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Old Jan 2, 2020, 5:30 am
  #736  
radonc1
 
Join Date: Mar 2005
Programs: Continental Onepass, Hilton, Marriott, USAir and now UA
Posts: 6,442
Originally Posted by deker0
Here's the relevant text:

Use of general-purpose reloadable prepaid cards grew by more than 50 percent between 2012 and 2014, with some 23 million adults regularly using them.84 Many of these cards effectively serve as a replacement for a checking account, but without checks. When prepaid users need to make a paper-based payment, many turn to money orders. The Postal Service could negotiate discount agreements on money orders with prepaid card companies that encourage their customers to use postal money orders — similar to the postage discounts regularly negotiated with high-volume shippers.85 These agreements may require approval by the Postal Service Board of Governors and the Postal Regulatory Commission. The prepaid provider would benefit by being able to offer their customers a new service and by ensuring that their customers use their prepaid card to purchase money orders; prepaid users would benefit by paying less for their money orders; and the Postal Service would benefit by becoming the paper-based payment provider of choice for many users of prepaid cards.




What a game changer that would be if they followed through with that.....
Yet they went the opposite direction and banned the use of prepaid debit cards completely from their system.

So there must have been something else that dissuaded them from implementing the above approach.
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