Spending stays inside the network
Earmarking is the rules you set before the spend. By geographic area and by list of participating suppliers, it frames the use across a town, a department or a region.
Territorial deployment
Spending stays in your area, and every payment proves it
A scheme holder, users, participating suppliers and rules of use. We settle with you how the digital euro account is organised, the financial services and the full circuit, from funding to redemption
Benefits
What this service changes for your teams
A network that is administered
Shops joining, funding, payment, collection and redemption: each step has its journey and its owner.
An indicator of local use
The share of payments made with participating suppliers over the period. That ratio measures the use of the network.
Your rules
What we set with you, before the network opens
The core is the same for every digital euro account. What varies from one digital euro account to the next is set with your teams, before the first spend
The scheme holder and governance
The eligible scheme holder, the governance, the joining process, the network and conversion. Every territorial digital euro account is built with its scheme holder.
Examplea territorial body, to be qualified
The legal characterisation
The difference between a budget in euros limited to local suppliers and a genuine complementary local currency, to be examined with competent advisers.
Exampleto be examined with competent advisers
The network of participating suppliers
The shops and producers where spending is possible, and the geographic area adopted.
Example40 shops, one group of municipalities
The full circuit
Funding, spending, collection, redemption, and recirculation between shops only if it is part of how the digital euro account is organised.
Examplefunding, spending, collection, redemption
Deliverables and how it works
What we put in place with you
- ✓The study of how the digital euro account is organised and the charter of the network.
- ✓The journeys for joining, funding, paying and redeeming.
- ✓The administration of the network and the indicators of local use.
What we show before any commitment. Before any commitment, we validate the legal characterisation and the roles. Then we test a full circuit: funding, spending, collection and redemption.
A worked example
A territorial scheme holder, or a network of shops
A territorial scheme holder wants to offer a digital local currency with participating shops. MAP provides the financial and technical services, and the scheme holder keeps its role
- Scheme holder
- a territorial body, to be qualified
- Network (example)
- 40 participating shops
- Area (example)
- one group of municipalities
- Envelope per user (example)
- €600.00
- Circuit tested
- funding, spending, collection, redemption
- Recirculation
- only if it is part of how the digital euro account is organised
Situation and values given as an example. The terms of your digital euro account are set with your teams.
Frequently asked questions
The questions asked about this service
What is an earmarkable digital euro?
Euros, on an account, that can only be used for what you have decided. You set the rules before the money is spent: who, when, how much, where and what for. It is electronic money, issued one for one against the euros you pay in. It is issued by Mon Ami Poto SAS, an electronic money institution authorised by the ACPR under number 17698, and redeemable at any time at par.
What can I decide for my digital euro account?
Who, when, how much, where and what for. You choose the registered users, the ceilings per transaction, per day or per month, the period, the authorised suppliers or categories, the geographic area. You allow online payment and cash withdrawals, or you do not. For example: €600.00 per household, at food suppliers in the chosen area, for three months.
Can MAP be integrated into a platform?
Yes. The journey, the interfaces and the responsibilities are defined with your technical teams, from the first conversation. The interfaces opened to your digital euro account are set out there. They are opened digital euro account by digital euro account.
How much does a digital euro account cost and when can it start?
The terms and the timetable depend on what is covered, the uses, the number of users and the integration: they are set when your digital euro account is studied. A MAP expert will get back to you, with no commitment.
The services that go with this one
Get in touch
Look at this service with us
Tell us who funds the digital euro account, who uses the funds and what it must allow people to pay for. We identify the rules, what you must be able to track and the points that need validation.