40 Billion Issued for ‘Geumcheon G-Valley Love Gift Certificates’ Ahead of Lunar New Year

Purchase Available from 10 AM on the 30th via ‘SeoulPay Plus’ App with Monthly Limit of 500,000 KRW per Person, 5% Gift Certificate Discount, and 30% Year-End Tax Deduction

Geumcheon-gu (Mayor Yoo Seong-hoon) announced on the 30th at 10 a.m. that it will issue 4 billion KRW worth of 'Geumcheon G-Valley Love Gift Certificates' to celebrate the Lunar New Year holiday.

The gift certificates are mobile local love gift certificates issued to promote consumption within the region and increase sales for small business owners. Individuals can purchase the gift certificates at a 5% discount within a monthly limit of 500,000 KRW. For example, a 100,000 KRW gift certificate can be purchased for 95,000 KRW. Additionally, a 30% income deduction benefit can be received during year-end tax settlement.

They can be purchased via account transfer or credit card on a total of five apps: ▲ Seoul Pay Plus (SeoulPay+) ▲ Shinhan Sol (ShinhanSol) ▲ Shinhan pLay (ShinhanpLay) ▲ Moneytree ▲ T-money Pay. The gift certificates can be used at approximately 7,700 affiliated stores located in Geumcheon-gu, including restaurants, cafes, pharmacies, and hair salons.

Since the gift certificates were only available for purchase through mobile apps, it was difficult for digitally marginalized groups to access them. Therefore, the district office provides guidance on how to purchase and use the gift certificates for residents facing difficulties. Residents can visit the 'Alley Economy Support Center' on the 11th floor of the district office with their mobile phone registered in their name.

Yoo Seong-hoon, Mayor of Geumcheon-gu, stated, "The issuance of the Geumcheon G-Valley Love Gift Certificates will be a great help to small business owners struggling with rising prices and economic downturn." He added, "I hope everyone has a prosperous Lunar New Year by taking advantage of the discount benefits and supporting small business owners through the use of the gift certificates."

For more details, inquiries can be made to the Geumcheon-gu Office Regional Economy Division or the Seoul Pay+ call center.

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