There are generally three tax refund methods for overseas shopping: first, cash refund (overseas or returning home), second, check (mailed back to the country), and third, refund to credit card. The "UnionPay Card Tax Refund" will expand the third tax refund method from being limited to credit cards to all bank cards with the UnionPay logo (including debit cards). Moreover, since credit card withdrawal fees are high, it will be more convenient for tourists to deposit tax refunds into debit cards that can be freely withdrawn. It is reported that this business will be launched on a pilot basis in France, Italy, Germany and Singapore in Europe, which are popular shopping destinations for Chinese tourists. ICBC now provides consumption tax refund services. It is understood that ICBC provides 20 services including Austria, Belgium, Denmark, Finland, France, Germany, the United Kingdom, Greece, the Netherlands, Iceland, Ireland, Italy, Luxembourg, Norway, Portugal, Spain, Sweden, Switzerland, Singapore, Argentina, the Czech Republic, etc. Overseas consumption tax refund business in multiple countries.