The UK first local complementary currency in an urban setting.
Launched: 17th September 2009
Notes denominations: B£1, B£5, B£10, B£20
First edition: 17 September 2009 – 30th September 2011
Second edition: 29th September 2011 (no expiry date)
Businesses accepting the currency: 200
Geographical spread: Brixton covered markets, Brixton Town Centre, Brixton Hill, Streatham Hill, Herne Hill and Stockwell
Circulation to date: Around £65,000 notes issued in total
Incentive: discounts for B£s users at a number of participating businesses
Issuing points: London Mutual Credit Union, Morley’s of Brixton, Cheques for Cash, Olley’s Fish Experience, Opus, Rosie’s Deli Café, Olive Morris House
Partners: Transition Town Brixton, new economics foundation, Lambeth Council, London Mutual Credit Union.
B£ ELECTRONIC CURRENCY (Pay by Text) – SUMMARY*
The UK first local e-currency pilot, which is part of a larger project to develop a platform to trade local currencies.
Launched: 29th September 2011
Aim: Pay by Text seeks to facilitate transactions and increase their value, and to incentivise users’ behaviour change towards supporting independent businesses.
Businesses accepting the currency: 50
Geographical spread: Brixton covered markets, Brixton Town Centre, Herne Hill
Circulation to date: B£ 4,000
Incentive: 10% bonus automatically added every time users credit their account
Registration process: Online form
Partners: Lambeth Council, new economics foundation, monea, Transition Town Brixton.
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B£ PAPER CURRENCY – SUMMARY*
The UK first local complementary currency in an urban setting.
Launched: 17th September 2009
Notes denominations: B£1, B£5, B£10, B£20
First edition: 17 September 2009 – 30th September 2011
Second edition: 29th September 2011 (no expiry date)
Businesses accepting the currency: 200
Geographical spread: Brixton covered markets, Brixton Town Centre, Brixton Hill, Streatham Hill, Herne Hill and Stockwell
Circulation to date: Around £65,000 notes issued in total
Incentive: discounts for B£s users at a number of participating businesses
Issuing points: London Mutual Credit Union, Morley’s of Brixton, Cheques for Cash, Olley’s Fish Experience, Opus, Rosie’s Deli Café, Olive Morris House
Partners: Transition Town Brixton, new economics foundation, Lambeth Council, London Mutual Credit Union.
B£ ELECTRONIC CURRENCY (Pay by Text) – SUMMARY*
The UK first local e-currency pilot, which is part of a larger project to develop a platform to trade local currencies.
Launched: 29th September 2011
Aim: Pay by Text seeks to facilitate transactions and increase their value, and to incentivise users’ behaviour change towards supporting independent businesses.
Businesses accepting the currency: 50
Geographical spread: Brixton covered markets, Brixton Town Centre, Herne Hill
Circulation to date: B£ 4,000
Incentive: 10% bonus automatically added every time users credit their account
Registration process: Online form
Partners: Lambeth Council, new economics foundation, monea, Transition Town Brixton.
*(To December 2011)
ENQUIRIES
Pay By Text IT infrastructure enquiries – simon.woolf@qoin.org
Media & General enquiries – info@brixtonpound.org