Sylvia Rhomberg

When you swipe this card, it keeps our money local

A new mutual credit exchange can stimulate local businesses with local money

We're working to bring to Vermont a community-centered economic system that makes payments through a secure, digital technology - just as debit cards do.

The Vermont BENE Group (Better Economics for Neighbors Everywhere) has been meeting in Brattleboro every week since last winter planning the rCredits system in Vermont.

As a user, you exchange the dollars you deposit into credits that can be used with a special card at participating businesses.

Local spending encourages more local circulation, which stimulates the local economy. The rCard will automatically steer business to local merchants because people will want to use their card at businesses. But the great innovation is that both businesses and individuals receive incentive bonuses (rebates). These are designed to enhance the wealth of the community.

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