Samcheok City to Support Small Business Owners with Samcheok Sarang Card Payment Fees... Deadline on the 21st

Samcheok City in Gangwon Province announced on November 10 that the second round of applications for the "2025 Samcheok Sarang Card Merchant Payment Fee Support Project," which aims to ease the management burden on small business owners and revitalize the local economy, will close on November 21.

Poster for the "2025 Samcheok Sarang Card Merchant Payment Fee Support Project." Provided by Samcheok City

This support project was established to assist small business owners facing difficulties due to high interest rates, high inflation, and a strong exchange rate. It fully covers payment fees equivalent to 0.25% of card sales in 2024.

Eligible applicants are Samcheok Sarang Card merchants operating in Samcheok City and small business owners with annual sales of 500 million won or less. Each representative may apply for only one business location. However, both the business registration address and the resident registration address must be in Samcheok City, and businesses that have closed, among others, are excluded.

Applications can be submitted at the administrative welfare centers in the applicant’s registered town, township, or neighborhood. Required documents include the application form, business registration certificate, resident registration certificate, tax payment certificate, and a copy of the bank account.

A city official stated, "As this second round of applications is the last opportunity for this year, we hope that small business owners who have not yet applied will do so within the deadline to receive the benefits."

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