CCIA partners the Brixton Pound have announced that they will be launching new electronic payment technology in 2015. “Tap and Pay” will implement contactless payment terminals for B£ businesses and traders, making it faster and more convenient for users to pay in their local currency.
“Tap and Pay” will complement the existing paper currency and text-payment systems, encouraging more local spending and keeping money in the community. In developing their range of payment options, the B£ is at the forefront of a new generation of community currencies which are utilising technological innovations to create more prosperous, socially oriented and environmentally sustainable local economies.
“Tap and Pay” has been developed by the B£ through EU-funding provided by the CCIA project in line with the latter’s aims of designing, developing and implementing community currencies throughout North Western Europe.
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Tags: Brixton £ in Lambeth