Suwon to Expand October Suwon Pay Incentive to 20% for Chuseok Holiday

[Suwon Ilbo=Reporter Jung Jun-seong] Suwon Special City announced on the 22nd that it will expand the October Suwon Pay incentive to 20% in commemoration of the Chuseok holiday.

The incentive will be distributed starting at 9 a.m. on October 1 until the budget is exhausted. The deposit limit is 500,000 won. Residents who deposit 500,000 won will receive a 100,000 won incentive.

Suwon Pay can be charged through the Gyeonggi Regional Currency app or at offline charging stations. The list of offline charging stations can be found on the Suwon City homepage (www.suwon.go.kr) by searching for 'Suwon Regional Currency' in the search window and checking the notices bulletin board.

The individual Suwon Pay balance limit is 1 million won. Additional deposits are only possible after spending the existing balance.

The city expanded the Suwon Pay incentive to 10% starting this year. The deposit limit, which was previously 300,000 won, has been increased to 500,000 won, and the incentive has been expanded to 20% in January and October, which include the Lunar New Year and Chuseok holidays.

A city official stated, "We hope that the expansion of the Suwon Pay incentive will help alleviate residents' economic burden and vitalize the local economy," and added, "We expect increased consumption in alleyway commercial areas during the Chuseok holiday break."