Postal Meter Views
A postage meter is a mechanical device used to create and apply physical evidence of postage (or franking) to mailed matter. Postage meters are regulated by a country's postal authority; for example, in the United States, the United States Postal Service specifies the rules for the creation, support, and use of postage meters. A postage meter imprints an amount of postage, functioning as a postage stamp, a cancellation and a dated postmark all in one. The meter stamp serves as proof of payment and eliminates the need for adhesive stamps.[1]
Working independently, a young Chicago inventor, Arthur Pitney, obtained his first mailing system patent in 1902. Shortly after, he formed the Pitney Postal Machine Company, which became the American Postage Meter Company in 1912. Pitney's first machine consisted of a manual crank, chain action, printing die, counter and lockout device. Franks' product was a refined form of the machine he had presented to [5]
In 1919, Pitney joined forces with Walter Bowes, an entrepreneur who had achieved prominence in postal circles through his company, the Universal Stamping Machine Company, which manufactured post office canceling machines. In 1920, the two companies merged to create the Pitney-Bowes Postage Meter Company. In 1926, PBPM Co. (as it was then known) merged with Edward Franks' Franking Company of America and was consolidated and renamed as the Franks Universal Postage Company, or sometimes referred to as The Universal Postage Trust.[6]
The postage meter normally consists of a keyboard for entering the postage, three seals, and a stamping mechanism. Years ago, users needed to bring their meter to a postal office in order to add additional postage (sometimes called a “reset” or “refill”). That changed in 1979 when Pitney Bowes invented remote meter resetting, otherwise known as Postage by Phone. Today, users can add to their postage balance by telephone, prepaid cards, via the web or through a direct connection over the Internet. The first counter shows the remaining balance. The second counter shows the total postage of the franked consignments. The third one counts the amount of prints and is for statistic purposes only.