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Osan City Offers 10% Incentive on Local Currency 'Osaekcjeon' Throughout May

Supporting household consumption during Family Month with dining and shopping incentives...first-come, first-served basis until budget is exhaustedAvailable at approximately 6,700 affiliated merchants in the city...expects increased sales for local small business owners
Osan City Hall exterior. (Photo=Osan City)
Osan City Hall exterior. (Photo=Osan City)

[Suwon Ilbo=Park Chan-hyuk] Osan City announced on the 24th that it will provide a 10% incentive on the local currency 'Osaekcjeon' throughout May to mark Family Month.

The incentive has been increased from the existing 6% to 10%, designed to inject vitality into the sluggish local commercial district.

Support will be provided on a first-come, first-served basis until the budget is exhausted, with a maximum monthly purchase limit of 500,000 won per person. Accordingly, residents can receive up to 50,000 won in incentives. For example, charging 500,000 won adds 50,000 won in incentives, allowing a total of 550,000 won to be used.

Currently, Osaekcjeon can be used at approximately 6,700 affiliated merchants in Osan City, including restaurants, hospitals, academies, and traditional markets.

Merchant information can be found on the 'Gyeonggi Local Currency' app and the official Osaekcjeon website, and offline stores have 'Osaekcjeon' stickers attached for easy identification.

Osaekcjeon can be charged through a mobile app and can also be used in the form of an affiliated check card.

However, usage is restricted at certain business types such as large retailers, entertainment establishments, gambling-related businesses, and franchise headquarters locations, so advance confirmation is necessary.

Mayor Lee Kwon-jae stated, "We hope this will help citizens' daily consumption during Family Month," and added, "We expect the expansion of Osaekcjeon incentives to stimulate local consumption and provide meaningful support to small business owners."

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