USPS Board Accepts PRC's Decision on Discover NSA

Share this content:
The Board of Governors of the U.S. Postal Service said yesterday that it has accepted the Postal Rate Commission's recommended decision for a three-year negotiated service agreement between the USPS and Discover Financial Services Inc., Redwoods, IL, a business unit of Morgan Stanley.


The PRC's decision was issued Sept. 30.


NSAs are special service and rate arrangements negotiated between the USPS and a mailer or group of mailers. Proponents say NSAs will encourage greater volume by rewarding the postal service's major customers with discounts and premium services.


Discover's NSA is based on two functional elements: address correction and a declining block rate volume discount. The company is eligible for discounts of 2.5 cents to 4.5 cents per piece if its annual First-Class bulk volume exceeds 405 million pieces. The discounts rise with volume, and they are in addition to reductions given for automated First-Class letters that are presorted by ZIP code and carrier route.


The USPS will not return undeliverable First-Class mail solicitations under the agreement. Instead, Discover would receive electronic address corrections. The fees for address corrections are waived in certain instances.


The board said the waiver of fees for address corrections begins Nov. 1. All other aspects of the agreement take effect Jan. 1, 2005.


close

Next Article in Direct Mail

Sign up to our newsletters

Company of the Week

USAData helps businesses find new customers and grow their current customers through a combination of data and digital marketing services, and easy-to-use SaaS technology products. We enrich customer data so businesses can more effectively target and communicate with customers, and connect them with their best look-alike prospects through digital and traditional channels. We make it easy through simple, self-serve applications and APIs, as well as through full-service programs managed by our Data and Digital experts. 

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above