Australia Post introduces new travel card to cash in on China’s travel boom

17th November 2014

Australia Post, together with UnionPay International and Bank of China, today launched Australia’s first UnionPay multi-currency travel card to support the significant number of Australians travelling to China for business and leisure.

China UnionPay is a fast growing international payment brand, with more than 4.5 billion cards issued, and is accepted by more than 23 million merchants around the world.

Australia Post’s CEO and Managing Director Ahmed Fahour said today’s announcement was part of a continued partnership with both China UnionPay and Bank of China to make it simpler for Chinese and Australian consumers and businesses to make and receive payments.

“More than 400,000 Australians are expected to travel to China in 2015*. This new travel card enables Australians to purchase and pre-load their travel card with dual currencies – Chinese Yuan (CNY) and Australia Dollars (AUD) – and is perfect for Australian travellers to China, providing them with a secure and convenient way to access their funds overseas,” Mr Fahour said.


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