Point redemption system 40% increase cashless payments January 10 20:54

Triggered by the cashless settlement point redemption system, about 40% of consumers increased their payments with credit cards and QR codes.

The point redemption system that accompanies the consumption tax hike is that, if you pay cashlessly at small and medium-sized stores from October last year to the end of June, up to 5% will be returned, and approximately 950,000 stores nationwide will participate. I am.

According to a survey conducted by the Ministry of Economy, Trade and Industry on more than 27,000 consumers on the Internet, more than 40% of respondents said that cashless payments increased as a result of the system.

By age, 48% are in their 20s and 30s, and 42% are in their 60s.

By region, the percentage was 42% in regions with a population of 200,000 or more, but 37% in towns and villages.

In addition, a survey of selected stores participating in the scheme showed that cashless payments accounted for 34% of sales per store, on average, from 27% before the program began.

Based on the survey results, the Ministry of Economy, Trade and Industry stated that "We are continuing to encourage participation in areas with few stores participating in the system, as the effects of supporting consumption are steadily appearing."