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CMB - der grössste Kreditkatyenanbieter Chinas arbeitet direkt mit Airplus zusammen und wird damit ûber kurz oder lang den airshare CC Abwicklung alleine tätigen, ein Milliaredengeschäft....
China Merchants Bank and AirPlus to improve efficiency in corporate travel management
AirPlus International and China Merchants Bank (CMB), the largest credit card issuing bank in China, have signed a corporate agreement to offer a new corporate card.
The corporate card provides businesses with both local Chinese and international data that is required for comprehensive analyses of their travel-related expenses. With this consolidated data, customers can greatly improve the efficiency of their business travel management, saving time and achieving the target of tangible cost reduction.
“The agreement illustrates both parties’ commitment to making the settlement of business travel expenses as convenient as possible; corporate customers will be given the opportunity to use a unique payment solution that helps them manage their corporate travel spend with greater efficiency. The product will be released this month,” stated an official release issued recently.
“The launch of this partnership represents an industry first with the largest dual-currency credit card issuing bank in mainland China,” said Richard Crum, president and chief executive officer AirPlus International, a provider of business travel payment solutions.
Businesses will have access to all data generated by this new payment solution, including flight, hotel and car rental data. All of the data will be consolidated and accessible online in the AirPlus Information Manager, a software that allows companies to perform detailed analyses of their travel spend. Through the AirPlus Information Manager, businesses can generate customisable reports and identify vast saving potentials – an excellent basis for price negotiations with airlines, hotels, car rental companies and other travel-related service providers, according to the company.
This corporate card is based on the CMB Gold Card and carries enhanced functionalities. Billing and settlement currencies are both the Chinese Yuan (CNY/RMB) and the U.S. Dollar (USD) - local transactions are billed and settled in CNY/RMB, international transactions are billed in USD, and can be settled either in CNY/RMB or USD. The corporate card can be used to access funds at ATMs within China as well as abroad.
Additionally, China Merchants Bank will offer a customer loyalty program, tailored specifically to the needs of the business traveler, added the release.
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