Guro-gu Issues 'Guro Sarang Gift Certificates' Worth 18 Billion KRW

From 2 PM on the 4th, available on 17 mobile payment apps including Bple Zero Pay and Shinhan SOL... 10% discount, 30% income deduction benefits... Usable at 10,313 affiliated stores in the region

[Asia Economy Reporter Jong-il Park] Guro-gu (Mayor Lee Seong) will issue 'Guro Love Gift Certificates' worth 18 billion KRW on the 4th.

Guro-gu announced on the 1st, "We are selling the local currency 'Guro Love Gift Certificates' to boost residents' spending power and revitalize the stagnant local economy."

'Guro Love Gift Certificates' are Zero Pay-linked mobile gift certificates issued in three denominations: 10,000 KRW, 50,000 KRW, and 100,000 KRW. They can be used at 10,313 Zero Pay affiliated stores within the district, excluding large supermarkets and department stores.

This issuance applies a 10% discount rate, and an additional 30% income deduction benefit is given at the time of payment. Individuals can purchase up to 700,000 KRW per month and hold up to 2 million KRW. The usage period is 5 years from the date of purchase.

Purchases can be made from 2 PM on the 4th through 17 mobile payment apps including Beeple Zero Pay, Check Pay, Money Tree, Fint, Payco, T-money Pay, Seulbaesaeng, 010 Zero Pay, Ubi Pay, Fink, Shinhan SOL, Nonghyup, Busan Bank, Daegu Bank, Gyeongnam Bank, Jeonbuk Bank, and Gwangju Bank.

The Guro Love Gift Certificates were previously issued in April, July, and September last year with a total amount of 13.5 billion KRW (5 billion KRW, 5 billion KRW, and 3.5 billion KRW respectively), all of which sold out early in all three rounds.

A Guro-gu official stated, "We will continue to make efforts to prepare support measures for small business owners and self-employed people who are struggling due to COVID-19."

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