As it eyes expansion into electronic commerce and other commercial opportunities, the U.S. Postal Service could be on a course to compete against banks and other financial service providers.

Congress is considering legislation that would let the postal agency form a subsidiary able to offer a wide array of nontraditional products such as electronic bill payment or digital certification.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.