Innovators from across the globe spent the first weekend of South By Southwest showcasing their newest ideas, latest trends and the most recent hi-tech designs. Check out what Charlie Flanagan of Crnsy had to say here!
"For traditional currency exchanges [transaction costs] can be about 20 to 40 percent of the transaction. For traditional ATMs or credit cards, it can be 12 to 15 percent of the transaction. [Crnsy] brings the cost down to just 50 cents in every $100 changed," explained Flanagan.