Mandatory Registration of 'Pohang Sarang Gift Certificates' Merchants ... Payment Restrictions from July

Pohang City Hall.

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongguk Lee] Pohang City, Gyeongbuk, has urged merchants who are operating as affiliated stores without registering as affiliated stores for the local currency ‘Pohang Sarang Gift Certificate’ to complete the ‘Pohang Sarang Gift Certificate Affiliated Store Registration and Application’ by the end of June.

This is because the ‘Act on the Promotion of Local Love Gift Certificates’ was amended and enforced from April 20, making it mandatory nationwide to register affiliated stores starting in July, and from July 1, payment with Pohang Sarang Gift Certificates will be restricted at unregistered affiliated stores.

Until now, businesses that had signed an affiliation contract with BC Card could accept Pohang Sarang Card payments without separate affiliated store registration, but from next month, payments at unregistered affiliated stores will also be restricted.

The city is encouraging affiliated store registration by sending guidance messages to unregistered affiliated stores for individual encouragement, and will operate an education and grace period until June 30.

Unregistered Pohang Sarang Gift Certificate businesses can easily apply online for affiliated store registration through the Pohang City website or the IM# Mobile app by 6 p.m. on the 30th, and can also apply by visiting the nearest eup/myeon/dong administrative welfare center.

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