Suncheon City-Korea Minting and Security Printing Corporation Sign Business Agreement to Promote Suncheon Sarang Gift Certificates

Signed a Business Agreement to Strengthen Cooperation Between the Two Organizations, Including the Introduction of the Suncheon Sarang Gift Certificate Integrated System

[Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Suncheon City announced on the 9th that it signed a "Business Agreement for the Activation of Suncheon Love Gift Certificates" together with the Korea Minting and Security Printing Corporation.

This business agreement was signed to establish an integrated system for Suncheon Love Gift Certificates and to strengthen cooperation between the two organizations, and it is expected to serve as a foundation for the future introduction of card-type and mobile gift certificates.

Suncheon City plans to establish and operate an integrated service system (paper-based) provided by the Korea Minting and Security Printing Corporation in July. Once the system is operational, real-time monitoring of sales and redemption status will be possible, making it easier to monitor illegal distribution.

Along with this, the city plans to introduce card-type and mobile-type Suncheon Love Gift Certificates, which can be purchased and used both online and offline, based on the integrated service system in September.

Cho Yong-man, President of the Korea Minting and Security Printing Corporation, said, "It is meaningful to visit Suncheon through this agreement, and if Suncheon City introduces mobile and card-type gift certificates following the establishment of the integrated service system provided by the Korea Minting and Security Printing Corporation, it will become more convenient for Suncheon citizens."

Heo Seok, Mayor of Suncheon City, said, "I hope this agreement will be an opportunity to revitalize the local economy and neighborhood markets through Suncheon Love Gift Certificates."

Meanwhile, Suncheon City plans to issue 50,000 KRW gift certificates and start sales from mid-June to activate the gift certificates. Since the introduction of Suncheon Love Gift Certificates in April 2018, a total of 82.1 billion KRW has been issued until June 2020, and as of the end of May, 8,655 affiliated stores have been registered.

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