Latest update March 29th, 2024 12:59 AM
Oct 11, 2013 News
by Lin-Jay Harry-Voglezon (American In’l News Service)
At a simple ceremony last Wednesday morning at the Georgetown headquarters of the Guyana Post Office Corporation (GPOC), in the presence of Prime Minister Samuel Hinds, sponsors and others, the corporation launched INSTAPay, recognized its outstanding employees, and honoured the academically outstanding children of its employees.
INSTAPay is the new name given to the bill payment and money transfer services conducted by the GPOC because the process is now using the electronic and internet capabilities of Roraima Financial Services. This means that within 2 to 5 minutes after any payment at any GPOC branch, Guyana Power and Light Company (GPL), Guyana Telephone and Telegraph Company (GT&T), Guyana Water Inc, (GWI), Institute of Private Enterprise Development ( IPED), Courts, etc. could access information about the payments. They would have timely knowledge of who paid, when, where and how much.
According to Fonseca Peters, of Roraima Financial Services, one can make payments at any post office and expect similar efficiencies even if it lacks a computer. In such cases the GPOC will utilize its call centre to process the information quickly.
In addition, the regular and same day money orders processed through the corporation on behalf of Laparkan and others would be accelerated, as would money transfers to the remotest areas of Guyana at competitive rates. GPOC with its 67 locations, with at least one in every region, has the widest network of offices in Guyana and the capability to serve people everywhere. As emails and e-cards reduce the volume and rate of traditional postal activity, post offices around the world are introducing postal financial services, e-commerce centres, parcel and logistic services for their survival. In 2012, GPOC’s handling of mails, bulk postage and bill distribution accounted for only 23% of its income.
THIS IDIOT TELLING GUYANA WE HAVE NO SAY IN THE 50% PROFIT SHARING AGREEMENT WE HAVE WITH EXXON.
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