LJUBLJANA (Slovenia), October 29 (SeeNews) - US-based fintech company CoinText said on Monday it has launched its Bitcoin Cash (BCH) wallet in Slovenia.

The BCH wallet was launched in four more countries including Taiwan, Slovenia, Hungary and Puerto Rico, CoinText said in a statement.

"There are around 4.4 billion people with mobile phones connected by SMS," CoinText founder and CTO Vin Armani said. "CoinText offers them a frictionless way to instantly transact directly with each other."

CoinText collects a small per-byte fee of about $0.02 (0.017 euro) on all transactions no matter how much bitcoin cash is transferred, the company said.

CoinText's service is built on a foundation designed for a full suite of cryptocurrency solutions including touchless payments, streaming money, and for the Internet of Things (IoT).

($ = 0.877616 euro)