Alipay First Tasted Cross-Border Tax Rebates To Further Expand Overseas

< p > here, the world is < a href= "//www.sjfzxm.com/" target= "_blank" > clothing < /a > a href= "//www.sjfzxm.com/" target= "//www.sjfzxm.com/" > shoes, < hat > net, to introduce Alipay's first cross border tax rebate to accelerate overseas expansion.

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After P successfully entered the US market, Alipay's overseas expansion accelerated again.

Alipay has successfully entered the US market through cooperation with Stripe, the US payment agency. The introduction of cross-border tax rebate services will further enhance Alipay's ability to pay and user stickiness in overseas markets.

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After P successfully entered the US market, Alipay's overseas expansion accelerated again.

Reporters confirmed from 7 Alipay, Alipay will cooperate with the global blue union to carry out overseas shopping tax rebate services, the first batch will cover France, Germany, Italy, the United Kingdom and South Korea and other 5 countries, more than 5000 merchants.

Through this service, Chinese users will add a way to get the cross-border tax rebate, and the refund time will also be greatly reduced.

Alipay said that the service will expand to more countries and regions in the future. The specific implementation process and details of the service will be officially announced in the middle of this month.

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< p > according to the introduction, Alipay's cross border tax refund service will be formally implemented in mid July, when Chinese tourists will be able to complete the tax refund through Alipay in the above 5 countries.

As a matter of fact, as early as the 2013 national day, Alipay began to try related businesses. It pioneered the tax refund service for Chinese tourists shopping in Korea. Consumers filled in the tax refund list with Alipay's mobile phone number and passport number and English name. Before leaving the country, they handed the tax rebate bill to the customs inspection seal and delivered it to the designated mailbox at the airport.

The fastest 7 working days, the amount of tax rebates will be converted into RMB to the consumer's Alipay account and notify consumers by SMS.

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< p > at present, Chinese consumers mainly adopt the two ways of cash tax rebate and credit card pfer when cross border tax rebates.

Cash rebates can be processed at designated rebate points in airports or shops. Credit cards must be used as security. Some consumers often give up because of the long wait at the scene. Credit card refund will take 1 to 3 months, which is also extremely inconvenient.

Insiders believe that if Alipay's upcoming cross-border tax rebate service can protect the 7 day tax payment, it will greatly attract users, laying the foundation for its next expansion of overseas business.

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< p > it is worth mentioning that the refund service of < a href= "//www.sjfzxm.com/news/index_c.asp" > Alipay < /a "may not be free.

According to the tax rebate service previously launched in Korea, Alipay will charge a 2% service charge to users.

However, according to Alipay, Alipay does not charge service fees to consumers. 2% of the service fee is charged to a commercial factoring company in Shanghai for the necessary financial guarantee.

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< p > most people in the industry believe that Alipay's launch of the a href= "//www.sjfzxm.com/news/index_cj.asp" cross border tax rebate < /a > service is not to expand revenue, but to take the opportunity to further expand the overseas market.

Alipay has successfully entered the US market through cooperation with Stripe, the US payment agency. The introduction of cross-border tax rebate services will further enhance Alipay's ability to pay and user stickiness in overseas markets.

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