Alipay's Tax Rebate Business Begins To Enter Luxury Industry

It has been reported recently that Alipay has begun to move to another huge market, the luxury market after the complete invasion of the consumer market. After Italy's Renaissance department store, British Harrods department store and Germany Kaufhof department store and other top department stores, Alipay has returned to Paris.

Alipay has also been announced to refund the tax, users can directly use Alipay after the consumption of the tax refund.

At present, Alipay tax rebate service has covered over 3 000 merchants in 16 European countries.

The spring department store in Paris, France, was introduced by Alipay and another company to build a rebate service for self-service machines.

Consumers do not need to manually fill out all kinds of information about tax rebates in a single way, nor do they have to worry about failing to fill in the tax refund due to filling errors or writing problems.

As long as you scan your passport directly on the self-help rebate machine in the shopping mall in bazaar spring, click the Alipay tax refund option, enter the mobile phone number that binds Alipay, then you can print out the tax refund invoice yourself.

Before leaving the country, the user will return the tax rebate to the customs inspection seal and send it to the designated mailbox at the airport, so that he can wait for the refund to the Alipay account.

After 10 working days, the tax rebate will be automatically converted into RMB to the consumer's Alipay account, and there will be a notice of arrival information.

The whole tax cycle is about 3 times faster than the general credit card tax rebate.

At present, in South Korea, the tax rebate for Alipay can reach the level of real time arrival to the fastest. This efficiency will also be realized in European businesses such as spring department store in Paris, France.

In respect of the tax rebate rate, at present, Alipay promises the same amount of tax rebate time, tax rebate, goods and so on. The amount of tax refund through it will not be lower than that of credit card or cash rebate, or double compensation difference.

This cooperation is the first time for the high-end department stores in France to introduce tax refund methods besides cash and credit cards.

In France, offshore consumers

More than 175.01 Euros can be applied for a 10%-12.8% tax rebate for consumption, which is equivalent to a 8.5-9 discount on shopping prices, so many high-end department stores will provide tax rebates as an important value-added service to consumers.

It is reported that Alipay started the tax refund service in October 2013 as early as possible.

Up to now, including France, Germany, Italy, Britain, Switzerland, Holland, Spain and other 17 countries, most of the European regions have supported Alipay's tax refund service, including the Harrods department store, Denmark Magasin department store in addition to the spring department store in Paris, France.

Burberry and other more than 30 thousand stores and famous stores.