ATEC strike China deal with bank

ATEC strike China deal with bank
By admin


The Australian Tourism Export Council (ATEC) has struck a deal with the National Australia Bank in a partnership designed to help ATEC members become China ready.

The agreement will see NAB offer products and services tailored to ATEC which are equipped with China UnionPay functionality.

China UnionPay has 3.1 billion cards in circulation.

ATEC managing director Felicia Mariani said the ability for operators to accept the card will help increase revenue from the Chinese market.

“It is important our industry is able to provide the kind of service Chinese visitors need, including access to baking facilities,” Mariani said.

“With many Chinese travellers ranking shopping as a must-do activity when going overseas, it is clear they prioritise shopping as part of their trip. UnionPay gives these visitors the confidence to easily and securely access their spending money back home.”

The deal is thought to be the first of its kind.

Email the Travel Weekly team at traveldesk@travelweekly.com.au

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