Shinhan Bank has teamed up with Gangwon Special Self-Governing Province to support local small businesses through the cooperative delivery app 'Ddaeng-geo-yo.'
On September 22, Shinhan Bank announced that it signed a 'Public-Private Partnership Delivery App Agreement' with Gangwon Special Self-Governing Province. The signing ceremony, held at the Gangwon Provincial Office, was attended by Kang Dae-o, head of Shinhan Bank's Future Innovation Group, Woo Sang-ho, governor of Gangwon Special Self-Governing Province, Lee Geuk-sang, president of the Gangwon Small Business Association, and Park Sun-ho, head of the Management and Planning Division of the Gangwon Credit Guarantee Foundation.
The agreement aims to reduce the burden on small businesses using delivery apps and to stimulate local consumption by collaborating on the 'Ddaeng-geo-yo' app.
Under the agreement, Shinhan Bank will integrate the local currency payment function of Gangwon Special Self-Governing Province into the Ddaeng-geo-yo app. New merchants will receive 'Owner Support Points' of up to 300,000 won to assist with their entry and sales expansion.
The 'Ddaeng-geo-yo' app promotes a low commission rate of 2% and quick settlements, expanding its collaboration with local governments. It currently partners with 63 local governments across the country, including Seoul and Busan.
A Shinhan Bank official stated, "Through this agreement, we will provide more tangible benefits to small businesses and customers in the Gangwon region, continuing our role as a cooperative delivery app that grows with the local community."
* This article has been translated by AI.
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