Jindo-gun 'Arirang Gift Certificate' Sold at 10% Discount... Expected to Revitalize Local Economy
[Asia Economy Honam Reporting Headquarters Reporter Kim Hyun] Jindo County announced on the 12th that it will sell 5 billion won worth of Jindo Arirang gift certificates at a 10% discounted price to revive the local economy, which has been stagnant due to COVID-19.
During this discount period, the 'Jindo Arirang gift certificates' can be purchased up to 700,000 won per month and 6 million won per year, with the discount rate increased from the previous 5% to 10%.
The certificates can be purchased at 18 financial institutions within the county (excluding post offices) with an ID, and minors under the age of 19 are not allowed to purchase them.
They can be used like cash at 1,235 affiliated stores within the county, including restaurants, marts, academies, hospitals, and pharmacies, which display the designated 'Jindo Arirang gift certificate' sticker.
In particular, if more than 70% (80% for 10,000 won) of the purchase amount is used, change can be received, and cash receipts will also be issued.
Affiliated store owners can accept the gift certificates like cash without bearing card or registration fees and exchange them at nearby financial institutions at face value.
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A Jindo County official said, "We hope that the special discount sale of 5 billion won worth of Jindo Arirang gift certificates will support local small business owners whose sales have decreased due to COVID-19 and contribute to revitalizing the local economy."
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