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4 Ways to Cash in Shinsegae Gift Certificates: Find the Best Method for You

  • Written Language: Korean
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  • Economy

Created: 2024-11-13

Created: 2024-11-13 02:09

Received a Shinsegae gift certificate? While you can use it like cash at department stores, E-marts, and other Shinsegae affiliated stores, its limited usability can be frustrating. Let me tell you about useful ways to convert your Shinsegae gift certificate into cash.

Why Cashing Out Shinsegae Gift Certificates is Necessary

  • Limited Usage: When you want to convert it to cash because it's difficult to use outside of Shinsegae affiliated stores.
  • Urgent Need for Cash: When you want to cash out the gift certificate to obtain a lump sum.
  • Exchange for Other Goods: When you want to cash out the gift certificate to purchase your desired goods.

Methods for Cashing Out Shinsegae Gift Certificates by Type

Shinsegae gift certificates are categorized into paper certificates (with or without holograms) and mobile certificates. The cash-out method varies depending on the type, so please refer to the methods below.

Shinsegae Gift Certificate Cash-in Methods

Shinsegae Gift Certificate Cash-in Methods

  • Paper Gift Certificate (With Hologram):
    • Utilizing SSG PAY: This is the most convenient and secure method. Scan the gift certificate number using the SSG PAY app, convert it to SSG money, and then withdraw it to your bank account. However, a 5% commission applies.
    • Offline Purchase Locations: You can buy it from shoe repair shops or gift certificate specialty stores around department stores and supermarkets. However, the market price may be slightly lower.
  • Paper Gift Certificate (Without Hologram):
    • Offline Purchase Locations: Since gift certificates without holograms cannot be converted to SSG PAY, you must use offline purchase locations.
  • Mobile Gift Certificate:
    • Exchange for Paper Gift Certificate: Exchange it for a paper gift certificate at the exchange location (E-mart, Shinsegae Department Store, etc.) specified on the mobile exchange voucher, and then use one of the above methods to cash it out.

Utilizing SSG PAY, the Standard for Cashing Out!

Using SSG PAY is the most convenient way to cash out.

1. Install and Log in to the SSG PAY App: Install the app and log in using your phone number verification.
2. Scan the Gift Certificate: Use the gift certificate scanning function in the app to scan the gift certificate number.
3. Convert to SSG Money: The scanned gift certificate will be converted to SSG money.
4. Withdraw to Bank Account: Request a withdrawal of SSG money to your linked bank account.

Tips!

  • Commission Check: Please note that a 5% commission applies when using SSG PAY.
  • Compare Offline Purchase Locations: Compare multiple locations and choose the one offering the highest market price.
  • Shinsegae Gift Certificate Usage Locations: Double-check whether it can be used at Shinsegae affiliated stores before cashing out.

Frequently Asked Questions (FAQ)

  • How do I check the expiration date of a Shinsegae gift certificate?
    • You can check on the back of the gift certificate or in the SSG PAY app.
  • What should I do if my gift certificate is lost?
    • Re-issuance is not possible, so you need to contact the place of purchase.
  • Where can I buy a mobile gift certificate?
    • You can purchase it from Shinsegae Department Store's online mall, SSG.com, etc.

Cashing out Shinsegae gift certificates is now easy! Refer to the methods described above for convenient cashing out.

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