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All Chinese Bank Credit Cards Now Accepted by Et-china.com; 13 Bank Credit/Debit Cards Now Accepted at China's E-Commerce Travel Leader.


Business Editors

GUANGZHOU, China--(BUSINESS WIRE)--Nov. 15, 2000

Et-china.com, www.et-china.com, China's leading e-commerce travel Web site can now accept the credit and debit cards of all 13 major banks in China under a new agreement with GNET (www.gnete.com).

Et-china.com is China's most technically skilled, business-to-business travel e-commerce provider and is jointly owned and operated by Et-china.com Investments Pty Limited, an Australia e-commerce investment company, and China Southern Airlines China Southern Airlines (中国南方航空公司) (SEHK: 1055, NYSE: ZNH) is an airline based in Guangzhou in the Guangdong province of the People's Republic of China.  (NYSE NYSE

See: New York Stock Exchange
:ZNH) (HKSE:1055), www.cs-air.com/en, the largest airline in The People's Republic of China.

"We can now provide our customers with more online payment choices in our travel site in China and can accept VISA, MasterCard, American Express and Diner's Club credit cards from not only the Bank of China and China Construction Bank but all of the major banks in China which participate in the GNET system," said Matthew Ng, chief executive officer, Et-china.com.

Previously, Et-China.com was limited in offering its online travel services to specific banking organizations like the Bank of China which it had specific agreements with. The contract with GNET now opens the company's service to tens of millions of credit and debit card users in China.

Participating financial institutions in the GNET banking system now available on Et-china.com include:

Industrial Bank of China

Agricultural Bank of China The Agricultural Bank of China (ABC) (Simplified Chinese: 中国农业银行; Traditional Chinese: 中國農業銀行  

Bank of China

China Construction Bank

Bank of Communications Bank of Communications Limited (BoCom or BoComm) HKSE: 3328 (Simplified Chinese: 交通银行; Traditional Chinese: 交通銀行  

Guangdong Development Bank Guangdong Development Bank (Simplified Chinese: 广东发展银行; Traditional Chinese: 廣東發展銀行  

China Merchant Bank

CITIC CITIC China International Trust and Investment Corporation  Industrial Bank

China Minsheng Banking Cooperation

Shenzhen Development Bank Shenzhen Development Bank Co., Ltd. (Simplified Chinese: 深圳发展银行; Traditional Chinese: 深圳發展銀行  

China HuaXia Bank

China Post

China Ever Bright Bank

On the Internet at www.et-china.com, Et-china.com can provide customers with online domestic (China) and international air travel booking and ticketing, travel and hotel reservations. Et-china.com offers real time individual seat selection and meal selection on all China Southern Airlines' flights as well as luggage and cargo information.
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Publication:Business Wire
Date:Nov 15, 2000
Words:309
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