Eunpyeong-gu and Shinhan Bank Public Delivery App 'Ttaenggyeoyo' Business Agreement

Kim Mi-kyung, Mayor of Eunpyeong District (right in the photo), and Jeon Pil-hwan, Vice President of Shinhan Bank, signed a business agreement related to the public delivery app on the 20th. (Photo by Eunpyeong District)

Eunpyeong-gu, Seoul (Mayor Kim Mi-kyung) announced on the 21st that it signed a business agreement with Shinhan Bank on the 20th to operate the ‘Eunpyeong-type Public Delivery App’.

‘Eunpyeong-gu Ttaenggyeoyo’ is a public delivery app utilizing Shinhan Bank’s ‘Ttaenggyeoyo’ platform, a delivery app participating in Seoul’s Seoul Delivery+ program. To reduce the burden of high advertising fees and brokerage commissions of private delivery apps on small business owners, Eunpyeong-gu operates it in a public-private partnership with Shinhan Bank.

According to this agreement, stores registered on ‘Eunpyeong-gu Ttaenggyeoyo’ will receive a 3-no (no) service from Shinhan Bank, including a low brokerage commission of 2%, which is the lowest in the industry, no advertising fees, no monthly fixed fees, and no registration fees. In addition, to commemorate the public delivery app agreement, franchisees will also receive a ‘Boss Support Fund’ that allows them to issue their own coupons and conduct marketing.

The signing ceremony was attended by Mayor Kim Mi-kyung, Shinhan Bank Vice President Jeon Pil-hwan, and Jeon Seong-ho, Head of the Ttaenggyeoyo Business Division.

Shinhan Bank Vice President Jeon Pil-hwan said, “Ttaenggyeoyo is aimed at increasing the income of small business owners, consumers, and delivery riders, and it is not pursued for the bank’s profit,” adding, “I hope Eunpyeong-gu Ttaenggyeoyo spreads throughout Seoul and benefits everyone.”

Mayor Kim Mi-kyung of Eunpyeong-gu said, “In the reality where small business owners suffer from high fees of private delivery apps, I hope this agreement will activate public delivery apps with low fees,” and added, “We will do our best to operate the system to help both small business owners and consumers.”

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