Saturday 14 April 2018

FedEx Express Expands its Retail Footprint in India

CHENNAI, April 9, 2018 FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, today 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. 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) program, which provides customers with convenient and secure 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.

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