Example : Alternative payment for merchants
Private network payment card with alternative money
The RES card is a payment card using an alternative currency "RES" on payment terminals. The RES currency is an alternative money used by a group of merchants, member of RES group, and stimulates SMEs' activities. Individuals that own this card can fund it in order to purchase inside this network with very advantageous conditions.
RES provides service to its members as well as a real bank : for example knowing the balance of their card and their transaction history. This system is active in Belgium and Spain.
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