FedEx pact with Wirecard to provide local access points

FedEx Express, an express transportation major, on Monday announced a strategic alliance with Wirecard, a leading international provider of digital financial technology, to offer an increased number of local access points and expand its retail footprint in India.

By :  migrator
Update: 2018-04-09 20:21 GMT
Representative Image

Chennai

In the first phase, FedEx launched operations across 200 of Wirecard’s retail agent outlets and would expand to 1,000 locations within the Wirecard SmartShop network by this year end. The association with Wirecard was part of the retail expansion through the FedEx Authorized Ship Centre (FASC) programme, which provides customers with convenient and secure pickup and drop-off services. 

Some 200 of Wirecard’s retail agent outlets offering FedEx services were already in operation across five states of South India and New Delhi. “This is in addition to the existing 680 FedEx retail access points across India,” Philip Cheng, Vice President, Ground Operations for FedEx Express in India, said. Throughout 2018, the number of outlets within Wirecard’s more than 150,000-location strong SmartShop network, offering FedEx services will grow rapidly. Wirecard’s SmartShop network spans across the entire Indian sub-continent and provides consumers with digital financial services and ancillary products relevant for their daily lives. 

“Working with FedEx Express, we further increase our portfolio of products and services for our consumers, which are convenient and relevant in their daily lives,” said Georg von Waldenfels, Executive Vice President Consumer Solutions and Member of the Board of Wirecard in India.

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