B+S Tax Free
The Simple Way to More Transactions from International Customers
B+S Tax Free facilitates a simple and fast way of reclaiming the value-added tax (VAT) for non-EU residents. Thus, customers get a saving, while merchants benefit from increased revenue due customer inclination to spend more.
This additional feature is a real advantage as far as customer service is concerned. The terminal automatically identifies whether non-EU resident customers are entitled to VAT-free shopping. After paying, the customer receives a tax free form entitling him to a VAT refund when leaving the EU. At the same time, the merchant is spared of the costly task of handling TaxFree cheques.
- Increased revenue stream due to customer savings
- Faster checkout at POS
- Increased merchant savings in the clearing and settlement process
- Higher security in regard to fraud due to use of a cheque code