Junggi Distribution Center Introduces Zero Pay at 'Haengbokhan Department Store' View original image


[Asia Economy Reporter Kim Daeseop] The Small and Medium Business Distribution Center announced on the 9th that it will introduce Zero Pay at Haengbokhan Department Store.


Zero Pay is a method where consumers scan a QR code using a bank application or a simple payment app, and the amount is transferred from the consumer's account to the seller's account. Consumers receive a 30% income tax deduction benefit.


For small business owners and SMEs, it reduces the burden of card payment fees by eliminating the need for intermediary payment companies. When consumers use Zero Pay, there is no need to issue a separate cash receipt due to automatic processing of electronic receipts by the National Tax Service. It is also possible to accumulate Happy Bonus points operated by Haengbokhan Department Store.



Jung Jinsoo, CEO of the Small and Medium Business Distribution Center, said, "We will continue to expand functions to promote the activation of Zero Pay at Haengbokhan Department Store, which serves as a public sales channel for small businesses and SMEs," adding, "We will do our best to ensure customers can conveniently use the Zero Pay service."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing