Gangbuk-gu Issues 7 Billion Won Worth of Gangbuk Love Gift Certificates for Chuseok
Available for purchase on 5 apps including Seoulpay+ at 10 AM on the 14th... 7% discount rate, purchase limit 500,000 KRW
Gangbuk-gu, Seoul (Mayor Lee Soon-hee) will issue Gangbuk Love Gift Certificates worth 7 billion KRW starting at 10 a.m. on the 14th to celebrate the Chuseok holiday.
The purchase limit is 500,000 KRW per person per month, and the certificates can be purchased through five major applications: ▲Seoulpay+ ▲ShinhanSOL ▲Tmoney Pay ▲Moneytree ▲Shinhan play. The discount rate is 7%, and the holding limit is up to 1.5 million KRW. Corporations can purchase freely without limits, but the discount rate does not apply.
The purchased gift certificates can be used at 7,389 Seoulpay affiliated stores within Gangbuk-gu, but usage is restricted at large-scale stores, directly operated stores of large corporations, and academies with annual sales exceeding 1 billion KRW. Also, if more than 60% of the face value is used, refunds can be made for the remaining balance excluding the discount support amount.
Meanwhile, the district issued Gangbuk Love Gift Certificates worth 12 billion KRW for the Lunar New Year in January and 5 billion KRW for Family Month in April. Around October, an additional supplementary budget will be secured to issue an additional 16 billion KRW worth of Gangbuk Love Gift Certificates.
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Lee Soon-hee, Mayor of Gangbuk-gu, said, “We are issuing Gangbuk Love Gift Certificates to help recover the local commercial district, promote consumption within the region, and increase sales for small business owners. We plan to issue additional gift certificates with the district’s own budget around October, so we hope residents will also participate in revitalizing the local economy.”
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