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.
Twenty-eight operators already use PPS*Clearing.