSCO & COO survey shows tech & sustainability key areas

Digital Supply Chain

Suppeco and Market Dojo partner on e-sourcing solution

Digital Supply Chain

Pitney Bowes Index shows China breaks 100bn parcels barrier