The system enables Chinese tourists to apply for and claim tax rebates in the Alipay app, allowing them to skip in-city and airport tax refund counters.
Created in partnership with Global Tax Free, Alipay says its new paperless mobile tax refund function is the first of its kind in the world.
South Korea will be the first country where the facility is available.
The system enables Chinese tourists to apply for and claim tax rebates in the Alipay app, allowing them to skip in-city and airport tax refund counters.
In order to receive an instant refund in Chinese yuan, the users must scan their tax refund receipts within 90 days of purchasing products in the Alipay app.
In early 2017, Alipay launched a real-time tax refund service in Europe, but it still requires users to visit an airport tax counter to scan their Alipay QR code.
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