Public Home Shopping announced on September 16 that it will advance 30 billion won in sales proceeds to its partner small and medium-sized enterprises ahead of the Chuseok holiday.
This early payment initiative aims to assist partners in securing liquidity due to increased cash flow needs for wage payments and raw material purchases during the holiday season. As a result, payments will be made seven days earlier than the usual schedule to all broadcasting and mobile partners.
Payments for orders delivered between September 8 and 14 will be made on the 21st, while payments for orders delivered from September 15 to 21 will be made on the 23rd. Partners who have signed up for Public Home Shopping's cooperative payment system will be able to cash out early on the 15th and 22nd, respectively.
Meanwhile, the amount utilized through Public Home Shopping's cooperative payment system has been increasing, with figures of 203 billion won in 2023, 251.7 billion won in 2024, and 275.4 billion won in 2025. As of July this year, the total reached 288.9 billion won.
A representative from Public Home Shopping stated, "We hope this early payment will help alleviate the financial burden on our partner companies and we will continue to implement various support measures to foster mutual growth with our partners."
* This article has been translated by AI.
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