FedEx teams up with Wirecard to expand outlet network across India

FedEx teams up with Wirecard to expand outlet network across India

FedEx Express has announced a strategic alliance with Wirecard, the provider of digital financial technology, to offer an increased number of local access points and expand its retail footprint in India.

In the first phase, FedEx launched operations across 200 of Wirecard’s retail agent outlets and will expand to 1,000 locations within the Wirecard SmartShop network by the end of 2018.

The association with Wirecard is part of the retail expansion through the FedEx Authorized Ship Centre (FASC) programme, which  provides FedEx customers with pickup and drop-off services. Some 200 of Wirecard’s retail agent outlets offering FedEx services are 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.

In a statement sent to PostParcel today (9 April), Wirecard said: “Throughout 2018, the number of outlets – within Wirecard’s more than 150,000-location strong SmartShop network – offering FedEx services will grow rapidly.”

Philip Cheng, Vice President, Ground Operations for FedEx Express in India, commented: “Retail is one of India’s fastest growing sectors, and is projected to grow from USD 70.45 billion in 2016 to USD 111.25 billion in 2019. Wirecard, with its robust network of retail outlets and a wide base of customers, is an ideal fit for FedEx and provides customers with enhanced access to our international and domestic shipping solutions. With this alliance, FedEx customers can now take advantage of package pickup and drop-off services across select Wirecard SmartShop network stores.”

 

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