Gwanak District to Issue 10 Billion Won in Gwanak Love Gift Certificates... Up to 10% Discount and Payback

Final Issuance of the Year, Sales Begin November 13

Gwanak District in Seoul (District Mayor Park Junhee) will issue an additional 10 billion won worth of Gwanak Love Gift Certificates starting at 10 a.m. on November 13, thereby concluding this year’s local gift certificate issuance schedule.

Gwanak Love Gift Certificate Issuance Promotion Poster. Provided by Gwanak District.

The district issued a total of 34 billion won worth of gift certificates in two rounds in January and September, both of which sold out completely. The high level of participation and enthusiasm from residents led to the decision for this additional issuance.

This round of gift certificates can be purchased at a 7% discount rate, which has been applied since the second half of the year. In addition, a “payback event” will be held, offering 3% of the amount spent with the gift certificates as mobile gift certificates the following month, bringing the total benefit to 10%. However, the payback event will end early if the allocated budget is exhausted.

The Gwanak Love Gift Certificates can be purchased in mobile form through the Seoul Pay+ (Seoul Pay Plus) app. Each person can purchase up to 500,000 won per month, with a maximum holding limit of 1.5 million won.

Meanwhile, during the 2025 Korea Grand Festival, which will be held from October 29 to November 9, an additional benefit will be offered: 5% of the amount spent using the Gwanak Love Gift Certificates will be returned as payback gift certificates.

The Korea Grand Festival is a nationwide campaign led by the government to boost consumption, with around 30,000 companies participating, including traditional markets, small business owners, manufacturers, and distributors. The payback benefit will end early if the budget is exhausted.

Park Junhee, Mayor of Gwanak District, said, “I hope everyone enjoys a bountiful autumn with loved ones using the Gwanak Love Gift Certificates during October and November, taking advantage of the payback discounts available for the Korea Grand Festival, and joins us in revitalizing local businesses and supporting the recovery of small business owners.”

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