Seocho-gu Issues First Gift Certificates for Delivery App 'Seocho Ttaenggyeoyo'

Seocho-gu Issues First Delivery App ‘Seocho Ttaenggyeoyo’ Gift Certificates... Business Agreement Signed on the 6th

District Signs Business Agreement with Shinhan Bank on the 6th to Operate Seocho-type Public Delivery App ‘Seocho Ttaenggyeoyo’

District to Issue Total of 4 Billion KRW ‘Seocho Ttaenggyeoyo Gift Certificates’ Starting from the 10th, Reducing Merchant Commission Fee to 2%, Consumers Can Use Restaurants at 15% Discount

Jeon Seong-su, Seocho-gu Mayor, “We hope this becomes a win-win coexistence platform for both small business owners and consumers”

Seocho-gu (Mayor Jeon Seong-su) signed a strategic business agreement with Shinhan Bank on the 6th at the 5th-floor conference room of Seocho-gu Office to operate the Seocho-type public delivery app ‘Seocho Ttaenggyeoyo’.

‘Seocho Ttaenggyeoyo’ is a public delivery app utilizing Shinhan Bank’s ‘Ttaenggyeoyo’ platform. It is a delivery app service operated by Seocho-gu in cooperation with Shinhan Bank to reduce the burden on small business owners caused by high advertising fees and commission fees of private delivery apps.

On this day, Seocho-gu Mayor Jeon Seong-su said, “We hope ‘Seocho Ttaenggyeoyo’ becomes a win-win coexistence platform for both small business owners and consumers,” adding, “We will continue to create policies that add value to residents’ lives by combining the strengths of companies and local governments.”

Through this business agreement, Shinhan Bank will operate the ‘Seocho Ttaenggyeoyo’ platform with the industry’s lowest commission fee of 2%, as well as a ‘three no’s’ (no advertising fees, no monthly fixed fees, no entry fees) service. Seocho-gu will issue ‘Seocho Ttaenggyeoyo Gift Certificates’ so that residents can use restaurants at a 15% discounted price.

Shinhan Bank’s ‘Ttaenggyeoyo’ was selected as an innovative financial service by the Financial Services Commission in 2020 and is recognized as a delivery app that combines expertise with strong public interest. It also offers fast settlement with same-day deposits and provides specialized loan products for merchants and riders, receiving great responses.

Additionally, to commemorate the launch of the ‘Seocho Ttaenggyeoyo’ service, local merchants will be provided with up to 400,000 KRW in ‘Owner Support Funds’ to enable marketing through issuing their own coupons.

Along with this, the district will issue ‘Seocho Ttaenggyeoyo Gift Certificates’ totaling 4 billion KRW, the largest issuance scale ever, by the end of the year to increase consumer benefits. The first issuance of the ‘Seocho Ttaenggyeoyo’ gift certificates on the 10th can be purchased at a 15% discount up to 200,000 KRW per person through Shinhan Bank’s ‘SOL’ and ‘SeoulPay+’. Starting in August, they will be issued on the 1st of every month (or the next business day if it falls on a holiday). The issued gift certificates can be used via the ‘Ttaenggyeoyo’ app.

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