Shinhan Bank said April 2 it signed an agreement a day earlier with Andong in North Gyeongsang Province to introduce its public delivery app, Ttaenggyeoyo. The city is the first in the province to sign such a deal for a public delivery app.
Ttaenggyeoyo, operated by Shinhan Bank, is billed as a shared-growth platform offering brokerage fees of about 2%, faster settlements and various discounts. Shinhan Bank has signed public delivery app agreements with 56 local governments nationwide, including Seoul.
Under the agreement, Ttaenggyeoyo plans to add Andong's local currency payment function, provide subsidies to new participating merchants and roll out dedicated financial products.
A Shinhan Bank official said the bank will continue expanding its role in working with local communities so the app can provide practical help to small business owners and the local economy. The official added that Shinhan Bank plans to broaden partnerships with both metropolitan and basic local governments to expand the app's benefits.
Separately, Shinhan Bank is running a Ttaenggyeoyo payback event through April 30. Customers will receive a 4,000-won discount coupon if their cumulative order total in April increases by even 1 won from the previous month. The offer applies to all order types in the app, including delivery, takeout and dine-in.
* This article has been translated by AI.
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