Gangseo-gu to Issue Seoul Sarang Gift Certificates with 5% Discount on the 31st

Issuance of 40 Billion Won in Five Rounds This Year

Gangseo-gu, Seoul (Mayor Jin Gyo-hoon) will issue the first round of the “Seoul Gangseo Love Gift Certificates” worth 4 billion KRW ahead of the Lunar New Year holiday. The Seoul Gangseo Love Gift Certificates, a mobile local currency, were highly popular last year, selling out all three issuances within about 10 minutes each.

The district plans to issue a total of 40 billion KRW worth of gift certificates in five rounds, increasing by 5 billion KRW compared to last year, to improve the income of small business owners and revitalize neighborhood commercial districts.

The gift certificates can be used at approximately 15,000 affiliated stores located in Gangseo-gu, including restaurants, beauty salons, pharmacies, and convenience stores, as well as in the “online exclusive section” of seven delivery apps such as Ttaenggyeoyo, Wemakeprice O, Noljang, and Meokkebi.

Purchasers receive a 5% discount on the purchase amount and a 30% income deduction on the payment amount, while affiliated stores benefit from no payment processing fees, making the certificates popular.

Purchases will be available from 2 p.m. on the 31st, with a maximum purchase limit of 500,000 KRW per person. The validity period is five years from the date of issuance, and up to 1.5 million KRW can be held. Corporations can purchase without limit but are not eligible for discounts.

The certificates can be purchased through five mobile apps: ▲Seoul Pay Plus ▲T-money Pay ▲Shinhan SOL Pay ▲Money Tree ▲Shinhan SOL Bank. Unused certificates can be fully refunded upon cancellation, and if more than 60% of the face value has been used, the remaining balance excluding the discount subsidy can be refunded.

Mayor Jin Gyo-hoon said, “I hope residents can prepare for the Lunar New Year economically with the Seoul Gangseo Love Gift Certificates during these financially challenging times,” adding, “We will do our best to revitalize the local economy by significantly increasing the issuance scale of the gift certificates this year and supporting small business owners and consumption promotion.”

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