WeChat launches digital tax refund service for overseas tourists

Date: 31 Oct 2019

WeChat has launched a new service that enables overseas tourists to get a digital refund tax as the latest application of financial technology in various sectors.

Since Oct 1, overseas tourists can receive a tax refund through the We TaxFree Pass mini-application in WeChat, the social networking platform of the internet giant Tencent, and receive money immediately in their digital wallets, significantly simplifying the process.

In the past, they could only get the refundable tax in cash or through their bank cards.

The service has been made available in Beijing Capital International Airport.

For those who have a large amount of tax rebates in excess of 10,000 yuan ($1,415), they can now receive money immediately compared with the previous five working days on average, according to a staff member at the airport who is responsible for the tax rebate business.

Since the official launch of the service, a total of 49 tax refund deals have been made through digital payment methods at the airport, either via WeChat or Alibaba’s Alipay.

Of them, 96 percent were from WeChat, according to the company. 

Source: China Daily

Disclaimer
The information on this page may have been provided by a contributor to ChinaGoAbroad, and ChinaGoAbroad makes no guarantees about the accuracy of any content. All content shall be used for informational purposes only. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting such content (including texts, pictures, photos and diagrams) to ChinaGoAbroad for publication. ChinaGoAbroad disclaims all liability arising from the publication of any content/information (such as texts, pictures, photos and diagrams that infringe on any copyright) received from contributors. Links may direct to third party sites out of the control of ChinaGoAbroad, and such links shall not be considered an endorsement by ChinaGoAbroad of any information contained on such third party sites. Please refer to our Disclaimer for more details.
Top