10% Discount on Jungnang Sarang Gift Certificates Available Until 15 Billion KRW Sold Out
From 2 PM on the 3rd, 10% discount purchases up to 700,000 KRW per person, usable at about 9,900 ZeroPay加盟店 in the region
[Asia Economy Reporter Jongil Park] “There are many places in traditional markets that accept Zero Pay. I needed to buy rice cakes and fruits, so I wanted to purchase them at a cheaper price anyway.”
Jung Mo (53), a housewife living in Myeonmok-dong, Jungnang-gu, decided to prepare this Lunar New Year’s food using the Jungnang Love Gift Certificate.
Jungnang-gu (District Mayor Ryu Kyung-gi) announced that it will issue Jungnang Love Gift Certificates worth 15 billion KRW ahead of the Lunar New Year. Sales will start at 2 p.m. on the 3rd with a 10% discount.
The Jungnang Love Gift Certificate is a mobile gift certificate linked to Zero Pay, issued in three denominations: 10,000 KRW, 50,000 KRW, and 100,000 KRW. It can be purchased at a discount of up to 700,000 KRW per person per month through payment apps such as Beeple Zero Pay, Check Pay, and Nonghyup All One Bank.
The purchased gift certificates can be used at about 9,900 Zero Pay affiliated stores in the area, including traditional markets, restaurants, neighborhood marts, convenience stores, and hospitals. However, usage is restricted at large-scale stores, some large corporate affiliates, and franchise stores.
Detailed usage locations can be found on the Zero Pay website.
Small business owners bear no payment commission fees, and consumers can receive a 10% discount and a 30% income deduction benefit, so the sales volume is expected to be quickly exhausted.
Ryu Kyung-gi, Mayor of Jungnang-gu, said, “We hope that the issuance of this gift certificate will help restore consumer sentiment weakened by COVID-19 and revive local commercial districts. We will prepare various support policies to help small business owners and self-employed people struggling due to the difficult economy.”
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Last year, the district issued Jungnang Love Gift Certificates worth a total of 15 billion KRW in three rounds. According to usage status by industry, ▲1st place: restaurants and cafes (40%) ▲2nd place: general marts and convenience stores (38.8%), which is believed to have greatly helped increase small business sales and recover the local commercial district.
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