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March 2021 Report & Evaluation. It’s this time of the time once more, and… | by Alyona Shepilova | The CPAY Weblog

It’s this time of the time once more, and we’re coming again to you to share the most recent. New milestones, new initiatives, new horizons — we’ve obtained slightly little bit of every part actually, however we’d like to start out like we at all times do. With the numbers.

Numbers

Complete March 2021 income: € 1,389,052
March 2021 Income share: € 138,905
Share per 100 CPAY: € 0.154
Distribution date: April ninth, 2021
March 2021 Income share in ETH: 79.2720 ETH

Evaluation

Issues have by no means appeared so good for Bitcoin as we’re coming into the seventh month of euphoric development that started on the finish of the final 12 months. Having jumped and touched the $61k mark a month in the past, the coin is now confidently buying and selling just under. An necessary milestone for ETH as properly, as for the primary time in historical past it reached 2K ETH/USD. It begins to look lots like a marathon, and we hope that our runners gained’t be out of breath anytime quickly.

In fact, the extra highly effective cryptocoins get, the extra energy they require: the expertise’s rising power consumption and its influence on our local weather are disheartening. Fortunately, there appears to be an rising resolution to this drawback headed by Crypto Local weather Accord that pledges to decarbonise the trade and make crypto inexperienced. The Accord, impressed by the Paris Local weather Settlement, is a non-public sector-led initiative for all the crypto neighborhood centered on decarbonizing the cryptocurrency trade in report time. You’ll be able to examine their goals and ideas right here and share with us what you take into consideration this initiative and its viability.

Income

We’re persevering with with the regular development: general, in March 2021, the income was 5% higher than the final month. B2B was up 25%, whereas B2C, with out the extra income we wrote about final month, reverted to ‘regular’ volumes and was down 28% in comparison with February 2021. Nonetheless, the cardboard programme is constant to develop and prosper (up 30%).

In B2B, we’re planning to implement a complete and detailed strategy to this a part of the product by the tip of 2Q 2021 and will likely be glad to share the information within the upcoming months. This may embrace group enlargement, product growth and rather more. Within the meantime, we’re concentrating on the present retailers and dealing in the direction of partnerships with new ones.

In the meantime, B2C has been rather more energetic recently. Initially, we’ve carried out digital verification for brand spanking new customers from the UK.

Digital verification (EKYC) signifies that customers gained’t want to supply paperwork, solely enter the important info similar to their identify, date of start and ID quantity. The method that beforehand may take just a few hours now takes a couple of minutes, which signifies that our customers can now work together with their new account virtually instantly. Veni, vidi, vici!

You may need additionally observed our new Financial savings web page — slightly sneak peek on the product we’re planning to introduce later this 12 months. You’ll be able to test it out now and go away your e-mail in case you’d like us to share the updates with you.

Keep tuned — there’s a lot extra the place that got here from!

Declare income. Learn the way.

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