COLUMBIA, MD- The Grand Hyatt Shanghai, owned by China Jin Mao Group Co. Ltd., became the first hotel in the world to deploy the jointly developed Credit Card Processing System-Payment Gateway (PG), known as Bank of Chinas Bank Merchant POS (BMP). MICROS-Fidelio Asia/Pacific formed an alliance with Bank of China earlier this year to enhance credit card processing in China.
The newly formed strategic alliance will provide value-added service to hotels and merchants through a B2B e-commerce environment. PG/BMP enhances guests check-in and check-out times dramatically and streamlines hotels and merchant operations, thus resulting in significant cost savings. (10/12/00)