Bank SinoPac (永豐銀行) yesterday teamed up with President Chain Store Corp (PCSC, 統一超商) to offer a one-stop service to online sellers integrating payment flows with logistics.
Fun Cashier (豐掌櫃), a third-party electronic payment service launched by Bank SinoPac that can work with multiple market platforms, has 30,000 online clients, mostly small vendors.
The bank said the alliance with PCSC would offer better logistics for Fun Cashier’s clients, thanks to the store-to-store shipping service via its 7-Eleven outlets.
Through the connection between the two systems, online sellers using Fun Cashier can choose PCSC’s store-to-store shipping service — set to be free by the end of this year — to let consumers pick up purchases at one of the nation’s more than 5,000 7-Eleven stores.
“We found that Taiwanese strongly rely on services offered by convenience stores,” said Ting Chen (陳亭如), the bank’s head of electronic banking division and integrated marketing division.
Data provided by the Institute for Information Industry (資訊工業策進會) showed that 69.5 percent of Taiwanese online shoppers chose store-to-store delivery as their preferred shipping method.
This is the first time in the nation that a third-party payment service has teamed up with a logistics service provider to create a one-stop service, Chen said.
Chen said the joint venture would raise the number of Fun Cashier’s users in the future, but did not specify a target.
President Chain’s director of e-business and commodities, Jenny Shen (沈幸柔), said the shipping volume of the company’s store-to-store pickup service showed a 20 percent increase year-on-year, since its launch in 2010.
Currently, a total of 3,500 online vendors in the nation use this service, with more than 42 million packages shipped via the service per year, the retailer’s statistics showed.
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