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Article: Online Postage Companies Struggle
- Article from:
- AP Online
- Article date:
- July 7, 2000
- Author:
CopyrightThis material is published under license from the Associated Press. All inquiries regarding rights should be directed to the Associated Press. (Hide copyright information)
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BRAD FOSS, AP Business Writer
AP Online
07-07-2000
Online Postage Companies Struggle
NEW YORK (AP) -- Online postage may help small business owners lick the annoyance of waiting at the post office to buy stamps, but adoption of the new technology has been slow and the ballyhooed industry has yet to deliver a profit.
So far, online postage companies have racked up multimillion dollar losses, failing to convince enough people to pay extra for the ability to create prepaid envelopes using a computer and a printer.
Those who regularly use their PCs as virtual postage meters say the process is not without its own aggravations, and technology analysts say the sector is threatened by a new, ...