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 tasks, new horizons — we’ve bought a bit of little bit of every thing actually, however we’d like to begin 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 seemed so good for Bitcoin as we’re coming into the seventh month of euphoric progress 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 slightly below. An essential 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 received’t be out of breath anytime quickly.

After all, the extra highly effective cryptocoins get, the extra energy they require: the know-how’s rising vitality consumption and its affect on our local weather are disheartening. Fortunately, there appears to be an rising answer to this downside 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 your entire crypto neighborhood centered on decarbonizing the cryptocurrency trade in file time. You’ll be able to examine their targets 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 progress: total, 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 continuous 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 top of 2Q 2021 and will likely be completely happy to share the information within the upcoming months. This can embody staff enlargement, product improvement and far 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 far more energetic these days. At the beginning, we’ve carried out digital verification for brand spanking new customers from the UK.

Digital verification (EKYC) implies that customers received’t want to offer paperwork, solely enter the important data akin to their identify, date of beginning and ID quantity. The method that beforehand may take a number of hours now takes a couple of minutes, which implies that our customers can now work together with their new account virtually instantly. Veni, vidi, vici!

You might need additionally observed our new Financial savings web page — a bit of 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 electronic mail for those who’d like us to share the updates with you.

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

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