PUMAPAY Ease of Payment Online and Offline

bambang (10)in #crypto • 6 years ago

A payment is the trade of value from one party such as a person or company to another for goods or services or to fulfill a legal obligation.Payment can take a variety of forms.Barter,the exchange of one good or service for another,is a form of payment.The most common means of payment involve use of money,chequeor debit,credit or bank transfers.Payments may also take complicated forms,such as stock issues or the transfer of anything of value or benefit to the parties.

A payment system is any system used to settle financial transactions through the transfer of monetary value and includes the institutions,instruments,people,rules, procedures,standards and technologies that make such an exchange possible.A common type of payment system is the operational network that links bank accounts and provides for monetary exchange using bank deposits.

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.Visit to official website https://pumapay.io/

With PumaPay merchants can :

Plug-in various billing solutions to enable easy acceptance of cryptocurrencies directly,replacing an excessive layer of banking
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%

Our mission is to modernize payment processing systems and lay the foundations for a thriving cryptocurrency economy built on the PumaPay Pull Payment Protocol.
The Protocol is designed to :
Our mission is to modernize payment processing systems and lay the foundations for a thriving cryptocurrency economy built on the PumaPay Pull Payment Protocol. The Protocol is designed to:

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.

In some instances you will not be able to pay for your order right away,even if your card is totally valid and if you have used it with before in the past.There have been many additional security measures added to international online purchases over the year by our banking partners and credit institutions,which you might not have experienced yet.
PumaPay PullPayment Protocol was designed from the ground up specifically to address this issue and to facilitate flexibility in transaction mechanics.The innovative PullPayment architecture opens the door to a whole universe of payment mechanisms that are very common in our daily lives,both online and offline,but to date are either impossible or practically infeasible over the blockchain such as recurring payments,direct debit, pay-per-use etc.

Comprehensive
A robust all-in-one billing mechanisms far more credible,efficient,flexible,cost-effective and scalable than current billing methods.
Flexible
The Protocol allows merchants to implement their business-logic by designing their own transaction mechanisms.Merchants control all aspects of the transaction such as recurrence,currency,recipients,security measures and so forth.
Accessible
Enables merchants and customers to benefit from blockchain technology in an easy and frictionless way by offering advanced onboarding tools.

If you are interested in this project and wants to make a PUMAPAY Token purchase you must fill in FORM and submit to Admin,to get an explanation on how to purchase Token via E-mail.