10% Discount on 15 Billion Won Scale 'Gwangjin Sarang Gift Certificates' Issued

Available for purchase at a 10% discounted price from 10 AM on the 3rd

[Asia Economy Reporter Jongil Park] Gwangjin-gu (District Mayor Kim Seon-gap) will issue the first batch of the year of the "Gwangjin Love Gift Certificate" at 10 a.m. on the 3rd to support small business owners struggling due to the prolonged COVID-19 pandemic.

The Gwangjin Love Gift Certificate is a mobile gift certificate usable at Zero Pay affiliated stores within Gwangjin-gu. Last year, the district issued a total of 23.5 billion KRW in three rounds, which sold out early thanks to the enthusiastic response from small business owners and residents.

This year, the issuance scale will be expanded by 6.5 billion KRW from last year's 23.5 billion KRW to a total of 30 billion KRW. On the 3rd, 15 billion KRW will be issued, with an additional 15 billion KRW planned for issuance in the second half of the year.

The gift certificates issued this time will be sold at a special 10% discount to activate local consumption ahead of the Lunar New Year holiday. The denominations available are three types: 10,000 KRW, 50,000 KRW, and 100,000 KRW.

Anyone can purchase up to 700,000 KRW per person per month regardless of their place of residence, and by installing any of the 15 payment apps such as Beeple Zero Pay and Check Pay, they can easily purchase and use the certificates.

Corporations can purchase without limit on the Zero Pay mobile gift certificate website.

The Gwangjin Love Gift Certificate can be used at most of the approximately 9,140 Zero Pay affiliated stores in the area. However, in line with the purpose of expanding local consumption and increasing sales for small business owners, it cannot be used at large supermarkets, department stores, gambling establishments, entertainment businesses, and similar places.

Additionally, starting from March this year, usage will be restricted at large corporation-affiliated movie theaters, general and foreign language entrance exam academies with annual sales exceeding 1 billion KRW, and franchise directly operated stores run by large and medium-sized enterprises.

Mayor Kim Seon-gap said, "Thanks to the residents leading local consumption with the Gwangjin Love Gift Certificate issued last year, it has greatly contributed to revitalizing the local economy. Both self-employed and small business owners are going through difficult times due to the prolonged COVID-19 pandemic. We will breathe new life into neighborhood commercial districts through the expanded issuance of the Gwangjin Love Gift Certificate this year."

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