Bristol

• Bristol Pound


  A form of local, complementary, and/or community currency launched in Bristol, UK on 19 September 2012. Its objective is to encourage people to spend their money with local, independent businesses in Bristol and the former County of Avon. As of September 2012, it is the largest alternative in the UK to official sterling currency, though it is backed by Sterling.
• Bristol Pound


  A local, complementary, and/or community currency that was created to "improve Bristol's local economy". Its primary aim is to support independent traders in order to maintain diversity in business around the city.
• Electronic payments


  The Bristol Pound was the second local scheme (after the Brixton Pound) to be able to accept electronic payments in the UK. This allows, for example, participating small businesses to accept payments by SMS, without needing to pay for and install a credit card machine. The businesses are charged 2% of the amount billed for payments made by SMS, a similar or sometimes reduced rate than with credit or debit cards, or PayPal (3%). Payments can also be made online, with the recipient of each payment charged at a rate of 1%, capped at 95p per transaction.