PUMAPAY - A free blockchain pull payment protocol that makes crypto billing accessible to every business

davidtosin (8)in #blockchain • 7 years ago

About PumaPay
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.

With PumaPay you can:
Plug-in various billing solutions to enable easy acceptance of cryptocurrencies directlyinstead of through an excessive layer of banking
Offer customers comprehensive and flexible billing solution, addressing all common billing practices, including recurring, pay-per-use, single payments, etc
Eliminate chargebacks and exorbitant middlemen transaction fees ranging from ~3% to as high as ~15%
Increase trust between the customer and business by using special security and privacy
Our Mission
As strong advocates of blockchain technology and decentralization, we are well-aware of the gaps that exist between online billing needs and existing blockchain solutions. Credit card processing systems are slowly becoming obsolete and need to be replaced by a protocol that is designed around the needs of a fast-paced, global, and technology driven economy. Our mission is to modernize payment processing systems by creating a thriving cryptocurrency economy built on the PumaPay Pull Payment Protocol. The PumaPay Pull Payment Protocol is designed to:

Standardize and enable comprehensive payment methods over the blockchain

Decentralize the billing industry and save businesses substantial costs on various mediators

Increase the use of cryptocurrency in online and offline markets to commercial levels

Enable powerful launch partners to disrupt their markets by creating a decentralized version of their platforms

PumaPay is Reinventing Everyday Payments — Huffingtonpost.com
There is a natural evolution successful technologies all seem to follow, with a tipping point of widespread adoption launching them into our lives forever. They go from being obscure, with their validity or feasibility aggressively

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