logo cyclos
The Cyclos project is an open-source global currency platform which is a project of STRO, a leading organisation on monetary innovations. Cyclos is published under the GPL (open source) license meaning that it can be downloaded for free and used at no cost. It is currently available in ten languages and new languages are added with each release. More information can be found on this Cyclos brochure.

Some of it’s principle features are:

  • Cyclos contains many features that are useful to stimulate economic development and job creation
  • Cyclos offers a complete on-line payment system with additional modules such as e-commerce and communication tools
  • The Cyclos platform permits institutions such as local banks and MFI`s to offer banking services that can stimulate local trade and development
  • Cyclos is also used by many organizations and communities to provide community currency services

As of this publish date, there are over 500 communities using Cyclos.

A map showing Cyclos users around the world

A map showing Cyclos users around the world. Click to go to the interactive page

Cyclos Services:

– Register on-line (optional registration agreement)images/stories/applications_internet.png

– Home (dashboard) page with status overview, quick access icons, message board

– On-line client profile (client information, images)

– Payments (normal, installments, scheduled, authorization levels)

– Payment request to mobile user (requires confirmation by SMS)

– Invoices Loans (view open closed loans, repay loan)

– Loan groups (micro finance) Account summary / history, print & export payments lists Personal alerts & notifications On-line request forms (e.g. loan request)

– Personal documents, group documents (managed by administrators or agents)

– Manage account operators (a user can create operators and give them permissions to do specific tasks)

– Sign-up via mobile Payment to other users or administration Payment request (two-way payment)

– Retrieve account information / browse through transaction history)

– Info texts (texts managed in Cyclos can be retrieved by mobile)

– Notifications & alerts (personal alerts and general alerts & notifications)

– Mailings (from administration and agents)

– Bank and Telecom provider independent Optional

– OTP (One Time Password) for all commands Custom operations (programming interface that allows adding new operations)

– Supported mobile channels

– SMS banking Banking operations via SMS messaging Smart phone app For Android, Iphone, Windows and Blackberry phones

– IVR (Interactive Voice Response)

– Operations for mobile phones and landlines

– USSD module

– Menu based operations supported by high and low end mobile phones

– Debit / credit card support

– Different security options

– PIN, security card code

– On-line card management (activate/cancel/block card, reset/block PIN)

– POS (Point Of Sale) cash-in cash-out payments

– Daily transaction overview & print on POS

– Receipt printer support for WebPOS

– Print transaction reports for specific POS operators

– Manage POS devices on-line (activate, deactivate, block)

Market place (offers & wants)

– On-line (rich text) editor

– Advertisement matching alerts

– Member directory

– Contact list

– Messaging module Brokering / agents module

– Business referrals and transaction qualifications

STRO’s objective is to provide payment software that is:

  • easy to use and maintain,
  • flexible –  ‘build’ a monetary system from scratch or to extend existing software providing additional features.
  • secure,
  • highly customizable
  • entirely dynamic