"Point Accumulation... Card Company Application Guidance"
On July 21, Naver, Kakao, and Toss?three major big tech companies?announced that they will begin providing information and application services for the public livelihood recovery consumption coupon.
The three big tech companies stated that they will notify users about the consumption coupon application in accordance with the designated weekday system via app notifications.
According to the Ministry of the Interior and Safety, the first round of consumption coupon applications will be accepted both online and offline for approximately eight weeks, starting from this day until September 12.
During the first week of applications, from July 21 to 25, a weekday system based on the last digit of the applicant's birth year will be implemented. Those whose birth year ends in 1 or 6 can apply on Monday; 2 or 7 on Tuesday; 3 or 8 on Wednesday; 4 or 9 on Thursday; and 5 or 0 on Friday. Only online applications are available on weekends.
The three companies also explained that their apps are equipped with a card company integration feature. When users apply for the consumption coupon in Naver Pay as app points, money, or with the physical 'Npay Money Card,' they will be redirected to the application page of BC Card, a partner company.
Kakao has set up a 'Apply with Preferred Card Company' menu within the Kakao Pay app or KakaoTalk. Toss also allows users to register the coupon-receiving card with Toss Pay so that payments at affiliated merchants can be made simply by scanning a QR code or barcode.
Users can also earn points. When applying for the consumption coupon with an Npay card, users receive a basic benefit of 0.3% points accumulation at any eligible merchant. For Kakao, if users apply conveniently with Pay Money within the app and enter the event, up to 100 people will be awarded Kakao Pay Points worth up to 2 million won each.
Park Sangjin, CEO of Naver Pay, said, "Not only Naver Pay, but also electronic documents, maps, and other resources available within 'Team Naver' will be fully utilized to ensure that the coupon serves as a catalyst for the recovery of local economies."
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