Royal Mail plc today announced that it has enhanced its in-house IT capability through the purchase of StoreFeeder, a privately-held UK-based technology company. 

StoreFeeder built Royal Mail’s consumer and small business shipping tool, Click and Drop, which was launched in October 2014. As well as allowing consumers and small businesses to ship with Royal Mail within a few clicks, Click and Drop enables eBay sellers to integrate their accounts and buy and print postage labels without manually inputting the address of each individual buyer.

Click and Drop now also offers Paypal as a payment method in addition to credit and debit cards. The purchase of StoreFeeder will support Royal Mail’s continuing efforts to enable customers of all sizes to connect and ship parcels easily through online tools and Application Programming Interfaces (APIs).  The financial terms of the transaction are not material in the context of the Royal Mail Group as a whole. StoreFeeder will continue to operate in the same way for its existing clients.

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Source: Royal Mail Group