Local Currency 'Seongbuk Sarang Gift Certificate' Issued for 3 Billion Won

Consumers Benefit from Discounted Purchases, Small Business Owners Expect Sales Increase...Total Issuance of 3 Billion KRW, Up to 500,000 KRW Purchase per Person per Month

[Asia Economy Reporter Jong-il Park] Seongbuk-gu (Mayor Lee Seung-ro) will issue Seongbuk Love Gift Certificates worth 3 billion KRW from the 17th in three denominations: 10,000 KRW, 50,000 KRW, and 100,000 KRW, to support small business owners through consumption promotion.

Individual consumers who wish to purchase can buy up to 500,000 KRW worth of gift certificates per month at a constant 7% discount, and during the initial issuance period, they can enjoy a 10% discount, so consumers who want to purchase are advised to act quickly.

Corporate consumers can purchase in bulk without discounts through the website (b2b.zeropaypoint.or.kr).

The gift certificates can be purchased or gifted by installing the dedicated applications CheckPay, MoneyTree, BizPlay, NongHyup AllOne Bank, or the apps of Gyeongnam, Busan, Daegu, Gwangju, and Jeonbuk banks.

The usage method is the same as the Zero Pay payment method. Consumers scan the QR code installed (posted) at Zero Pay affiliated stores with the camera of a simple payment app on their phones, enter the amount, and make the payment, or show their consumer QR code and have the store scan it to complete the payment.

The gift certificates can be used at Zero Pay affiliated stores within Seongbuk-gu, but as this is a policy to support small business owners, large supermarkets, department stores, some large franchise stores, entertainment and luxury businesses are excluded.

Seongbuk Love Gift Certificates, the first local currency issued by Seongbuk-gu, are expected to play a significant role in creating a virtuous cycle of regional economic revitalization through increased sales and job creation.

Affiliated stores can be checked through the Zero Pay website (https://www.zeropay.or.kr) and portal sites.

For detailed inquiries about Seongbuk Love Gift Certificates, contact Seongbuk-gu Office Job and Economy Division (☎2241-3962).

This content was produced with the assistance of AI translation services.