Seoul City "Increases Discount Rate for Seoul Sarang Gift Certificates and Adds Cashback"

[Asia Economy Reporter Yoo Hyun-seok] The Seoul Metropolitan Government announced on the 22nd that from the 23rd of this month until the end of July, the discount rate for Seoul Sarang Gift Certificates issued by 18 autonomous districts will be increased by 5 percentage points to 15%, and an additional 5% cashback will be provided until the 21st of next month.

However, the total amount is limited to 50 billion KRW, so it may sell out early. Consumers who want to purchase Seoul Sarang Gift Certificates issued by each autonomous district can buy them using Zero Pay payment and usage apps such as Beeple Zero Pay, Check Pay, and Money Tree. Seoul Sarang Gift Certificates issued by each district can be used within that district.

The cashback event accumulates 5% of the payment amount each time a payment is made with Seoul Sarang Gift Certificates through Zero Pay apps, and after the event ends, up to 50,000 KRW per payment app will be refunded in cash.

Since the 20th of last month, Seoul has raised the monthly per-person discount purchase limit for Seoul Sarang Gift Certificates from 500,000 KRW to 1,000,000 KRW. Seoul also added that a 60% income deduction benefit is provided for Seoul Sarang Gift Certificate usage from March to June. There are approximately 180,000 Zero Pay affiliated stores in Seoul.

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