Yeosu City to Offer 20% Special Discount on Yeosu Sarang Gift Certificates

Special Support Measures for Industrial Crisis Response Area Starting August 11

Yeosu City will offer a 20% special discount on the card-type Yeosu Love Gift Certificate (Seomseom Yeosu Pay) starting from the 11th. Photo by Yeosu City

On August 5, the city of Yeosu in South Jeolla Province announced that starting from August 11, it will offer a special 20% discount on the Yeosu Sarang Gift Certificate in card form (Seomseom Yeosu Pay).

This special discount is a support measure following the designation of the region as an Industrial Crisis Response Area. To reduce the financial burden on citizens and boost sales for local small businesses, the city has increased the usual 10% discount by an additional 10%, resulting in a total discount rate of 20%. The total issuance of the gift certificates amounts to 17.5 billion won.

To provide broader benefits to citizens, the monthly combined purchase limit for both paper and card-type gift certificates will be temporarily adjusted from 500,000 won to 300,000 won for the month of August. The holding limit for gift certificates is 1 million won, and the Min Saeng Recovery Consumption Coupon is not included in this limit. The discount rate for paper-type gift certificates remains at the existing 7%.

It is important to note that if a citizen has already purchased 300,000 won worth of paper-type gift certificates in August, they cannot purchase additional card-type gift certificates. The special discount will continue until the allocated budget is exhausted, and once the total issuance is sold out, sales of the card-type gift certificates for August will be immediately suspended.

The card-type gift certificates can be purchased via the local gift certificate app 'chak' or at 80 partner financial institutions, and they can be used at affiliated merchants of the Yeosu Sarang Gift Certificate. Information about affiliated merchants can be found on the official Yeosu city website and the 'chak' app.

Mayor Jeong Kimyeong stated, "I hope this special discount, together with the Min Saeng Recovery Consumption Coupon, will serve as a catalyst for the growth and recovery of the stagnant local economy."

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