Wirecard and XBN announced about global strategic partnership withing international e-commerce.
XBN is China's leading E-Commerce comprehensive service provider, and business activity of its platform covers 45 countries and regions.
In order to cooperate with Wirecard in providing trade and financial services, XBN will use its own global marketing and trade operational system, the strongest supply chain, purchase and logistics resources.
Wirecard will provide global digital payment and receipt services.
Wirecard will leverage it’s The Smart Shop Network in India for the further support of the XBN’s expansion.
Wirecard, being the global innovation leader in the digital financial technology, and XBN, being one of the Chinese E-commerce platforms with the fastest growth, set up partnership and cooperation to enable digital payments outside of China.
XBN is rapidly expanding globally with a current presence on the markets of 45 countries and regions. Both businesses and individual consumers can buy goods directly from global partners of XBN which directly sources from high-quality Chinese manufacturers. Wirecard will provide digital payment acceptances global services for XBN, and will also support XBN’s expansion in India with its nationwide Smart Shop Network.
With using strong Informational Technologies and Big Data support, integrated into global sales and trading platform, XBN helps dozens of thousands of Chinese suppliers to upgrade its global trade capabilities. When suppliers use XBN platform, they are enabled to make globally transparent deals in one integrated IT platform, with the best visibility for customers, pricing, inventory and logistics options. All of these features help XBN suppliers to evolve their businesses and to attract more customers globally. The Wirecard global strategy will allow XBN to provide its suppliers with more wast financial services. XBN will supply Indian and global customers with the best quality products, that have the finest design, material, innovation level, and price.
Xu Danxia, Chairman of the Board at XBN said“The cooperation with Wirecard enable us to combine our rich global E-commerce experience and high-end manufacturers with worlds’ leading digital payment solutions. It gives us unlimited potential for growth. I am very pleased to have the opportunity of cooperation with Wirecard on new and developed markets, to explore the new business potential.”
“There is tremendous potential in partnering with XBN and bringing our global digital payment acceptance solutions to a leading and rapidly growing global e-commerce platform,” added Georg von Waldenfels, EVP of Group Business Development at Wirecard. “Besides leveraging all of our traditional global payment products there is also an opportunity in expanding throughout India market and expanding our The Smart Shop agents network for XBN by bringing digital E-commerce payments to consumers in the rural parts of India.”
The signing ceremony of the cooperation agreement between XBN and Wirecard on the site of the 2019 China E-commerce Convention.
The May 30th, in the presence of leadership from Ministry of Commerce, Beijing Government and other departments, on the site of the 2019 China E-commerce Convention there was signing ceremony of the cooperation agreement between XBN and Wirecard.
Group photograph of Organizing Committee leaders with honored guests.
On the 1st of November, on the Signing Ceremony & Achievement Release Event of China International Fair for Trade in Services, both parties were focused in its discussions on the foreign trade services with the positive outcome of signing the agreement and organizing of the Service Trade Fair. XBN and Wirecard will use its own advantages to contribute to service trade development and global E-commerce economy, jointly supporting Indian businesses and consumers.