Paju City Raises PajuPay Recharge Limit to 1 Million Won for Family Month in May

Paju City in Gyeonggi Province will increase the monthly recharge limit of the local currency PajuPay from the existing 700,000 won to 1,000,000 won for one month, from May 1 to May 31, in celebration of Family Month in May.

Paju City is raising the monthly charging limit of the local currency Paju Pay from 700,000 won to 1,000,000 won for one month from May 1 to May 31 in celebration of Family Month in May. Provided by Paju City

This measure has been introduced to ease the financial burden on households during May, when spending on gifts and outings is concentrated due to Children's Day, Parents' Day, and Teachers' Day. It is also intended to support increased sales for small business owners in the region who are struggling amid the prolonged economic downturn.

Accordingly, citizens will be able to recharge up to 1,000,000 won in PajuPay during May, and the incentive rate will remain unchanged at 10%. If the full 1,000,000 won is recharged, an additional 10% will be provided by the city, resulting in a total issuance of 1,100,000 won.

A Paju City official stated, "Raising the PajuPay recharge limit is part of our efforts to revitalize the local economy by relieving the financial burden on households due to rising prices and stimulating consumption in local neighborhood businesses. We ask for the active use and interest of our citizens."

PajuPay cards can be issued and recharged via the Gyeonggi Local Currency app or at Nonghyup Bank. Users can also benefit from a 30% income tax deduction. The currency is accepted at over 16,000 affiliated stores in Paju City, including restaurants, beauty salons, hospitals, and academies, and can also be used for payments on the Gyeonggi Province delivery app, 'Baedal Teukgeup.'

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