Another milestone for SmartTrans was the agreement it secured with China’s oldest and largest travel
services provider, China International Travel Service (CITS)3
, for SMA to build and distribute an App and
integrated online platform that will enable Chinese and Australian consumers to book and pay for travel
services between the two countries.
The agreement between SmartTrans and CITS, a highly respected State Owned Enterprise (SOE), was signed
at a breakfast ceremony in Beijing on 5 December 2014 to showcase the new Free Trade Agreement (FTA)
between Australia and China, and was cited as a great example of the success of the FTA.
My sources from China had been discussing this point more as it apparently opened up its payment business in the very LARGE industry, benefiting from thr FTA
this is going to be something significant
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