22 May 2015

Brixton Pound gets mobile app and iBeacon push

20 June 2014  |  6275 views  |  0 Teenagers using Smartphone

The Brixton Pound is getting its own app, tapping iBeacon technology to let shoppers make purchases in the local currency through their iPhones.

Launched as a paper currency in 2009 to encourage locals to spend money in independent businesses, the Brixton Pound has since added a pay-by-text option and is accepted at more than 250 firms.

The new service, developed with tech firm Dingo, will see hundreds of participating merchants install iBeacon devices, which use Bluetooth Low Energy to ping the mobile phones of customers who have downloaded the app.

The app automatically prepares a shortcut right on the lock screen of the phone, enabling the user to pay for everything in a few seconds, with no searching or typing.

The free app will be available at Apple's App Store next month, with an Android version expected to follow later this summer.
KeywordsEFTPOS

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

18 June, 2014
15 May, 2014
12 September, 2013
17 September, 2009

Who is commenting?

Top topics

Most viewed Most shared
Cash overtaken by non-cash payments in the...
5771 views comments | 45 tweets | 30 linkedin
MasterCard launches personal payments serv...
5433 views comments | 15 tweets | 26 linkedin
US banks bid to crack down on 'card cracki...
5254 views comments | 8 tweets | 10 linkedin
Researchers build model to predict which d...
5058 views comments | 15 tweets | 11 linkedin
Rise of the FinTech - A threat to Retail B...
5034 views 3 | 7 tweets | 7 linkedin

Featured job

c.£70-100K base, commission + equity
London, UK

Find your next job