14 December 2017
visit www.solutions.lexisnexis.com

Brixton Pound gets mobile app and iBeacon push

20 June 2014  |  8564 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)

Finextra news in your inbox

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

Related stories

LevelUp adds iBeacon support to mobile payments platform

LevelUp adds iBeacon support to mobile payments platform

18 June 2014  |  9236 views  |  0 comments | 15 tweets | 12 linkedin
St George starts testing iBeacons in branches

St George starts testing iBeacons in branches

15 May 2014  |  8854 views  |  3 comments | 11 tweets | 7 linkedin
Estimote taps Apple iBeacon for micro-location-based shopping

Estimote taps Apple iBeacon for micro-location-based shopping

12 September 2013  |  8435 views  |  0 comments | 4 tweets | 2 linkedin
Brixton gets own currency

Brixton gets own currency

17 September 2009  |  8437 views  |  1 comments

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.solutions.lexisnexis.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
12309 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
9659 views comments | 16 tweets | 22 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
8314 views comments | 17 tweets | 36 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7439 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
7361 views comments | 20 tweets | 11 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job