Retailers Get Help With Postage for Returns
For consumers, shipping costs are always a sore subject.
Encidia, an online postage company, has rolled out a new wave of postage for Internet retailers aimed at cutting down the costs of shipping.
Currently, online retailers pre-pay their postage when a customer prints out a shipping label to return a product. In order to get reimbursed, retailers must monitor the label’s tracking number to see whether or not the return label was used. Encidia plans to change the game by only charging retailers when the return label is scanned by USPS with its service "Pay-On-Use Returns." When a label is scanned, the retailer's Encidia account will automatically be deducted (plus a 25 cent transaction fee).
Interestingly, since first partnering with the United States Postal Service (USPS) in 1998, Encidia has printed more than $11 billion in postage. (Website Magazine also recently covered this news in our, "The Latest and Greatest in Internet Retail.")