Additional Issuance of 15 Billion Won in Gangdong Sarang Gift Certificates
Gangdong-gu, Sales Start on Mobile App from 10 AM on the 17th
[Asia Economy Reporter Park Jong-il] The Gangdong Sarang Gift Certificate, which was first issued this year and sold out in April, is making a comeback.
Gangdong-gu (Mayor Lee Jeong-hoon) will start selling the Gangdong Sarang Gift Certificate (mobile) from 10 a.m. on the 17th to revitalize the local economy, which has been weakened by the novel coronavirus infection (COVID-19).
The Gangdong Sarang Gift Certificate is a local love gift certificate that can only be used at Zero Pay affiliated stores within the region and is restricted from use at large stores or gambling-related businesses, greatly helping to increase sales for local small business owners.
Sales began on January 15 this year with a scale of 10 billion KRW, and early sell-out was achieved due to enthusiastic response from residents.
Following continuous requests from residents for additional issuance and to revive the local commercial district weakened by COVID-19, an additional issuance of 15 billion KRW will be made, and sales will begin with a permanent 7% discount applied.
The Gangdong Sarang Gift Certificate can be purchased and used through 11 mobile apps. If more than 80% of the purchased amount is used, a refund for the remaining amount is possible.
The validity period of the gift certificate is within 5 years from the date of purchase. The purchase limit per person applying the 7% discount rate is 1 million KRW until July 31, and 700,000 KRW from August 1. The monthly holding limit per person, including gift certificates, is 2 million KRW.
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Lee Jeong-hoon, Mayor of Gangdong-gu, said, “I ask everyone to actively use the Gangdong Sarang Gift Certificate, which is a great help to small and medium-sized business owners struggling due to COVID-19. The district will continue to do its best to support small business owners and revitalize the local economy.”
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