10% Incentive Support for 'Bucheon Pay' Throughout February... 200 Billion Issued This Year

Bucheon City in Gyeonggi Province will increase the incentive for the local currency 'Bucheon Pay' from 6% to 10% throughout February in celebration of the Lunar New Year holiday.

The individual payment limit is set at 10% with a monthly cap of 300,000 KRW, allowing a maximum incentive of 30,000 KRW per month.

Bucheon Pay can be recharged with a minimum of 10,000 KRW and can be used at Bucheon Pay affiliated stores with annual sales under 1 billion KRW, excluding entertainment and gambling establishments and large-scale stores.

Last year, the city issued a total of 272 billion KRW worth of Bucheon Pay, exceeding the target by 120%, contributing to stimulating consumption. This year, the city plans to issue Bucheon Pay worth 200 billion KRW to focus on increasing sales for small business owners and recovering the local economy.

To sign up for and recharge Bucheon Pay, users can use the Gyeonggi Local Currency app or visit NH Nonghyup Bank branches. Sales locations can also be checked through the Bucheon City Hall website.

Bucheon Pay [Provided by Bucheon City]

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