Jinju City Issues 6 Billion Won Worth of Jinju Love Gift Certificates for Family Month

Help for Small Business Owners, Discount Benefits for Consumers

Jinju Love Gift Certificate [Image Source=Jinju City]

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Jinju City, Gyeongnam Province, announced on the 30th that it will issue an additional 6 billion KRW worth of Jinju Love Gift Certificates to revitalize the local economy, which has been struggling due to the novel coronavirus infection (COVID-19).

Following the early issuance of 8 billion KRW last year and 10 billion KRW in January this year, the city will issue 1 billion KRW in paper certificates and 5 billion KRW in mobile certificates at a 10% discount in May to celebrate Family Month.

The Jinju Love Gift Certificates, issued to protect small business owners by preventing capital outflow and to revitalize the local economy, are planned to be issued in a total amount of 25 billion KRW this year.

The Jinju Love Gift Certificates can be purchased in two forms: paper and mobile. Paper certificates can be purchased by bringing an ID to nearby Nonghyup branches (including NH Nonghyup Bank, Livestock Cooperatives, Wonhyup, and local Nonghyup branches) and can be used at about 4,500 affiliated stores.

Mobile gift certificates can be purchased through Zero Pay apps such as Beeple Zero Pay and All One Bank, and can be used at about 7,000 affiliated stores. Each individual can purchase up to 300,000 KRW per month for each type.

In particular, the mobile Jinju Love Gift Certificate can also be used for payment on the Jinju-type delivery app launched in early April, which is expected to help small business owners struggling due to COVID-19 by promoting non-face-to-face payments.

Mayor Jo Gyu-il said, “The Jinju Love Gift Certificate reduces the burden on small business owners and offers discounts to consumers,” adding, “We ask that people follow quarantine rules when purchasing or paying with the gift certificates, and actively use the Jinju-type delivery app that supports online payments via mobile gift certificates.”

A city official stated, “To establish a sound distribution order, we plan to thoroughly inspect for illegal distribution, so we ask affiliated stores to comply with the regulations.”

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