EDM 1506 - Post Office Card Account

07.05.2008
Clapham, Michael

That this House notes that over four million people chose to use the Post Office Card Account (POCA) and that these transactions earn the Post Office £200 million each year; is aware that the Government will soon announce its decision on which company shall operate the successor product to the POCA from 2010; recognises that the Post Office is best placed to provide this service because of its unrivalled geographical reach, its status as a trusted brand and its ability to offer customers a seamless transition; believes that retaining the successor of the POCA as a Post Office product is essential to the viability of the Post Office network following the Network Change Programme; and in this context urges the Government to award the successor product to the Post Office.