utu Acquires CardsPal in $33 Million Deal to Revolutionize Global Tax-Free Shopping
The travel industry has rebounded after the pandemic, with the World Travel and Tourism Council (WTTC) forecasting a recovery to 95% ($9.5 trillion) of pre-pandemic levels by 2023. But, the tax-free shopping sector has lagged behind in innovation, and the high cost of refund processing has limited the benefits
The travel industry has rebounded after the pandemic, with the World Travel and Tourism Council (WTTC) forecasting a recovery to 95% ($9.5 trillion) of pre-pandemic levels by 2023.
But, the tax-free shopping sector has lagged behind in innovation, and the high cost of refund processing has limited the benefits for travellers.
