CPS Platform overview
Product: Our solution enables to change common balance of power between Banks, Mobile network operators and Micro Financial Entities and to lead to qualitative improvements for the end Customers.
BENEFITS FOR MERCHANT: GROW YOUR MARGIN
- 1 % TRANSACTION FEE. Times cheaper than current rates. No token volatility risks and conversion fees, existing in current cryptocurrency based payments
- NEW CUSTOMERS. Every smartphone owner is your client, instead of just credit cards owners
- INCREASE ARA. Increase average receipt amount by offering micro-loans to the customer
BENEFITS FOR CUSTOMER: ALL FINANCIAL SERVICES IN YOUR PHONE
- EASY. Pay for anything; transfer money locally and abroad, same with cryptocurrency; deposits and loans — all you need is smartphone
- FAVORABLY. Not enough money for purchase? Use microloans for immediate payments with great interest rates! Do you have free funds? Deposit them and receive earnings with more than competitive rates!
- INNOVATIVE. Participate in crowdfunding with cryptocurrency to fund merchants, based on their rankings and performance history from blockchain
BENEFITS FOR TELCO: TRANSFORM INTO CRYPTOBANK
CPS will help mobile operators not to become Nokia, Yahoo or Polaroid, thrown out of the market CPS together with Operators will open new era in telecommunications: era of easy financial services. CPS will open the gate into the market 20 times larger than telecommunications. Operator will get chance to transform from stagnating connectivity providers into the leader in new financial markets.
Vision of our team is a confidence that the nearest future brings the following:
- Payments will be most effected by means of a smartphone. In some countries of Asia, it became a reality, as for example in China almost half of smartphone users are active users of contactless payment system.
- There will not be any division into standard mobile network operators and banks. A name of company providing a service is not so much important to a client as the service itself. It is taking place now. Many banks are creating own virtual mobile operators to cover larger number of customer needs as possible. The operators also try to keep pace and open own financial entities on a massive scale.
- The chains of 5–6 middlemen are not required to effect payment. The Blockchain Technology enables to eliminate intermediaries of the current process providing unprecedented speed and safety along with low expenses. It is already taking place in cross-border transfers market and P2P payments.
These trends will definitely develop and strengthen. Our project is perfectly fit into an overall picture of new cryptoeconomics facilitating to break the wall between fiat and cryptocurrencies and promote them for mass market. We view ourselves as a global company occupying 1–2% share of services and products payments market that will come to USD 50 trillion by the year of 2025
Business model:
- 1% acquiring service fee paid by the merchants
- Revenue on CPS Finance products: microcredits and P2P credits.
- Revenue on CPS and B2B services: CPS Marketplace, CPS Store, and CPS Advertising.
Our Team: Our team consists of 10 persons out of them the key employees have been working together on various projects for implementation of information technologies into the major financial and telecommunication companies more than 5 years. CEO has been a top manager of a consulting company and managed team over 300 persons and budgets over tens of millions of dollars. He is engaged in the direct investments. Chief Technology Officer (CTO) has worked as an architect in such major vendors as Oracle and Pega for the past 15 years and knows everything about Enterprise Software Architecture. He is working with the Blockchain during the last 2 years.
Our search: we invite the Partners who are of the same vision and could facilitate the project in the following fields:
- Business development: engagement of mobile operators to start pilot project.
- Preparation for ICO: financing of the marketing campaign.
- Regional representatives: activity-based management of company’s branch and development of business in each country of operation.