You'll soon be able transfer money via mobile phone in Czechia
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A new project from the Czech National Bank will match bank accounts to phone numbers.
Czech banks will soon support money transfer via a mobile number
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It's hoped the system, set to launch in pilot phase this summer, will cut back errors and make peer-to-peer transfers faster and easier.
Faster, better, cheaper: Fintech is changing the way we transfer money abroad
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Czech players in the financial technlogy space are helping to drastically reduce the exchange rate.
