UnionPay's chief overseas tax refund service

Overseas shopping tax rebates do not need long queues, but also do not need to fill in a lot of information, brush UnionPay card spending free automatic refund to the original card. Yesterday, CUP International and KTIS Korea officially opened a quick tax refund service.

Cardholders in the KTIS rebate business cooperation business card Unionpay card spending after the tax can be automatically returned to the shopping clearance when using the UnionPay card. Cardholders can also complete a cash rebate through KTIS's 24-hour self-service tax refund terminals deployed at Incheon, Gimpo and Jeju airports, without any additional application or registration. Both of these methods save the cardholder's time to fill out a tax refund application, stamp and wait for cash, arrive quickly, and have no handling fees.

It is understood that KTIS is a subsidiary of Korea's largest telecom operator KT Group. It is mainly responsible for providing online and offline customer service for KT users and developing various value-added services related to KT services. Shi Wenchao, president of China UnionPay, said that UnionPay International and KTIS have launched a quick tax rebate service and further enriched the local card service system. The scope of this service will continue to expand in the future to better serve the visiting UnionPay cardholders.

In fact, back in August last year, there was news that UnionPay International signed a memorandum of cooperation with KTIS Company, which is expected to enable cardholders to apply for tax refund quickly without having to fill out and send paper tax refund forms. The refund amount directly applies through the airport's self-service terminal. Back to UnionPay card account.

Just before Alipay announced the launch of the European tax rebate business. After cooperating with Global Tax Refund Agency Global Blue, four European countries such as Britain, Germany, France and Italy, as well as South Korea that has conducted pilot projects before will support Alipay tax refund. According to Alipay introduction, consumers shop in more than 5,000 merchants, as long as the choice of Alipay logo printed on the option of a single tax rebate, fill Alipay account binding information in the customs confirmed, you can receive within 10-15 days of RMB Refund.