Effective July 1, 2009, Bill Me Later was added as a new payment option to Click-N-Ship® service. Bill Me Later provides Postal Service™ customers with an easy and secure way to print shipping labels and pay for postage without using a credit card.
Both consumers and business customers are able to take advantage of the new Bill Me Later payment option by selecting Bill Me Later at checkout, answering two quick questions from Bill Me Later, and accepting the Bill Me Later terms. Some USPS® customers may already have an existing Bill Me Later account, which they can use. For approved Postal Service customers, Bill Me Later will instantly authorize purchases online at checkout, and then customers will receive regular monthly statements. There are no account numbers to enter, just top-of-mind information such as date of birth and the last four digits of the customer’s social security number. This information is easy to provide and helps to protect against fraud. Bill Me Later will be added as a payment option to other USPS.com® applications in the future.
No, the lender is CIT Bank in Salt Lake City, Utah. Bill Me Later is a credit account that customers can use to make purchases. The lender, in a matter of seconds, will review and consider the credit report and other credit-related information prior to approval to determine creditworthiness.
n Convenience: No credit card to carry or 16-digit account number to remember — just ship and go!
n Security: Zero fraud liability protection, the same as most major credit cards. This means customers are not responsible for unauthorized charges. Additionally, there are no credit card numbers that can be lost or stolen.
n Deferred Payment: 25 days from the date of statement to pay for purchases and avoid finance charges. Thus, consumers and businesses can better manage cash flows; or customers may choose to make minimum payments and pay the finance charges.
For more information or to apply for Bill Me Later, go to www.usps.com/cns. Technical support for Click-N-Ship service is available 7 days per week, 7 a.m.–11 p.m. EST, by e-mail at icustomercare@usps.com.
— Payment Technology,
Finance, 7-16-09
