Additional Issuance of Gwangjin Sarang Gift Certificates

Early Sellout of April 'Gwangjin Sarang Gift Certificates' Followed by Additional Issuance Starting April 20... Available for Purchase at a 10% Special Discount Until June 30

[Asia Economy Reporter Jongil Park] Gwangjin-gu (Mayor Kim Seon-gap) has started issuing additional 'Gwangjin Love Gift Certificates' from the 20th to revitalize the local economy, which has been stagnant due to COVID-19, and to promote consumption.

The district issued 5 billion KRW worth of Gwangjin Love Gift Certificates in April, which sold out early. To ease the economic burden on residents and invigorate local businesses, an additional 3.5 billion KRW worth of Gwangjin Love Gift Certificates will be issued this time.

The 'Gwangjin Love Gift Certificate' is a mobile gift certificate usable at Zero Pay affiliated stores within Gwangjin-gu. It comes in three denominations: 10,000 KRW, 50,000 KRW, and 100,000 KRW. It can be easily purchased by installing payment apps such as Beeple Zero Pay, Check Pay, and Money Tree.

Furthermore, regardless of the area of residence, anyone can purchase with a special 10% discount benefit up to a monthly limit of 1 million KRW per person until June 30. However, the offer may end early if the budget is exhausted.

Along with this, the district is also conducting a Pay Back event that refunds 10% of the total payment amount in Gwangjin Love Gift Certificates to promote their use. It is available from a minimum usage amount of 100,000 KRW, and up to 50,000 KRW can be received per person.

To provide Pay Back benefits to more consumers, the district secured 400 million KRW in funds through a second supplementary budget on the 18th.

The Gwangjin Love Gift Certificates can be used at about 5,700 Zero Pay affiliated stores in the area, including academies, convenience stores, and restaurants, and are valid for five years. However, in line with the purpose of introducing the gift certificates to expand local consumption and increase sales for small business owners, they cannot be used at large supermarkets, department stores, large corporate contractors and franchises, gambling establishments, entertainment businesses, etc., even if they are Zero Pay affiliated stores.

For more details, please refer to the district website notices or contact the Gwangjin-gu Office Regional Economy Division (☎450-7314).

Mayor Kim Seon-gap said, “Thanks to the enthusiastic support of many people, we were able to achieve early sell-out of the Gwangjin Love Gift Certificates in April. We will do our best to revitalize the local economy, which has been shrinking due to COVID-19, through this additional issuance of the Gwangjin Love Gift Certificates.”

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