Dr. Hugo Godschalk is a native Dutchman that lives in Germany for more than 35 years. He is member of the advisory board of the Association of the Regiogeld initiatives. Hugo is the founder and managing director of PaySys Consultancy in Frankfurt am Main.
Since 2000, PaySys represents the European Payments Consulting Association (EPCA) as a German founding member. Before that, Hugo studied economics at the University of Münster-Westfalia (1974 – 1979). Following his Ph.D. in economics in 1982 with a dissertation on electronic money, he has spent 5 years as researcher at the same university.
He started his career in the payments industry at the Gesellschaft für Zahlungssysteme (GZS) in Frankfurt, becoming head of business administration. From 1990 until 1993, he worked for 3 years as a senior consultant for Ordina GmbH, covering payment and card business related topics.
Hugo has published several books, expert reports and many articles on monetary and payment related topics (money system reform, history, innovation, regulation and complementary currencies).