Geumcheon-gu Issues 6 Billion Won of 'Geumcheon G-Valley Love Gift Certificates' for Chuseok Holiday

Available for purchase from 10 AM on the 13th via the 'SeoulPay Plus' app... Monthly limit of 500,000 KRW per person, 7% discount on gift certificates

Geumcheon-gu (Mayor Yu Seong-hoon) announced on the 13th at 10 a.m. that it will issue 6 billion KRW worth of ‘Geumcheon G-Valley Love Gift Certificates’ to celebrate the Chuseok holiday.

The Geumcheon G-Valley Love Gift Certificates are mobile local currency issued to promote consumption within the region and increase sales for small business owners. They can only be used within Geumcheon-gu.

Individuals can purchase the gift certificates at a 7% discount, up to a monthly limit of 500,000 KRW per person. (For example, a 100,000 KRW gift certificate can be purchased for 93,000 KRW.) Additionally, a 30% income deduction benefit is available during year-end tax settlement.

The gift certificates can be purchased through five apps: ▲ Seoul Pay Plus (SeoulPay+) ▲ Shinhan Sol (ShinhanSol) ▲ Shinhan pLay (ShinhanpLay) ▲ Moneytree ▲ T-money Pay. They can be used at approximately 7,000 affiliated stores, excluding department stores and large retailers.

Since the Geumcheon G-Valley Love Gift Certificates are mobile local currency, usage among the elderly, who are relatively less familiar with smartphones, is low. Residents who have difficulty using the certificates can visit the district office’s Local Economy Division with their own mobile phone to receive guidance on installing the dedicated app and how to use it.

Yu Seong-hoon, Mayor of Geumcheon-gu, stated, “The issuance of Geumcheon G-Valley Love Gift Certificates for the Chuseok holiday will greatly help small business owners struggling with rising prices and economic downturn.” He added, “We hope residents will purchase the gift certificates to enjoy the discount benefits and help revitalize the local economy.”

For more details, please contact the Seoul Pay call center or the Local Economy Division of Geumcheon-gu Office.

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