Stamp

Stamp is a platform that facilitates tax-free shopping for international tourists. The company partners with retailers to allow these shoppers to purchase goods without paying the Value Added Tax (VAT) at the point of sale, rather than going through a cumbersome refund process later.

For consumers, the service offers a more straightforward and immediate way to realize tax savings. By using the Stamp service, shoppers can pay the net price in-store and use a payment card as a guarantee for customs validation. This model eliminates the need for upfront VAT payment and subsequent refund claims.

For businesses, Stamp provides a way to attract more international customers by offering a "city duty-free" experience. This can increase sales from a high-spending demographic. The company appears to operate on a B2B2C model, integrating with retailers to offer its service to their customers. It likely generates revenue through service fees charged to either the retailer or the consumer for the convenience provided.

Keywords: tax-free shopping, VAT refund, retail tech, travel retail, fintech, duty-free, international shoppers, point of sale, consumer finance, cross-border payments