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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 newest. New milestones, new initiatives, new horizons — we’ve acquired a bit little bit of every part actually, however we’d like to start out like we all the time 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 progress that started on the finish of the final yr. Having jumped and touched the $61k mark a month in the past, the coin is now confidently buying and selling just under. An essential milestone for ETH as properly, as for the primary time in historical past it reached 2K ETH/USD. It begins to look so much like a marathon, and we hope that our runners received’t be out of breath anytime quickly.

In fact, the extra highly effective cryptocoins get, the extra energy they require: the know-how’s rising vitality 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 group centered on decarbonizing the cryptocurrency trade in report time. You may examine their goals and rules 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: 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. Nevertheless, the cardboard programme is constant to develop and prosper (up 30%).

In B2B, we’re planning to implement a complete and detailed method to this a part of the product by the top of 2Q 2021 and can be pleased to share the information within the upcoming months. This can embrace group growth, product growth and far more. Within the meantime, we’re concentrating on the present retailers and dealing in direction of partnerships with new ones.

In the meantime, B2C has been far more energetic these days. At the beginning, we’ve applied digital verification for brand spanking new customers from the UK.

Digital verification (EKYC) signifies that customers received’t want to offer paperwork, solely enter the important data resembling their title, date of delivery and ID quantity. The method that beforehand might take a couple of 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 might need additionally seen our new Financial savings web page — a bit sneak peek on the product we’re planning to introduce later this yr. You may test it out now and depart your e mail in the event you’d like us to share the updates with you.

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

Declare income. Learn the way.

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