Implementation of 10% Increased Discount Rate for Hapcheon Sarang Gift Certificates Sale

Hapcheon Love Gift Certificates Worth 6 Billion Won

Hapcheon County Office Building Exterior (Photo by Hapcheon County)

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Hapcheon-gun, Gyeongnam announced on the 8th that it will increase the discount rate of the Hapcheon Love Gift Certificate from the existing 5% to 10% to ensure the livelihood safety of local residents facing economic difficulties due to the novel coronavirus infection (COVID-19) and to revitalize the local economy.

This special discount is being implemented to promote sales expansion of traditional markets and small business owners, which have been stagnant for a long time, and to revitalize the local economy and overcome COVID-19.

The sales period is from the 4th to June 30th, and individuals can purchase up to a maximum of 1 million KRW (500,000 KRW in paper certificates, 500,000 KRW in mobile certificates) during the sales period.

Hapcheon-gun plans to set the sales target for Hapcheon Love Gift Certificates at 6 billion KRW this year and is expected to hold various events to achieve the target.

Currently, paper-type gift certificates are sold only at the NH Nonghyup Bank Hapcheon-gun branch, the sole sales point.

Starting from April this year, the sales agency will be expanded for the convenience of residents in the myeon areas, and mobile gift certificates can be purchased through 19 apps including the NH All One Bank app.

A county official said, “We are preparing measures such as deploying inspection teams and strengthening management and supervision to prevent illegal distribution due to the long-term 10% special discount sales,” adding, “This special discount will serve as a catalyst for revitalizing the local economy, which has been stagnant for a long time.”

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