Seocho-gu to Issue 8 Billion Won in 'Seocho Love Gift Certificates' on the 17th
5% Discount... Individual Purchase Limit Set at 500,000 Won
Seocho-gu, Seoul (headed by District Mayor Jun Seongsu), will issue a total of 8 billion won worth of 'Seocho Love Gift Certificates' through the Seoul Pay Plus app starting at 3 p.m. on September 17, ahead of the Chuseok holiday.
This issuance is a public livelihood measure intended to reduce residents' shopping burden and boost local business consumption amid ongoing inflation and economic uncertainty.
The gift certificates can be purchased at a 5% discount off face value. The purchase limit per person is 500,000 won, with a maximum holding limit of 1,500,000 won. The certificates are valid for five years from the date of purchase, and any unused certificates can be fully canceled. If more than 60% of the face value is used, the remaining balance can be refunded in cash.
The gift certificates can be used at around 30,000 Seoul Pay Plus-affiliated stores within Seocho-gu, including restaurants and small supermarkets. Detailed information on where to use the certificates is available in the 'Find Affiliated Stores' menu on the Seoul Pay Plus app.
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District Mayor Jun Seongsu stated, "We expect that the issuance of the Seocho Love Gift Certificates for this Chuseok will help ease the burden of residents struggling with high prices and provide significant support to small business owners suffering from the economic downturn. We will continue to push for public livelihood measures that benefit both residents and small business owners."
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