USPS Nets Deal with Discover Financial

WASHINGTON, DC—The U.S. Postal Service (USPS) and Discover Financial Services have entered into an agreement that will help to retain First-Class Mail and grow Standard Mail volume. On March 15, the Postal Regulatory Commission approved the agreement, the first such deal for domestic market dominant products under the Postal Accountability and Enhancement Act (PAEA).

“This ruling benefits both Discover Financial Services and the Postal Service,” said Paul Vogel, president and chief marketing/sales officer. “It is important in its approach as the first multi-class agreement that is designed to add new vitality to billing and statement mail.”