Overview
Custom currencies let you replace real-money pricing with a token-based system for EPOS transactions. Instead of pricing products in GBP or USD, you create a named currency (e.g. “Tokens”, “Credits”, “Festival Bucks”) that customers purchase via top-ups and spend at EPOS shops. This is common at festivals, conferences, and venues where a cashless wristband or card system is used — customers load tokens onto their account and spend them at vendor stalls without needing to handle cash or card payments for each transaction.When to Use Custom Currencies
Cashless festivals and events
Cashless festivals and events
Customers top up their wristband with tokens at a top-up station on arrival. They then tap their wristband at any food, drink, or merchandise stall to pay with tokens. At the end of the event, any remaining balance can be cashed out.
Closed-loop venue payments
Closed-loop venue payments
A venue creates its own currency that customers load onto a card or badge. Pricing in tokens simplifies transactions — a drink might cost 2 tokens rather than requiring exact change or card processing at every point of sale.
Simplified pricing across vendors
Simplified pricing across vendors
When multiple vendors share a site, pricing everything in tokens avoids currency conversion complexity and gives customers a consistent experience. One token always equals one token, regardless of which shop they visit.
How Custom Currencies Differ from Standard Currencies
| Aspect | Standard Currency | Custom Currency |
|---|---|---|
| Examples | GBP, USD, EUR | Tokens, Credits |
| Currency code | International standard (e.g. GBP) | Custom 3-character code (e.g. TKN) |
| Decimal places | Yes (e.g. £4.50) | No — whole units only (e.g. 5 Tokens) |
| Processing fees | Applicable | Not applicable |
| Tax bands | Available on products | Available on products |
Creating a Custom Currency
Custom currencies are created from the EPOS settings page:- Navigate to EPOS > EPOS Settings
- In the Epos currency dropdown, select the custom currency option
- Enter a Currency name — this is the display name customers and staff will see (e.g. “Tokens”)
- Enter a Currency code — a 3-character alphabetic code used in reports and exports (e.g. “TKN”)
- Click Save
- Exactly 3 letters
- Unique — it cannot match any standard international currency code or any other custom currency on your account
Once a custom currency is created, you can update its name and code from the same settings page. The currency will continue to be used for all existing product pricing.
How Pricing Works with Custom Currencies
When EPOS is configured with a custom currency:- All product prices are set in the custom currency (e.g. a burger costs 3 Tokens)
- The processing fee fields are hidden on product forms, since token transactions don’t involve real payment processing
- Products still support tax band assignment
- The custom price option remains available, allowing staff to enter a different token amount at the point of sale
