Average spend

Refers to average value of a transaction (usually applying to Tax Free Shopping transactions) within a given entity, for example […]

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CYTD

Refers to the time period covering the Calendar Year to Date.

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Digital wallet

A digital wallet (e-wallet) is a service that allows an individual to make electronic payment transactions. A digital wallet can […]

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Early refund

The service which enables a Globe Shopper to obtain a tax refund instore, at a Global Blue lounge or at […]

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Electronic Tax Free Shopping

eTFS refers to the digitalisation of the Tax Free Shopping process, making the entire transaction smoother, more efficient and ultimately, […]

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FY

Refers to a given financial year (running 1 April – 31 March) for example, FY2018/19, which runs from 1 April […]

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Globe Shopper

‘Globe Shopper’ is a term coined by Global Blue to describe foreign visitors who view shopping as an essential part […]

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