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23.03.2021
News

Q&A Session with Credits CEO, Igor Chugunov.



Hello all. 

I have covered here questions received from our community last week on the company strategy, vision, and business development. 

Q: “As part of the e-commerce payment solution by Сredits digital bank. I would like to know if the digital bank will provide crypto payment integration for Shopify and eCommerce? If yes when should we expect this if ?”

A: At this moment product is in development. There is a business development plan in place that will go into action as soon as the e-commerce payment solution is released. We will be in touch with different merchands on the matter of integration. It is early for us to state now which partnerships will be made as a result, so please stay tuned and continue checking our news column for the announcements. 

Q: "I want to build a peer-to-peer exchange for the Africa market using Credits blockchain but I am not a blockchain developer. What can I do and will Credits offer any funding and technical support?"

A: We welcome community proposals on project ideas that can be developed on Credits Blockchain. Please feel free to submit your business plan in more detail to support@credits.com, and based on the information provided we will see how we can help with this.

Q: "Will the CS digital bank app be available in Canada?

A: We are working on the gradual introduction of the company's services globally. If Canada is strategically important within the target market size, then we will launch the application for Canadian users. Currently, the priority regions for launching are Europe, the Asia Pacific region, and the USA. Mostly, it depends on the regulatory component of the launch.

Q: “Credits bank we can pay by it, like credit card and exactly like traditional banks, CS bank have all features so it’s not necessary withdrawal our money to the banks, we can buy and sell by that’s one using fiat money ? for example if I want to buy a house, I can exchange my Cs coin for € or $ and send it to the seller in his bank account?

A: Yes, you can do all that. It will work exactly as a Bank, but Digital Wallet. Performing the same operations more conveniently.

Q: “Is Credits iOS app released...? Is it the CS Crypto app that is the real legit app...?”

A: Yes, the app is available on the App Store. Currently, within the framework of the marketplace, two versions of the wallet are presented there: a decentralized CS Crypto and Credits Digital Wallet. Both versions are legit, but the functionalities of the products are different. Please check the links below.

Credits Digital Wallet for fiat and crypto financial management, available for EU and UK citizens, KYC required https://apps.apple.com/ru/app/credits/id1502902555

Decentralized CS Wallet for crypto assets, available globally, no KYC required 

https://apps.apple.com/ru/app/cs-crypto/id1453191196?l=en

I hope I have provided here full answers and thank you all for sending us questions!
Please remember we collect them on our social media and in TG chats during the week, and answer them each Tuesday. Anything else you wanted to ask us, you are very welcome to do so on our channels!

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