Gangnam Sarang Gift Certificate Up to 15% Special Discount

Published on the 28th: Reviving Local Economy Shrunk by COVID-19 ... 0% Payment Fees for Small Business Owners, 60% Income Deduction Benefits

[Asia Economy Reporter Park Jong-il] Gangnam-gu (District Mayor Jung Soon-gyun) will sell the ‘Gangnam Love Gift Certificate’ at a special 15% discount starting from the 28th to revitalize the local economy, which has been weakened by COVID-19, and to help increase sales for small business owners.

The Gangnam Love Gift Certificate is a mobile gift certificate that can be used like cash at Zero Pay affiliated stores such as traditional markets, academies, restaurants, hospitals, pharmacies, convenience stores, marts, and beauty salons within the district. Small business owners are fully exempt from payment fees. Residents who use the gift certificate will receive a temporary 60% income deduction benefit until June.

The district applies a 15% special discount on a first-come, first-served basis, selling at a 10% discount until June 30, and applying the basic 7% discount rate after July.

The gift certificates come in three denominations: 10,000 won, 50,000 won, and 100,000 won, with a monthly purchase limit of 1 million won per person, and can be used for up to five years after purchase.

If 60% or more of the face value of the gift certificate is used (80% or more for the 10,000 won certificate), the remaining balance can be refunded. If the consumer requests a refund within 7 days without using the purchased gift certificate, a full refund will be provided.

The Gangnam Love Gift Certificate can be purchased by anyone regardless of their address through ▲Zero Pay simple payment apps (Beeple Zero Pay, Check Pay, Money Tree) and ▲bank apps (NongHyup All One Bank, Gyeongnam Bank To You Bank, Busan Bank Some Bank, Daegu Bank IM Shop, Gwangju Bank Personal Bank, Jeonbuk Bank New Smart Bank).

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