The E-currency Concept Is Here To Stay!

Ever since the inception of the internet, the brilliant minds that created the underlying infrastructure envisioned a cashless world where people will be able to pay via an electronic system that’s scalable to the entire world. With the advent of Bitcoin, the proof of concept network that proved this concept to be possible we are getting close to that base concept!

However, the current constraints of bitcoin do not allow it to function as the one e-cash system to rule them all, but it works more like a store of value. As this technology is still in its budding phase, research and development are conducted to achieve the final goal of producing a worldwide currency and payment system that’s scalable to any industry!

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The PumaPay protocol: Open Source Payments for everybody!

PumaPay have created a blockchain distributed ledger system that offers state of the art payments that are more scalable and reliable than traditional payment systems like credit cards. Designed from the ground up to avoid the pitfalls of the old systems, PumaPay has developed a set of tools that greatly reduce the time for development on top of the blockchain system. By using the PumaPay ecosystem, users can take advantage of the following features:

• Billing solutions that accept cryptocurrencies and bypass credit card systems entirely
• Various traditional payment services like recurring plans, pay-per-view, pay-per-use
• Lowered risk of fraud or double spending, thanks to the distributed ledger system
• Cutting the middleware that usually pumps up transaction prices with up to 15%

The PumaPay mission is to become the staple solution for online payments and achieve mainstream adoption by implementing the following strategies.

Standardize

Realize the financial dream of elaborate payment systems for everyday use using the blockchain technology and the smart contracts feature.

Decentralize

Realizing the upload of the current billing layer to the blockchain infrastructure and save the tertiary commissions that pump up the prices for merchants using it. Thus cutting the final costs, significantly.

Major Growth

Increase the global awareness with regards to cryptocurrencies both offline and online by providing a straightforward system of payment. By using a proprietary method of payment gateways, PumaPay will act as an online payment terminal that the front-end processors can use.

If you want to join this payment revolution, you will be able to do so during the token generation event that will take place on the 22nd of March 2018. Visit us on our Website, ANN Thread, Bounty Thread and Telegram group for more details. The current soft cap is set at 20 000 ETH, and the hard cap is set at 150 million USD. PumaPay assures the investors that if the soft cap is not reached all tokens will be returned to the original contributors. Those who plan on buying for at least 6 ETH will receive a special 5% bonus. If the PumaPay protocol is as disruptive as it sounds, they will attack a 257 billion USD market that’s comprised of the current Visa cards transactions that account for 54% of the global financial products market.