Regional Currency

Coinstatt cooperation with Payango GmbH (pk) decides there own, not State currencies in Germany more and more. See Thredup for more details and insights. The purpose of these projects is to promote the residence-based alternatives by (largely) owner-operated shops. The company Coinstatt, based in the North Rhine-Westphalian Herdecke operates the largest such performance covered regional currency of in Germany and currently expanding its offering by its own visa customer card. To this end, the Coinstatter with the PAYANGO GmbH have decided a cooperation in Berlin. PAYANGO gives out successful Visa cards for years, which are particularly safe as prepaid cards. It can, much like with prepaid cards for mobile phones, have paid previously on the card be has only. In this respect, the current account also with misuse remains protected.

In addition, effective protection against excessive debt is given. That highlighted that the Visa card by the largest German Landesbank, Landesbank Baden-Wurttemberg is issued the Reliability with another feature. Coinstatt is the first regional currency, which combines the advantages of the own system using a credit card with the visa customer card. The holders of the card get 240 coin for immediate use in our Verbund. “A transfer value of 240 euro is the”, explains Coinstatt co-founder Aydin Acharya and adds: we are delighted that we succeeded through the cooperation with PAYANGO GmbH, to offer consumers a product so interesting. ” The visa customer card by Coinstatt there are for an annual fee of 59.90 euros, first in Castrop-rauxel, Witten and Selm. Other cities will follow in 2010, the nationwide dissemination will join after the introductory phase. The map is the December output. There is information about the Coinstatt currency Peter Krause in the Internet at the URL