Yongin City Offers Up to 30,000 KRW Incentive for Using Local Currency in December

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Yongin City in Gyeonggi Province will hold a special event in December to provide incentives of up to 30,000 KRW for 'Yongin Pay' to support the recovery of daily life from COVID-19.

Yongin City announced on the 30th that from December 1st until the budget is exhausted, the recharge limit for Yongin Pay incentive payments will be increased from 150,000 KRW to 300,000 KRW, and the incentive will also be expanded to a maximum of 10%, or 30,000 KRW.

If you recharge 300,000 KRW, you will receive a benefit of up to 30,000 KRW, totaling 330,000 KRW to use, and if you recharge 400,000 KRW, you will receive a 30,000 KRW benefit, accumulating 430,000 KRW for use.

The city stated that even if this special event ends early, the maximum incentive amount will be maintained at 30,000 KRW.

Through an additional event, the city plans to provide a 6% incentive of 30,000 KRW when recharging up to 500,000 KRW.

A city official said, "This event is expected to contribute to revitalizing the local economy by supporting COVID-19 daily life recovery, providing consumer discount benefits during the year-end and New Year holidays, enhancing consumer welfare, and stabilizing small business management."

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