Seodaemun-gu Issues 15 Billion Won Worth of Seodaemun Love Gift Certificates with '10% Discount'

From 10 AM on the 4th, up to 700,000 KRW per person (actual payment 630,000 KRW) purchase allowed

[Asia Economy Reporter Park Jong-il] Seodaemun-gu (Mayor Moon Seok-jin) will issue Seodaemun Love Gift Certificates worth 15 billion KRW starting at 10 a.m. on the 4th to increase sales for small business owners and revitalize the local economy.

Consumers can purchase up to 700,000 KRW per person per month (actual payment amount 630,000 KRW) at a 10% discount through the Zero Pay mobile gift certificate handling app on their smartphones.

The holding limit is 2 million KRW.

The Seodaemun Love Gift Certificates can be used at Zero Pay affiliated stores within Seodaemun-gu. Businesses wishing to handle the gift certificates can apply for affiliation through the Zero Pay website or the Korea Simple Payment Promotion Agency customer center.

If 60% or more of the gift certificate's face value is used, the remaining balance excluding the discount support fund can be refunded, and if canceled within 7 days of purchase, the full payment amount can be refunded.

Last year, the district issued Seodaemun Love Gift Certificates worth a total of 23.5 billion KRW over five rounds and sold out completely.

Mayor Moon Seok-jin said, "I ask many people to participate again this year in adding vitality to neighborhood commercial districts through the use of Seodaemun Love Gift Certificates."

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