£500K Royal Mail Fund to Subsidise Mailmark Upgrades
Mail producers who require new software and hardware to take advantage of the new "Mailmark" tracking service can now receive a share of a £500,000 fund towards their investment, Royal Mail has announced.
The fund offers producers of advertising mail and business mail a rebate of £1,000 per million qualifying mailings. Claims are capped at £50,000 per claimant.
Royal Mail launched Mailmark in May 2014. The system uses optical recognition to report the location of individually barcoded mail items, at up to five different points in the mailing process.