PUMAPAY: Pay With Your Cryptocurrency and Choose to Live Free
Introduction
Everything you buy has a price and You pay for it. How you pay for it has changed over the years. The credit cards took over the cash and people thought this is the end. But today, as the volume of transaction is growing bigger and bigger, merchants are facing multiple issues with the current payment mechanism.The high fees of the middlemen, risk of potential fraud and theft, the time are taken for payment processing, lack of transparency and centralised system of operation are only a few of the many challenges faced by the industry.
The consumers are at the ultimate disadvantage for all the mess created by the current payment ecosystem. There is a requirement of a new and transparent payment mechanism, which allows easy and flexible options for payment to the consumers. There is a need for a new kind of platform which brings merchants and consumers on a single page. Do you think that it is possible with the current set of technology available at our disposable?
PUMAPAY
PUMAPAY is offering to build a reliable and transparent payment platform based on the blockchain technology. It believes in the Smart contract and Blockchain technology. Providing merchants with the various options of integrating cryptocurrency payment on their platform, it is leading the next revolution in the payment industry. Based on Pull Payment Protocol, which is an open source Blockchain protocol for payment, they have developed a comprehensive payment solution for everyone in the world.
Decentralization helps in reducing the costs which were earlier very high due to presence multiple layers. Making cryptocurrencies as a standard means of payment is one of their many goals for creating this platform. There are various options for payment utilising the Pull payment protocol, and a few of them are Fixed amount recurring payment, pay per use, fixed time recurring payment, one time/ single payment and shared payment. The PUMAPAY token is the tool for value exchange on the platform, and by providing a digital wallet to the users, it has given endless choices to the token holders.
Since it is an open source protocol, third parties and independent developers are encouraged to provide a layer of services based on the protocol. According to the recent news, they have also covered adult entertainment industry under their payment protocol.
ICO & Future
PMA Tokens are generated for the project in which 20% is reserved for the ICO. The ICO starts from the 22nd March 2018 and continues for a period of seven days. 40% of the funds collected in the ICO will be used in the project implementation while 27% will be used for development and operational costs. The team at PUMA PAY is experienced in the product development and Blockchain technology.
The payment infrastructure of today is not able to handle the volume of the transaction taking place, and this results in failure in payment and loss of trust among merchants and consumers. People have become acutely aware of the current circumstances in the payment industry, where no stable payment mechanism exists to support the required transaction taking place each day.
The new world of cryptocurrency payment integration has arrived with the introduction of this platform. I think that as soon as the people realise the importance of the decentralization, they will start the adoption of the platform. The scalability of the platform is not an issue since it is made to handle large volume transactions. What will happen to the platform in the future is not something we can tell but how it adjusts itself to serve people better will determine its growth in the coming years. So, are you ready for the cryptocurrency payment?
Website – https://pumapay.io/
Whitepaper - https://pumapay.io/docs/pumapay_whitepaper.pdf
ANN - https://bitcointalk.org/index.php?topic=2658299.0
Telegram - https://t.me/PumaPay
Published by prince0200
Profile -https://bitcointalk.org/index.php?action=profile;u=1807689