Post Office to Test Sales of Gift Cards

The Washington Post reports the Post Office is planning a two-year test beginning in May, with about 2,000 post offices selling gift cards issued by companies such as American Express, Discover, MasterCard or Visa, according to papers filed Wednesday with the independent Postal Regulatory Commission.

Reporter Randolph E. Smid of the Associated Press pens, "The first test will be at post offices that also sell greeting cards. If that works out, the experiment will expand to another 3,000 offices or so in October in hopes of getting in on holiday card sales."

He goes on to say, "Current plans call for sales of fixed amount cards of $25 and $50 value, plus variable-value cards where the buyer can designate the amount at between $26 and $100. In addition there will be a fee of $4.95 for a fixed amount card or $5.95 for a variable one. The cards will have to be purchased from a clerk."

To read the entire article, click here.