Gangneung City, South Korea Adopts Digital Local Currency ‘region PAY’ for Trial Tours

Gangneung City, South Korea Adopts Digital Local Currency ‘region PAY’ for Trial Tours

Gift Pad is introducing the digital local currency ‘region PAY’ in Gangneung City, South Korea.

In collaboration with Gangneung City and KLTLAB, a Korean Gangwon-do healing trip tour aimed at attracting tourists from Japan and revitalizing the local area of Gangneung City has been co-planned, offering local benefits as part of the package. The tour will start with a trial run departing from Sakaiminato in Tottori Prefecture. Participants will be provided with points equivalent to 3,000 yen (24,000 Korean Won) that can be used in places such as the Gangneung Central Market.

The route between Sakaiminato and Korea’s East Sea has been opened by Douwon Merchant Shipping with the Eastern Dream vessel since August 2. This route was previously operated until 2019 but was closed due to the operating company going out of business.

‘region PAY’ has been introduced in some municipalities in Japan during the national travel support initiative and is also introduced in Guam as ‘GOGO! GUAM PAY’. The app has reached 11 million downloads.

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The translation may not be accurate.