(Roundup) Gyeonggi Province Disaster Basic Income Applications Begin on 9th...Credit Cards Available

[Suwon Ilbo=Reporter Park No-hun] Applications for the Gyeonggi Province Disaster Basic Income, which provides 100,000 won per person in a one-time payment to all provincial residents regardless of income or age, will begin on the 9th.
The payment method allows residents to use their Gyeonggi local currency cards or credit cards, and those without cards can visit nearby eup·myeon·dong administrative welfare centers or Nonghyup branches to apply for prepaid cards. The province explains that it aims to ensure no resident is unable to receive the Gyeonggi Province Disaster Basic Income due to difficulties or inconvenience.

Governor Lee Jae-myung held a press conference at Gyeonggi Provincial Government on the 1st and personally announced the payment methods for the Gyeonggi Province Disaster Basic Income.
Governor Lee stated, "The Gyeonggi Province Disaster Basic Income is designed as an economic policy rather than a welfare policy, distributed as local currency with restricted usage periods, so that funds flow to traditional markets and small commercial districts, and serve as a catalyst to revitalize the local economy by opening up breathing room for small business owners and petty merchants," and added, "Since announcing the Gyeonggi Province Disaster Basic Income distribution on March 24, we have been meticulously preparing for swift and smooth implementation."

The payment methods for the Gyeonggi Province Disaster Basic Income announced by the governor on this day consist of two types: Gyeonggi local currency cards·credit cards and prepaid cards.

▲Deduction available after use of Gyeonggi local currency cards·credit cards
First, the Gyeonggi local currency card·credit card method allows residents to choose and use either their regularly used local currency card or one of the 13 first-tier credit cards and automatically deducts 100,000 won corresponding to local currency usage requirements.
Users of local currency or credit cards need to authenticate their status as Gyeonggi residents on the "Gyeonggi Province Disaster Basic Income homepage" opening on April 9th and enter information about their local currency card or credit card on which they wish to receive the disaster basic income. For local currency, 100,000 won is charged within 2 days of application along with a confirmation text message. For credit cards, deduction proceeds after receiving the completion text message.
Gyeonggi Province has completed consultations with 13 card companies including Hana, Woori, Kookmin, Shinhan, Samsung, BC, Lotte, Suhyup, Nonghyup, Kookmin Business, Korea Citibank, SC First, and Hyundai. Upon using disaster basic income with an approved credit card, residents receive a usage confirmation text message within 3-5 days.

▲If you do not have a Gyeonggi local currency card·credit card, apply for a prepaid card charged with 100,000 won
Second, those without credit cards or who find it difficult to use them can receive the disaster basic income in the form of a prepaid card charged with 100,000 won per person.
Prepaid cards can be applied for starting on the 20th by visiting nearby eup·myeon·dong administrative welfare centers or Nonghyup branches with an ID card at one's registered residence. When applying for a prepaid card, one family member can receive on behalf of other members without a separate power of attorney. However, falsely claiming a power of attorney to receive basic income for other family members will result in punishment for forgery and fraud.
The province has divided the application periods by household size and birth year to avoid congestion that may occur in this process.
Accordingly, households with 4 or more members can apply in Week 1 (4.20~26), 3-member households in Week 2 (4.27~5.3), 2-member households in Week 3 (5.4~10), and 1-member households or remaining households that failed to apply can apply by Week 4 (5.11~5.17). Additionally, by applying the mask weekday system, application dates are designated according to the last digit of birth year. For example, residents of 4+ member households whose birth year ends in 1 or 6 can apply on Monday of Week 1, and 3-member households whose birth year ends in 2 or 7 can apply on Tuesday of Week 2.
Residents who are unable to apply for prepaid cards among eligible applicants for that week can apply at eup·myeon·dong administrative welfare centers on Saturdays and Sundays. In consideration of office workers, administrative welfare centers are open until 8 p.m. on weekdays and from 9 a.m. to 6 p.m. on Saturdays and Sundays. Nonghyup branches accept applications from 9 a.m. to 4 p.m. on weekdays. From May 18th onwards, all households can receive them during normal business hours at eup·myeon·dong administrative welfare centers or Nonghyup branches.
By household, payment is consolidated into one prepaid card, and a 4-member household will receive a prepaid card charged with 400,000 won. A 5-member household can charge up to 500,000 won, and households with 6 or more members must receive two separate cards. This disaster basic income is a one-time payment with no additional charging possible. Note that reissuance is not available in case of loss.
Gyeonggi Province plans to directly visit vulnerable populations such as elderly and disabled individuals who have difficulty visiting eup·myeon·dong administrative welfare centers or Nonghyup branches to issue prepaid cards. The province has begun preparations to start on-site issuance services from mid-May.

▲Expiration period is 3 months from issuance date. However, all must be used by August 31st
Meanwhile, the governor once again explained the payment beneficiaries, application period, and places of use on this day.
The governor first clearly defined beneficiaries as Gyeonggi residents whose resident registration has remained continuously in Gyeonggi Province from 24:00 on March 23, 2020—the day before the disaster basic income distribution announcement—until the application date. In particular, if the mother is a Gyeonggi resident, even if she was a fetus before the 23rd, children born by the application date are equally eligible to receive basic income.
For the credit card method, the application period is from April 9th to April 30th, and the validity period is 3 months. The prepaid card application period is from April 20th to July 31st with a validity period of 3 months, but for those applying in June-July, usage must be completed by August 31st.
Places of use are the same as existing local currency usage venues: businesses with annual revenue of 1 billion won or less located in the city·county of registered residence. The disaster basic income cannot be used at large department stores, large supermarkets, franchise supermarkets, entertainment businesses and gambling establishments, or franchise headquarters.
Disaster basic income can be received concurrently with child rearing support allowance, youth allowance, unemployment benefits, etc., and is not included in income calculations for basic livelihood security recipients. Additional disaster basic income provided by cities·counties is distributed separately from Gyeonggi Province Disaster Basic Income.

The governor urged, "In the fight against infectious diseases, speed is essential, and now fast action is more important than doing things well," and called for active participation in "using Gyeonggi Province Disaster Basic Income quickly within the set period to overcome the current crisis."