Post Office Card Account
(asked on 10th December 2014) - View Source
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, what estimate he has made of the cost to the public purse of each transaction for benefit payments paid into a Post Office card account in Northern Ireland; and what that cost is in other regions of the UK.
This question was answered on 17th December 2014
The cost to Government for making benefit payments into a Post Office Card Account is around £0.50 for each transaction. The cost is the same for Northern Ireland and UK payments.
The contract is volume banded so this cost will vary according to the number of transactions.