경기지역화폐 가맹점 신청 Information on how to register as a Gyeonggi local currency affiliate and application period

경기지역화폐 가맹점 신청Gyeonggi local currency affiliated store registration and application period information

As registration of local currency affiliated stores becomes mandatory, payments in Gyeonggi local currency at unregistered affiliated stores will be restricted from today, July 1 (Friday). In the meantime, Gyeonggi Province set a guidance and grace period to expand local currency affiliates, allowing businesses that met the requirements to make payments in local currency without a separate registration process. However, the grace period will end on Thursday, June 30. So today, we will tell you in detail about the registration method and application period for Gyeonggi local currency affiliated stores.

‘Gyeonggi Regional Currency’ is a project that Gyeonggi Province has been introducing since April 2019 to revitalize the local economy and create a practical virtuous economic cycle. In the meantime, by combining various incentive policies to improve the welfare of residents, we have been catching two birds with one stone: economy and welfare, and received the President’s Award in the government’s ‘Local Love Gift Certificate Performance and Best Practice Evaluation’ in December last year.

With the revision and enforcement of the Act on Activation of the Use of Local Love Gift Certificates (Local Love Gift Certificate Act) on April 20th of this year, the grace period will end on June 30th, and registration of local currency affiliated stores will be mandatory nationwide starting in July. It is done.

In the meantime, in order to expand the number of Gyeonggi local currency affiliates, Gyeonggi Province has set guidance and grace periods, allowing local currency payments without a separate registration process for businesses that meet requirements such as having a card terminal, but from July 1, unregistered affiliates can accept local currency payments. Payment in Gyeonggi area currency is restricted.

Those who have not yet registered as an affiliate but are accepting payments in Gyeonggi local currency or those who wish to register as a new Gyeonggi local currency affiliate are eligible for registration. However, department stores, large supermarkets, complex shopping malls, entertainment and gambling establishments, and large-scale sales establishments are excluded.

To register as a Gyeonggi local currency affiliated store, go to the local currency affiliated store website and apply directly as the representative on the business registration certificate (*mobile phone verification required). If applying online is difficult, you can apply offline at your city/county office.

To determine whether to apply for registration, when you enter your business number on the registration page, if the message ‘This is an already registered business number’ appears, your application has been completed.

Above, we learned about how to register as a Gyeonggi local currency affiliate and the application period. If you do not register as a Gyeonggi local currency affiliate, you will not only experience inconveniences such as customers’ local currency payment interruption, but you may also be fined by the head of the local government as prescribed by the Presidential Decree, so please do not forget to register within the application period.

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