Digital Everything…Everywhere

From the smallest personal items to the largest continents, everything, everywhere will be digitally connected, and responsive to our wants and likes. For a look ahead, Thomson Reuters analysts consulted the Web of Science and Derwent World Patents Index to identify rapid progress and emergent trends in scientific research and technological innovation, gauging the advances most likely to affect health and the quality of life in the next decade. Download the full report.

Source: sciencewatch.com

Alibaba’s Alipay Ups Convenience Factor For Traveling Chinese Shoppers

For China’s international shoppers, who reportedly make 27 percent of all tax-free purchases in the world, buying overseas just became easier. Swiss tourism shopping tax refund company Global Blue announced yesterday its collaboration with Chinese e-commerce giant Alibaba’s payment system Alipay, allowing shoppers to receive value-added tax (VAT) refunds directly into their Alipay accounts.
 

According to Global Blue data, travelers from China are the biggest spenders in Europe, spending an average of 10,773 euros ($14,670) per trip. Global Blue’s partnership with Alipay will allow Chinese tourists to avoid the hassle of having to fill out forms to claim VAT back at tax-refund kiosks when they shop at Global Blue partners, as the card with their details does that for them. Shoppers will receive a pre-completed tax-refund form upon purchase, which when turned in and processed, will allow the refund to be deposited into their Alipay accounts.

Read more here… 

Source: jingdaily.com

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