about corrency

Corrency is a system to support local economy that allows municipalities to easily and transparently use funding to support selected business areas and local citizens.

how does corrency work?

Financial support can be provided by the state, the town hall, a company or an individual

Corrent is generated from the support contributions in CZK.

Features of Corrent:

  • defined expiry date (e.g. 30 days)
  • validity for a specific location (e.g. the city of Kyjov)
  • citizen's participation in the purchase (e.g. 50%)
  • defined areas of use (e.g. food, culture, health, etc.)

Recipient of finances

Beneficiaries may be selected groups of citizens who meet the conditions set by the town hall or other scheme provider.

Corrents payment for services and products

Corrent holders can pay the merchants 50% of the total price of the service.

Merchant

The Corrency system is open to local merchants, service providers who meet the parameters set by the originator.

FROM THE POINT OF VIEW OF THE city 

FROM merchant'S POINT OF VIEW

FROM THE POINT OF VIEW OF A CITIZEN WITH A MOBILE PHONE

FOR CITIZENS WITHOUT A MOBILE PHONE