Introduction

Abstract

In general, postage is a special payment instrument that is used to get access to certain postal services such as having mail pieces transported from a sender to an intended recipient. As such, postage is a special currency, which is minted by the respective postal operator, distributed to consumers of postal services, and eventually applied to mail pieces in order to serve as evidence of prepayment for a postal service. Unused postage, for which no postal service has been provided, is guaranteed by the respective postal operator to be converted back into cash in the amount of its face value. Certain restrictions may apply to the redemption of unused postage.

Keywords

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