Naju-si, Complete Abolition of Paper Revenue Stamps... Introduction of Electronic Payment

[Naju=Asia Economy Honam Reporting Headquarters Reporter Kim Yukbong] Naju City, Jeollanam-do (Mayor Kang In-gyu) completely abolished revenue stamps, which had been used as a payment method for various fees, as of the 24th.

According to the city on the 28th, paper revenue stamps are securities issued by local governments in the 1950s to pay civil service fees in cash.

They have been used for decades to pay various civil service fees such as certification and permits, and even after the spread of authentication devices and credit cards, they were still used in some civil service processes.

The city decided to abolish paper revenue stamps due to the rapid decline in their use caused by the digitization of civil service tasks and the inconvenience that citizens had to visit sales offices to purchase revenue stamps.

Payments for various civil service fees can now be conveniently made through electronic revenue stamps issued via existing authentication devices and civil service issuance systems, using credit/debit cards, cash, and electronic payment systems.

Citizens and institutions wishing to redeem unused paper revenue stamps after purchase can visit the city hall tax department with their ID, bankbook copy, and revenue stamps by June 30 of next year.

Kim Kyung-sook, head of the tax department, said, “Through the improvement of the revenue stamp system, we expect to reduce the inconvenience of purchase and storage for civil service users and enhance payment transparency by preventing damage, forgery, and reuse.”

Naju=Asia Economy Honam Reporting Headquarters Reporter Kim Yukbong bong2910@asiae.co.kr

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