Gangbuk-gu and Shinhan Bank Sign Business Agreement for Public Delivery App 'Ttaenggyeoyo'

Signed with Shinhan Bank on the 20th... Brokerage fees 2% lower to be implemented from 2025

Gangbuk-gu (District Mayor Lee Soon-hee) is promoting the operation of a public delivery app through public-private cooperation to support small business owners struggling with high commission fees from private delivery apps.

On the 20th, Gangbuk-gu held a business agreement ceremony with Shinhan Bank for the public delivery app.

Under this agreement, Shinhan Bank will provide a low 2% commission fee service on the existing delivery app "Ttaenggyeoyo," and Gangbuk-gu will support payments using local love gift certificates.

The Gangbuk-gu public delivery app (Ttaenggyeoyo) initiative is planned to be implemented from 2025 after going through consultations with related organizations and securing budget for issuing delivery app-specific gift certificates. Both institutions have agreed to actively cooperate to reduce the burden on small business owners and strengthen their competitiveness by developing digital sales channels.

During the continuous growth of the online food ordering (delivery) industry, the commission fees charged by private delivery companies to small business owners have increased from 6.8% to 12.5% due to a monopolistic structure, increasing the burden on small business owners.

Through this agreement, by revitalizing the public delivery app based on public-private cooperation, delivery app companies will apply lower commission fees to affiliated stores to realize public interest, and Gangbuk-gu expects to contribute to enhancing consumer benefits by issuing local love gift certificates.

For more details about the Gangbuk-gu public delivery app, please contact the Small Business Support Team of the Regional Economy Division at Gangbuk-gu Office.

Lee Soon-hee, Mayor of Gangbuk-gu, said, “Many small business owners have struggled due to high delivery fees,” adding, “This public delivery app business agreement with Shinhan Bank will reduce the management burden on small business owners and contribute to revitalizing the local economy.”

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