Swedish fintech developing offline payments solution.

BANKING AND CREDIT NEWS-March 29, 2021--Swedish fintech developing offline payments solution

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Global Banking News - 29 March 2021

Crunchfish AB, a Swedish fintech, is in the process of developing a solution that allows payments even when the Internet is not available, Bloomberg has reported.

The firm is developing software for mobile phones that lets consumers pay merchants in real time. The app can also pay in central bank digital currency and Bitcoin. Crunchfish is running a pilot with Swish, a payment services provider in the nation, in this regard.

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