Postal banking, alcohol delivery could save the U.S. Postal Service, experts say

McConnell said postal banking could help raise critical revenue and serve the public, noting consumer advocates would find it particularly appealing to have a post office that’s able to provide consumers with digital wallets, low-fee ATM machines and an ability to cash checks without paying the often-exorbitant fees that check-cashing establishments charge.

Also in favor of postal banking: a growing number of economists, including Melanie Long, an assistant professor of economics at The College of Wooster in Wooster, Ohio.

“Postal banking has been used in other parts of the world to democratize services,” she said, noting that postal services in 139 countries around the world offer some form of financial services.

Source: Postal banking, alcohol delivery could save the U.S. Postal Service, experts say