Damyang-gun Expands 10% Special Discount Sale on Damyang Love Gift Certificates
Increase Purchase Limits to Boost Local Consumption
Jellanam-do Damyang-gun announced that it has raised the special discount rate for Damyang Love Gift Certificates to 10% starting from the 1st to revitalize the local economy and promote consumption within the region.
Until October, a special discount rate of 10% was applied to paper gift certificates and 7% to card (mobile) gift certificates, but from November 1st, a 10% discount will be applied to both paper and card (mobile) types.
This 10% special discount will continue until the budget is exhausted, with a monthly purchase limit of 700,000 KRW: 200,000 KRW for paper certificates and 500,000 KRW for card (mobile) certificates.
Purchasing paper-type Damyang Love Gift Certificates and card issuance/recharging are available at 28 local financial institutions, and visitors must bring their ID cards in person.
Additionally, if visiting a financial institution is difficult, card application and recharging can be done through the dedicated app 'Chak'.
Furthermore, the “Act on the Promotion of Use of Local Love Gift Certificates” is in effect to ensure healthy distribution of gift certificates, encourage local consumption, and prevent illegal distribution. Accordingly, franchise owners are prohibited from purchasing, and exchanging gift certificates received as policy funds is also not allowed.
To this end, the county has established an integrated gift certificate management system and thoroughly manages purchase and exchange records to prevent illegal distribution.
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A county official stated, “Gift certificates are a project aimed at the virtuous cycle of the local economy and the recovery of neighborhood markets. We hope that the increase in the special discount rate and purchase limit during these difficult times will help revitalize the local economy,” adding, “We encourage more use of card gift certificates, which have higher purchase limits and are more convenient to use than paper certificates, which incur higher distribution costs.”
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