Hongseong County to Issue 6.4 Billion Won in Hongseong Love Gift Certificates...10% Discount

Expanded Significantly
1.6 Billion Won Increase from the Previous Two Months

With the Chuseok holiday just about a month away, Hongseong-gun in South Chungcheong Province will issue a special edition of "Hongseong Love Gift Certificates" with a total value of 6.4 billion won.

According to the county on August 26, this issuance is part of the "Establishing a Local Economic Circulation Ecosystem" policy, aiming to revive local consumption, which may slow down during the holiday period, and to help boost small business sales.

This time, the county will issue a total of 6.4 billion won, including 1 billion won in paper certificates and 5.4 billion won in mobile certificates, with both types available at a 10% discount.

Notably, the scale of this issuance is significantly increased by 1.6 billion won compared to the previous two months (4.7 billion won each in July and August).

The monthly purchase limit per individual is 500,000 won (combined paper and mobile certificates).

Mobile certificates can be charged via the "chak" local gift certificate app starting September 1.

Meanwhile, the total issuance of Hongseong Love Gift Certificates from January through August this year amounted to 29.5 billion won (2.5 billion won in paper certificates and 27 billion won in mobile certificates), with a total of 50 billion won planned by December.

Lee Sang-hoon, department officer, said, "We have significantly increased the issuance volume in anticipation of increased consumption ahead of the Chuseok holiday," and added, "We hope this will serve as a catalyst for a virtuous cycle of the local economy, with funds returning to traditional markets and local shopping districts."

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