Scottish payments system
Paying Our Way: The Case For A Scottish Payment System
Author / Creator: Peter Ryan
Media type: Policy Paper
Date published:
Scottish authorities could set up a publicly owned, not-for-profit payment system which would reduce fees for banks, businesses and consumers as well as ensuring that more money is injected back into local economies. A secondary effect of this national payment infrastructure would be to make it significantly easier for an independent Scotland to launch its own currency.