Singapore Post (SingPost) has launched Singapore’s first island wide open parcel locker service called “Rent-a-POP”, reports Post & Parcel.

The service allows retailers and customers to rent a SingPost POPStation locker to deliver their parcels 24/7. SingPost is opening up the POPStation network to third parties.

The company also expects that the new service will be particularly appealing to marketplace sellers and blogshop owners, effectively empowering smaller businesses and merchants.

Users can rent from about 140 POPStations locations in Singapore, including commercial and neighborhood areas such as shopping complexes, community centers and clubs, post offices, and tertiary institutions.

Lim Ann Nee, Senior Vice President, SP Parcels, SingPost said, “Rent-a-POP continues to revolutionize last mile delivery for the growing ecommerce industry. SingPost is the first in Singapore to offer an island wide open parcel locker service.”

Smart lockers aims to give retailers and consumers parcel delivery flexibility that caters to today’s busy lifestyles.

The launch of POPStation for rent has encouraged the development of a sharing economy. Parcels can be delivered by retailers and consumers to a rented POPStation at their convenience, and recipients can collect their parcels easily near their homes or offices.

Prior to the launch of Rent-a-POP, SingPost carried out a one month trial with online marketplaces and blogshops. During the trial, it was found that 50% of these parcels were delivered outside of office hours, there was a 100% collection rate with almost 90% of the parcels being collected in the next day. This gives SingPost the confidence to launch smart lockers all across the nation.

The rates for the service are dependent on the size of the POPStation lockers (three sizes available) and the number of rental days.

A version of this appeared in Post & Parcel on July  27. Read the full version here