The USPS is testing out becoming a bank, and it’s about damn time.

The American Prospect reports the US Postal Service has — finally! — begun piloting several postal banking programs.

In four pilot cities, customers can now cash payroll or business checks of up to $500 at post office locations, and have the money put onto a single-use gift card.

— Read the rest

Source: https://boingboing.net/2021/10/06/the-usps-is-testing-out-becoming-a-bank-and-its-about-damn-time.html?utm_source=rss&utm_medium=rss&utm_campaign=the-usps-is-testing-out-becoming-a-bank-and-its-about-damn-time
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The Article Was Written/Published By: Thom Dunn

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