PPS*Clearing is a system which secures and facilitates settlement between designated postal operators exchanging postal payment services by electronic means in the same network.
PPS*Clearing is a centralized clearing and settlement system which prevents a multiplication of settlement agreements and periodic payments.
PPS*Clearing generates bilateral invoices, consolidates them and calculates net positions for each Designated operator. The clearinghouse receives payments from net debtors and pays net creditors on a weekly basis.
The PPS*Clearing is a service offered to members of the PPS User group.
Link to PPS User Group
Key documents
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PPS*Clearing Brochure27.10.2022Learn more about the postal payments clearing and settlement system.
Clearing Rules are included into the Rules of Procedures as an annex.
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PPSUG Rules of Procedure09.12.2022Within the framework of its activities, the Postal Payment Services Users Group (PPSUG) functions under the auspices of, and reports to, the Postal Operations Council ensuring the governance, development and promotion of electronic postal payment services (PPS) under the PosTransfer brand, and of the UPU worldwide electronic postal payment services network as defined in these Rules of Procedure.
Members
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03.12.2024List of PPS UG members and the ones using the PPS*Clearing system.