US Post Office introduces computer stamps By Michael Eskenazi LOS ANGELES, July 14 (Reuters) - Postal customers fed up with long lines will soon be able to buy stamps at the click of a mouse. In a bid to keep up with the Internet, the U.S. Postal Service is set to team up with E-Stamp, in which Microsoft <MSFT.O> owns about a 10 percent stake, and Stamps.com <STMP.O> to offer a computer-generated stamp. The software, which is expected to be offered nationwide by early fall, initially targets small businesses which often do large numbers of mailings but not enough to justify the purchase of postage meters. Post Office spokeswoman Pam Gibert told Reuters Wednesday the software eventually will be used by large corporations and individuals as well. Customers will buy a block of postage from the software company, say $100 worth. Along with a "stamp" image similar to that printed by a postage meter, a bar code also will be imprinted on the envelope indicating the user, serial number of the device that printed it, and amount of postage. Users must sign a licensing agreement, as would firms that purchase postage meters. Gibert said the bar-coding system is more secure than postage meters, which have become easier to counterfeit with color printers. Each parcel will be read by a scanner, which can immediately detect if a bar code has been duplicated. The programs work with virtually any black-and-white ink jet or laser jet printer and firms can alter the font of the stamp to fit in with their images. E-Stamp uses a hardware "vault" that plugs into the back of a computer and stores postage information. Purchases through Stamps.com are done online. E-stamp users can add credit to their vault through online electronic fund transfers from their bank accounts. E-Stamp will require a hardware and software purchase. Stamps.com, which made its stock market debut in June, will make its software available through a free Internet download. Both will charge a transaction fee of about 10 percent of the postage per parcel. The innovation will make trips to the post office virtually obsolete. The packages include "postage wizards" which tell users about the postal service's pricing plans and service times and other services. |