A postage stamp is a small piece of paper issued by a post office, postal administration, or other authorized vendors to customers who pay postage, who then affix the stamp to the face or address-side of any item of mail—an envelope or other postal cover —that they wish to send. The item is then processed by the postal system, where a postmark or cancellation mark—in modern usage indicating date and point of origin of mailing—is applied to the stamp and its left and right sides to prevent its reuse. The item is then delivered to its addressee.
A postmark is a postal marking made on an envelope, parcel, postcard or the like, indicating the place, date and time that the item was delivered into the care of a postal service, or sometimes indicating where and when received or in transit. Modern postmarks are often applied simultaneously with the cancellation or killer that marks postage stamps as having been used. Sometimes a postmark alone is used to cancel stamps, and the two terms are often used interchangeably. Postmarks may be applied by handstamp or machine, using methods such as rollers or inkjets, while digital postmarks are a recent innovation.
The Bureau of Engraving and Printing (BEP) is a government agency within the United States Department of the Treasury that designs and produces a variety of security products for the United States government, most notable of which is Federal Reserve Notes for the Federal Reserve, the nation's central bank. In addition to paper currency, the BEP produces Treasury securities; military commissions and award certificates; invitations and admission cards; and many different types of identification cards, forms, and other special security documents for a variety of government agencies. The BEP does not produce coins; all coinage is produced by the United States Mint. With production facilities in Washington, D.C., and Fort Worth, Texas, the Bureau of Engraving and Printing is the largest producer of government security documents in the United States.
A vending machine is an automated machine that provides items such as snacks, beverages, cigarettes, and lottery tickets to consumers after cash, a credit card, or other forms of payment are inserted into the machine or otherwise made. The first modern vending machines were developed in England in the early 1880s and dispensed postcards. Vending machines exist in many countries and, in more recent times, specialized vending machines that provide less common products compared to traditional vending machine items have been created.
Postal service in the United States began with the delivery of stampless letters whose cost was borne by the receiving person, later encompassed pre-paid letters carried by private mail carriers and provisional post offices, and culminated in a system of universal prepayment that required all letters to bear nationally issued adhesive postage stamps.
Registered mail is a mail service offered by postal services in many countries, which allows the sender proof of mailing via a mailing receipt and, upon request, electronic verification that an article was delivered or that a delivery attempt was made. Depending on the country, additional services may also be available, such as:
A ticket machine, also known as a ticket vending machine (TVM), is a vending machine that produces paper or electronic tickets, or recharges a stored-value card or smart card or the user's mobile wallet, typically on a smartphone. For instance, ticket machines dispense train tickets at railway stations, transit tickets at metro stations and tram tickets at some tram stops and in some trams. Token machines may dispense the ticket in the form of a token which has the same function as a paper or electronic ticket. The typical transaction consists of a user using the display interface to select the type and quantity of tickets and then choosing a payment method of either cash, credit/debit card or smartcard. The ticket(s) are then printed on paper and dispensed to the user, or loaded onto the user's smartcard or smartphone.
A digital stamp in crafting, stamping, card making and scrapbooking is a digital image printed onto paper from the user's printer. Digital stamps come in a variety of formats, including PNG, JPG, and TIFF. Digital stamps offer many advantages over traditional rubber stamps because of their ability to be flipped, resized, rotated and easily stored.
Franking comprises all devices, markings, or combinations thereof ("franks") applied to mails of any class which qualifies them to be postally serviced. Types of franks include uncanceled and precanceled postage stamps, impressions applied via postage meter, official use "Penalty" franks, Business Reply Mail (BRM), and other permit Imprints (Indicia), manuscript and facsimile "franking privilege" signatures, "soldier's mail" markings, and any other forms authorized by the 192 postal administrations that are members of the Universal Postal Union.
A personalised (or personalized) stamp is a postage stamp on which, for a fee, an image and/or text of the purchaser's choosing may be placed. The stamps vary from country to country, and while some are normal stamps with a personalised label on the left attached by perforations, elsewhere the stamps are more properly regarded as one-piece personalised meter stamps with a colourful design next to the indicia. Stamps produced by Zazzle.com for the United States, for instance, are one-piece, self-adhesive with die cut margins to emulate perforations, and visually very similar to normal United States postage stamps, except for the addition of an information-based indicia (IBI) encoded by little black and white squares along one edge. A serial number appears next to the IBI.
An interactive kiosk is a computer terminal featuring specialized hardware and software that provides access to information and applications for communication, commerce, entertainment, or education.
A postage meter or franking machine is a mechanical device used to create and apply physical evidence of postage to mailed items. Postage meters are regulated by a country's postal authority. A postage meter imprints an amount of postage, functioning as a postage stamp, a cancellation and a dated postmark all in one. The meter stamp serves as proof of payment and eliminates the need for adhesive stamps.
Freepost is a postal service provided by various postal administrations, whereby a person sends mail without affixing postage, and the recipient pays the postage when collecting the mail. Freepost differs from self-addressed stamped envelopes, courtesy reply mail, and metered reply mail in that the recipient of the freepost pays only for those items that are actually received, rather than for all that are distributed. Freepost of preprinted cards issued by businesses is also different from postal stationery sold by postal administrations.
A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payments processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. The payment gateway may be provided by a bank to its customers, but can be provided by a specialised financial service provider as a separate service, such as a payment service provider.
A stamp vending machine (SVM) is a mechanical, electrical or electro-mechanical device which can be used to automatically vend postage stamps to users in exchange for a pre-determined amount of money, normally in coin. Most SVMs were positioned in public places to provide a useful service to customers when other sources of postage stamps, such as Post Offices were closed. The term is often applied to the entire object as found attached to a pillar box or sited in a wall. The name Stamp Vending Machine only applies to the internal mechanism, the housing is described by the UK Post Office as a "case" and was supplied, installed and maintained separately. Many postal administrations around the world have used automatic stamp vending machines including the United States, where private manufacturers began vending stamps from coils in 1908. Most countries of the Commonwealth of Nations have issued stamps for use in Stamp Vending Machines, including Hong Kong, New Zealand and Malta.
A variable value stamp, is a gummed or self-adhesive postage stamp of a common design, issued by a machine similar to an automatic teller machine (ATM), with a value of the user's choice printed at the time the stamp is dispensed. The value may be variable or from a fixed selection of postal rates. The stamps and machines are typically for use in retail or post office environments. As only the postal value varies from stamp to stamp, these stamps have been described as key type stamps. They are also closely related to meter stamps from postage meters.
Micro Markets are a retail sector, closely tied to the vending machine industry, that utilizes automated self-checkout technology to operate in locations that require unattended payment capability. Grab-and-go Micro Markets are unattended retail environments where consumers can purchase products from open shelves, coolers, or freezers. Consumers use a self-checkout kiosk to purchase their products, or advanced AI technology that is leveraged to facilitate a seamless experience, as with Amazon Go. They are a hybrid form of vending, foodservice, coffee service, and convenience stores that provide an improved customer experience, exponentially greater product variety, and increased sales within a single location, while keeping labor costs down and increasing operational efficiencies. Given the market sector in which Micro Markets exist, the National Automatic Merchandising Association (NAMA) “recognize[s] [Micro Markets] as one of its focus channels along with vending, foodservice and refreshment services". The COVID-19 pandemic is expected to drive innovation in the self-checkout model as vendors are looking for ways to provide safe, touchless, and easy-to-use self-checkout solutions to protect both employees and customers.
Automated retail is the category of self-service, standalone kiosks that operate as fully automatic retail stores through the use of software integrations to replace the traditional retail services inside in a traditional retail store. These standalone kiosks are often located in heavily trafficked locations such as airports, malls, resorts and transit hubs.
The Washington–Franklin Issues are a series of definitive U.S. Postage stamps depicting George Washington and Benjamin Franklin, issued by the U.S. Post Office between 1908 and 1922. The distinctive feature of this issue is that it employs only two engraved heads set in ovals—Washington and Franklin in full profile—and replicates one or another of these portraits on every stamp denomination in the series. This is a significant departure from previous definitive issues, which had featured pantheons of famous Americans, with each portrait-image confined to a single denomination. At the same time, this break with the recent past represented a return to origins. Washington and Franklin, after all, had appeared on the first two American stamps, issued in 1847, and during the next fifteen years, each of the eight stamp denominations available featured either Washington or Franklin.
The Four Corners model, often referred to as the Four Party Scheme is the most used card scheme in card payment systems worldwide. This model was introduced in the 1990s. It is a user-friendly card payment system based on an interbank clearing system and economic model established on multilateral interchange fees (MIF) paid between banks or other payment institutions.
