PumaPay - A Pull Payment Protocol

in #blockchain6 years ago

PumaPay's open-source Pull Payment Protocol is a comprehensive blockchain solution which offers robust payment mechanisms far more credible, efficient, flexible, cost-effective, and scalable than current implementations (credit cards). Unlike today's payment methods, which include credit cards and virtual coins like Bitcoin, the Pull Payment Protocol was designed from the ground up specifically to overcome existing hurdles and offers a set of tools developed to facilitate onboarding processes for both businesses and individuals.

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With PumaPay, merchants can:
Plug-in various billing solutions to enable acceptance of cryptocurrencies directly, replacing credit card companies and other billing processors

Offer customers comprehensive and flexible billing solution, addressing all common billing practices, including recurring, pay-per-use, etc
Eliminate risks of fraud and chargebacks and associated fines.
Saves the exorbitant middlemen transaction fees ranging from ~3% to as high as ~15%

PumaPay Mission
Standardize and enable comprehensive payment methods over the blockchain
Decentralize the billing layer and save substantial intermediary costs for merchants
Increase the use of cryptocurrency both online and offline and facilitate it as a standard means of payment
Enable powerful launch partners to disrupt their industries by creating a decentralized version of their platforms

PumaPay Token
The PumaPay token is the facilitator of the protocol's unique functionality. It is the only means of value transfer between parties over the protocol and it can be converted from any other cryptocurrency or fiat. We expect the adoption of the PumaPay token within online and offline industries, especially in the e-commerce and online services. By facilitating the integration of our protocol and making PMA a de-facto payment means, we intend to achieve a critical mass of users, thus building a thriving cryptocurrency economy.
Our token economy rests on four pillars:

Early Adopters
These are businesses people from various industries who have already committed to integrating PumaPay's Pull solutions.

Launch Partners
Our launch partners will integrate the PumaPay Pull Payment Protocol into their platforms and work closely with us to create a basis for decentralizing entire industries through widespread adoption of PumaPay Token.

PumaPay Pride
This is an application integrated with our wallet where PumaPay token holders can explore places to use their tokens, thus significantly increasing traction at participating businesses.
Third Party Complementary Service Providers
Enable third-party companies to create a layer of services on top of the Protocol, contribute to the PumaPay ecosystem, and create new business opportunities for businesses (e.g. credit networks, security, code verification and more).

Token Allocation
30%The Company
17%Strategic partners and early adopters
13%Advisors, bounty, bonuses and fees
10%Founding Team

For more information
Website: https://pumapay.io/
ANN Thread: https://bitcointalk.org/index.php?topic=2658299.0
Bounty Thread: https://bitcointalk.org/index.php?topic=2658558.0
Telegram group: https://t.me/PumaPay

Author
nugezmils

BITCOINTALK PROFILE
https://bitcointalk.org/index.php?action=profile;u=1729621

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