Additional Issuance of 5 Billion Won in 'Guro Sarang Gift Certificates'

Sales Begin at 10 AM on the 16th via Mobile Payment App with 7% Discount... Usable at Over 7,700 Stores... 80% Income Deduction for This Month's Usage

[Asia Economy Reporter Jongil Park] Guro-gu will issue an additional 5 billion KRW worth of ‘Guro Sarang Gift Certificates’ on the 16th.

On the 13th, Guro-gu announced that it will issue additional Guro Sarang Gift Certificates to revitalize the local economy, which has been depressed due to the prolonged COVID-19 pandemic, and to strengthen residents’ purchasing power.

This additional issuance is the second issuance following the early sell-out of 5 billion KRW worth of Guro Sarang Gift Certificates sold in April.

The Guro Sarang Gift Certificates are issued in three denominations: 10,000 KRW, 50,000 KRW, and 100,000 KRW. They can be used at over 7,700 Zero Pay affiliated stores within the region, and the usage period is five years from the date of issuance.

A 7% discount rate is applied, and the purchase limit per person is 1 million KRW until the 31st of this month, and 700,000 KRW per month from next month. An 80% income deduction benefit is also provided for usage until the end of this month.

Purchases can be made from 10 a.m. via 12 mobile payment apps including Beeple Zero Pay, Check Pay, Money Tree, Busan Bank, Daegu Bank, Gyeongnam Bank, Jeonbuk Bank, Gwangju Bank, Nonghyup, Fint, Payco, and Fink. From the 19th, purchases will also be available on the T-money Pay app.

Meanwhile, Guro-gu has distributed affiliate stickers to stores where Guro Sarang Gift Certificates can be used. Residents can easily check whether the gift certificates are accepted, and affiliated stores can benefit from promotional effects.

A Guro-gu official stated, “We hope that the additional issuance of Guro Sarang Gift Certificates will lead to increased consumption within the region,” and added, “We will prepare various support measures to revive the local economy, which has been stagnant due to COVID-19.”

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