[Photo] Cha Hyeon-il, Yeongdeungpo District Mayor, Purchases Goods Using Yeongdeungpo Love Gift Certificates

[Asia Economy Reporter Park Jong-il] On the morning of the 15th, Chaehyunil, Mayor of Yeongdeungpo District Office, purchased goods using the Yeongdeungpo Love Gift Certificate at a convenience store in the area.

The 'Yeongdeungpo Love Gift Certificate' is a Zero Pay-based mobile local currency that can be used within the region.

Consumers can receive a 7% discount and a 30% income deduction, while small business owners benefit from a 0% payment fee.

The gift certificate can be used at 9,471 Zero Pay affiliated stores in the area, including restaurants, neighborhood marts, academies, hair salons, pharmacies, flower shops, and convenience stores, and can be purchased up to 500,000 KRW per person per month.

Assuming a monthly usage of 500,000 KRW, up to 420,000 KRW can be saved in one year.