[Gyeonggi] Seongnam City sells 'Seongnam Love Gift Certificate' in three days

Seongnam City's local currency "Seongnam Love Gift Certificate" issued for the Lunar New Year holiday sold KRW 68.6 billion in just three days after its launch.The city of

is offering a special sale worth 500 billion won by expanding the discount rate for 'Seongnam Love Gift Certificate' from 6% to 10% for three months from the 6th to March 31st to revive the alley economy frozen due to the economic downturn.The monthly purchase limit for

is 500,000 won, which is more than the previous 200,000 won.

Mobile gift certificates, which began selling on the 6th, sold 61.8 billion won out of the 300 billion won target, recording a 20% burnout rate.

In addition, paper-type gift certificates, which began selling on the 8th, sold 6.8 billion won in one day, achieving 3.4% of the target of 200 billion won.

In particular, paper-type gift certificates are showing a fast distribution speed as 68% of their current holdings of 10 billion won have been exhausted.

In response, Seongnam City requested that the card-type gift certificate "Seongnam Love Card" and mobile gift certificates be actively used before reselling paper-type gift certificates.