Yeosu City Offers 10% Special Discount on Yeosu Sarang Gift Certificates

Cash purchases up to 500,000 KRW per month available at 65 gift certificate agency financial institutions

Paper type 17.3 billion KRW, card type 7 billion KRW special discount sales... Ends when budget is exhausted

[Yeosu=Asia Economy Honam Reporting Headquarters Reporter Choi Cheol-hoon] Jeonnam Yeosu City (Mayor Jeong Gi-myeong) announced that it will start a 10% special discount sale on Yeosu Love Gift Certificates for the second half of the year from the 1st of next month.

The target amount is a total of 24.3 billion KRW, with 17.3 billion KRW in paper-type certificates and 7 billion KRW in card-type certificates called Seomseom Yeosu Pay. The special discount sale will end once the target amount is exhausted.

The paper-type gift certificates can be purchased at 65 financial institutions that operate the gift certificates on behalf of Yeosu City within the city.

The purchase limit is 500,000 KRW per person per month, combining both paper and card types, and the discount is only available for cash payments. However, corporations receive a 2% discount within the current monthly limit of 10 million KRW.

The gift certificates can be used at about 7,000 affiliated stores within Yeosu City, including restaurants, marts, gas stations, pharmacies, and traditional markets, but usage is restricted in some sectors such as gambling and entertainment establishments.

The list of affiliated stores can be checked on the Yeosu City website, the ‘Yeosu Gift Certificate Affiliated Store’ app, or via the QR code on the back of the gift certificate using a mobile phone.

Those wishing to register as affiliated stores for Yeosu Love Gift Certificates can visit the nearest eup/myeon/dong office or apply online through the city website.

A city official said, “We expect this special discount sale to revitalize the local economy and benefit both small business owners and consumers. We will work harder to recruit affiliated stores and improve user convenience.”

Meanwhile, the city achieved sales of 15.7 billion KRW through the special discount sale of Yeosu Love Gift Certificates in the first half of this year.

Yeosu=Asia Economy Honam Reporting Headquarters Reporter Choi Cheol-hoon hss79@asiae.co.kr

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