Charging limit increased from 250,000 to 300,000 won for the month of February

Yongin City in Gyeonggi Province is increasing the recharge limit and incentives for local currency ahead of the Lunar New Year holiday.

'Seol-i-nikka' Yongin Local Currency Recharge Incentive Increased from 6% to 10% View original image

On the 30th, Yongin City announced that it will raise the recharge incentive for its local currency, 'Yongin Y-Pay,' from 6% to 10% for the month of February to alleviate citizens' burdens caused by rising prices and to revitalize the local economy. The city also added that the recharge limit eligible for incentives will be increased from 250,000 won to 300,000 won during this period.


Accordingly, if you recharge 300,000 won on Y-Pay, you will receive a 30,000 won incentive, allowing you to use a total of 330,000 won. Although the incentive applies up to the 300,000 won recharge limit, it is also acceptable to recharge and use amounts exceeding this limit.



Yongin Y-Pay can be used at approximately 26,000 affiliated stores within the region, including restaurants, hospitals, and academies with annual sales under 1 billion won. The scope of affiliated stores has been expanded to include hospitals, clinics, pharmacies, postpartum care centers, and Yongin Central Market with sales up to 3 billion won. Affiliated stores can be checked through the Gyeonggi Local Currency app or the Yongin City website.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing