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Cyclos

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Software Status:Active

About Cyclos

Cyclos is a software platform from Social Trade Organisation (STRO) that supports the management of local currencies and community exchanges. It provides features such as transaction tracking, community engagement tools, and flexible currency creation so users can foster local economic activities. Cyclos enables organizations and communities to create their own local currency systems, allowing for tailored financial solutions to meet specific community needs. It also offers reporting tools to assess the impact of local currencies on the economy. Key capabilities: transaction management community engagement customizable currency settings impact reporting user-friendly interface Best for: local organizations and communities that need to manage or implement alternative currency systems.

Cyclos Details

Vendor
Social TRade Organisation (STRO)
Year Launched
2003
Location
Oudegracht 42, Utrecht, Netherlands, 3511 AR
Deployment
cloud
Training Options
documentation
Countries Served
All Countries
Languages
English
Users
Individual Users, Small Businesses, Non-profit Organizations, Microfinance Institutions, Cooperative Banks, Community Currencies, Local Exchanges, LETS (Local Exchange Trading System) groups
Industries Served
banks, microfinance institutions (MFIs), barter networks, regions and governments, and social currencies
Tags
Banking Systems Software, Cyclos

Cyclos's In-App Market Place

Does Cyclos have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($), EUR (€), GBP (£), AUD ($), CAD ($), JPY (¥), CHF (Fr), CNY (¥), INR (₹), SGD ($), HKD ($)

Pros & Cons

  • 1. Open-Source: Being open-source, it offers flexibility and customization, allowing for tailored solutions to meet specific needs.
  • 2. Scalability: Designed to handle both small-scale and large-scale payment systems, making it suitable for various organizations.
  • 3. Diverse Applications: Can be used for a wide range of applications, including banking, bartering, social currencies, and e-commerce.
  • 4. Security: Prioritizes security and offers features to protect user data and transactions.
  • 5. Community Support: A strong community of developers and users provides support and resources.
  • 6. Customizable: Can be customized to fit specific business needs and workflows.
  • 7. Mobile-Friendly: Offers mobile banking, SMS banking, and USSD banking solutions to cater to diverse user preferences.
  • 1. Steep Learning Curve: Due to its complexity and customization options, it may require technical expertise to implement and maintain.
  • 2. Initial Setup Costs: Implementing Cyclos may involve significant initial setup costs, especially for large-scale deployments.
  • 3. Ongoing Maintenance: Regular updates and security patches are necessary to ensure the software's continued functionality and security.
  • 4. Limited Commercial Support: While community support is available, dedicated commercial support may require additional costs.
  • 5. Potential Complexity: The open-source nature can lead to a complex configuration and customization process.

Cyclos's Support Options

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