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Flash Express-Union Bank tieup offers small Filipino enterprises, particularly online social sellers and e-commerce entrepreneurs, online business solutions
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The deal integrates Flash Express into UnionBank’s e-commerce platforms
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It also provides logistics business solutions to UnionBank clients via access to Flash Express’ services
Courier and logistics service company Flash Express (Ph) Co. Ltd. Inc. and Union Bank of the Philippines have sealed a partnership agreement to provide online business solutions to Filipino micro, small, and medium enterprises (MSMEs), particularly online social sellers and e-commerce entrepreneurs.
“The main objective of this partnership is two-pronged: to introduce and integrate Flash Express into the e-commerce business platforms of UnionBank and to provide logistics business solutions to UnionBank’s clients by facilitating easy access to Flash Express’ services,” Sherry Lou Bernabe, Flash spokesperson and head of Legal & Compliance, said in a statement.
“This is a marriage of two innovative organizations. Flash Express will bring the technology of logistics and UnionBank brings in the technology for banking and settlements. Combined, we will be able to tap more MSMEs and grow their businesses further through our robust courier and banking solutions,” UnionBank vice president and SME and Micropreneurs Segments head for Customer Experience Jaypee Soliman said.
Flash Express noted that demand for e-commerce business has grown steadily since the coronavirus pandemic began two years ago as people minimized prevented face-to-face transactions.
The partnership is seen to create more opportunities for Filipino MSMEs to speed up their business growth through UnionBank’s marketplace platform. It is also expected to offer local MSMEs easier access to financial assistance, as well as to Flash Express’ technology-driven logistics services and pro-business logistics solutions.
UnionBank’s digital solutions and new product innovations include MSME Business Banking mobile application, UnionBank GlobalLinker, UPAY for MSMEs, and digital onboarding.
