Brixton Pound e-Currency Launches Today

M@
By M@ Last edited 77 months ago
Brixton Pound e-Currency Launches Today


Today marks the launch of an electronic currency for part of south London as the Brixton Pound goes digital.

The Brixton Pound (B£) has existed in physical form for two years (today is its birthday, in fact). It can be spent in almost 200 local shops, encouraging residents to buy their goods and services in Brixton. Notes carry images of local celebrities such as environmentalist James Lovelock.

From today, the pecuniary peculiarity goes digital. The Brixton Pound e-currency (B£e) can be used to pay via text message or online. There's a 10% bonus on offer for anyone signing up to the parallel currency. If you'd like to find out more, and meet the brains behind the scheme, there's a launch party tonight at The Electric. A new set of physical notes will also be unveiled, featuring more local heroes.

Last Updated 29 September 2011

Favabank

Well done to the Brixton Pound, payment by SMS is an interesting step forward, use of mobiles for transactions between one another is sure to play a big role in the future...