Seoul Gangseo-gu to Issue 10 Billion Won in 'Special Support Vouchers for Commercial Area Recovery' on the 13th
Purchases Available at a 10% Discount Until 10 Billion KRW Issuance Exhausted... Usable at Over 20,000 ZeroPay Merchants in the Region
[Asia Economy Reporter Jong-il Park] Gangseo-gu, Seoul (Mayor Noh Hyun-song) will issue a 10 billion KRW scale ‘Commercial District Recovery Special Support Gift Certificate’ starting at 4 PM on the 13th.
The purpose is to help increase sales for local small business owners who face concerns of commercial district contraction and sales decline due to strengthened social distancing measures despite the year-end season.
The Gangseo-gu Commercial District Recovery Special Support Gift Certificate can be used at Zero Pay affiliated stores within the district and can be purchased at a 10% discount up to 500,000 KRW per person per month. A 10% payback on the payment amount, up to 20,000 KRW per month, is also provided (limited to the first 2 billion KRW). The usage period is six months from the purchase date.
The gift certificates can be purchased through 21 mobile apps including ▲Beeple Zero Pay ▲Money Tree ▲Check Pay ▲fint ▲PAYCO ▲Fink ▲T-money Pay ▲Nonghyup All One Bank, among others.
Eligible stores include approximately 20,000 Zero Pay affiliated stores in Gangseo-gu such as restaurants, beauty salons, pharmacies, convenience stores, etc. These can be checked via the Zero Pay affiliated store finder app service ‘Z-MAP app’ or the ‘Zero Pay website - Zero Pay Introduction - Find Affiliated Stores’. However, in line with the purpose of supporting small business owners, the gift certificates cannot be used at large-scale stores, franchise directly operated stores run by large or medium-sized enterprises, or entertainment and gambling businesses.
Unused gift certificates can be fully refunded if canceled within 7 days from the purchase date. If more than 60% of the face value is used, the remaining balance excluding the discount support fund will be refunded.
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A district official stated, “We hope this gift certificate issuance will provide practical help to local residents and small business owners who are having a difficult year-end due to the prolonged COVID-19 pandemic,” and added, “We will continue to implement various support measures to revitalize the local economy.”
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