Neopost partners India Post for digital franking machines

Franking machines to allow mass mailers to send large number of mails

PTI | September 13, 2010



Mailing and logistics solutions provider Neopost today said it has partnered with India Post to sell digital franking machines to mass-mailers in the country.

Digital franking machines allows mass mailers, such as companies that send out a large number of mails, to pay for postage as and when they need it instead of having to paste stamps.

"Our partnership allows us to sell 'DigifrankPlus machines' in the country to corporates and small and medium businesses, while the same machines will be contracted to government bodies through the Directorate General of Supplies and Disposals," Neopost India CEO Sanjeev Sharma told PTI.

The machines will be priced upwards of Rs one lakh depending on the capacity of the machines, he added.

The capacity of the machine starts from franking 1,200 mails an hour and goes up to 15,000 mails per hour.

"India Post, in December 2009, had granted approval to Neopost range of new digital franking machines using Remotely Managed Franking System (RMFS), Earlier Electronic Franking Machines were used and the deadline set for replacing such machines is June 30, 2013," Sharma said.

RMFS allows the user to pay for the postage online.

"Earlier, the machines had to be taken to the post offices where some official would open it and manually put in the value of franking that was purchased. Now the payment can be done online and the machine is automatically updated," he said.

Asked about how many machines Neopost expects to sell, Sharma declined to comment but added that there is an established base of more than 20,000 machines and there is a huge growth potential in the segment.

Comments

 

Other News

Cabinet approves museum at North-South Block complex

The Cabinet Committee on Economic Affairs, chaired by prime minister Narendra Modi, on Wednesday has approved the development of the Yuge Yugeen Bharat Museum (YYBM) at the North and South Block Complex, New Delhi, at an estimated total project cost of ₹3,230 crore, as appraised by the Public Investmen

Cabinet approves extension of Noida metro corridor

The Union Cabinet, chaired by prime minister Narendra Modi, has approved the extension of Aqua Line Metro Rail Corridor from Noida Sector-51 to Greater Noida Sector-04 of Noida Metro Rail Project with corridor for a length of 8.449 km with 5 elevated stations. On operationalization of this corridor, Noid

India reaffirms commitment to climate multilateralism

India has reaffirmed its commitment to climate multilateralism and the principles of Equity and Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC), calling for a fair, equitable and ambitious outcome at the 31st Conference of the Parties (COP31) to the United Nations Framewo

How the mind can help the body heal itself

Why do some people recover from illness against all odds? Can our beliefs, emotions and consciousness influence the body’s ability to heal? Drawing on over three decades of experience in medicine, research and medical innovation, internationally trained ophthalmologist and author Dr Dinesh Verma ex

1,364 anti-cancer formulations to cost less from today

The National Pharmaceutical Pricing Authority (NPPA), under the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, has capped trade margins on the Maximum Retail Price (MRP) of 137 anti-cancer drugs. This was based on the recommendations of an Expert Committee constitute

Who checks the books?

I read about the news about the Coimbatore library over coffee this morning. On the face of it, the headline was about a political ‘war’ between the DMK and TVK. But what stayed with me was something much more important than the blame game behind what had transpired. A writer walking through

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter