Eurostop customers set to boost sales as they offer tax free shopping for overseas visitors
Online PR News – 10-April-2013 – London, England – Eurostop, a leading supplier to the fashion, footwear and lifestyle sectors has partnered with Tax Free Worldwide to provide fully integrated processing of tax free transactions for eligible customers. Using the retailer’s existing POS system, the system calculates the refund, processes the transaction quickly, and reduces paperwork. This makes tax free shopping much easier for both the customer and the retailer, ultimately increasing sales potential.
The new system is able to recognise the nationality of the shopper from the credit card and apply the appropriate rules accordingly. It automatically calculates the VAT, the refund due, and the administration fee, and details the SKU/product information on the Tax Refund form. Additionally, the form can be printed with the Retailer’s logo, so boosting brand awareness. Cash purchases can also be processed tax free for eligible customers.
Details of all transactions are available for comprehensive reporting allowing the Retailer to see tax free sales revenue and nationality of shopper by store, month and year. They can analyse the sales data for example by number of transactions, average amount per transaction, highest purchase amount, and many other criteria. Reports can be generated automatically and circulated to appropriate staff electronically.
Raoul Defant, Group Marketing Manager at Tax Free Worldwide said; “Tax Free Worldwide helps retailers simplify and enhance their business by implementing an easy to use refund system that reduces paperwork and speeds up processes.
“This results in more transactions, less effort and greater income through dealing with eligible customers. We are delighted to be working with Eurostop to provide these benefits to their customers.”
Phillip Moylan, Sales & Marketing Manager at Eurostop commented; “Eurostop is dedicated to making our customers lives easier, but providing as much automation within our system as possible. Providing tax free shopping to overseas visitors is a great way for retailers to boost their sales within a particularly lucrative market.”
NOTES TO EDITORS
About Tax Free Worldwide
Tax Free Worldwide is an international financial services company specialising in value added tax (VAT) refund services for shoppers and retailers. Tax Free Worldwide is the third-largest company in the world in this sector, and is the market’s fastest growing. With innovative technology it offers the most advanced services on the market today at competitive rates.
For more information please visit: www.taxfreeworldwide.com
Founded in 1990, with operations in London, Singapore and Shanghai, Eurostop provides complete solutions for Retail Management for the Fashion, Footwear and General Merchandise sectors encompassing both hardware and software.
Eurostop’s flagship products consist of:
e-rmis: A suite of head office management applications.
e-pos: EPOS system for standalone shops, concessions and franchises that can be easily integrated with e-rmis for larger users.
m-pos: a mobile version of e¬ pos enables sales transactions and stock enquires from anywhere within the store. When combined with Express Checkout can help to manage queues at busy times.
e-commerce: Custom e commerce solutions for Independent retailers that provides a hosted and fully integrated service.
m-commerce: a single point for managing all e-commerce and m-commerce operations. m-commerce uses fluid layout and responsive design principals so that the website is automatically optimised to fit any screen size
e-data: The collection of tenants’ data from Shopping Malls for multi-purpose use.
e-cubes: Data Mining. A bespoke reporting tool which allows the slicing and dicing of data as well as selective publication of results and graphical representation.
e-time: The capture of staff working hours which aids in monitoring both stores’ and staff performances and productivity.
e-fulfilment: Intelligent optimisation of e-commerce orders for multi-channel retailers.
Paperless Receipts: Receipts by email
Mobile and Online Coupons: Coupons and gift vouchers redeemable in store by smartphone.
All Eurostop’s solutions can be fully integrated with other management and business systems, and all major ERP systems.
As well as advising on and supplying suitable hardware, Eurostop also undertakes training, support and custom development. Its systems are available in several different languages including Chinese.
Eurostop has accreditation for Chip and PIN solutions, and together with partner Anderson Zaks provides a Chip and PIN managed service.
High profile customers include: Ann Summers, Ben Sherman, Cult Clothing, Daks, Firetrap, Full Circle, Ghost, Joseph, Joy, Long Tall Sally, Matches, Oliver Sweeney, Paul & Joe, Pavers Shoes, Pentland Brands Plc, Punkyfish, Sonneti, Speedo, Trespass and many more.
For more information visit: www.eurostop.co.uk or contact:
Tel: 020 8991 2700
PR Artistry Limited
Tel: 01491 639500