How to change the payment system in the future thanks to Blockchain

In fact, that to say about the future payment system, first look a bit back, that to understand, but how did it look like before?
We will not dive into prehistoric times, where for example seashells were used for the exchange.

It's better to remember those times when there were no automatic ATMs and smartphones.

• People stood in the bank, that would make all the necessary payments (utilities, light, water...)
• Then this continues to this day, automated ATMs began to appear, with their help we can make all the necessary payments without operator participation.
• In the future, with the arrival of the blockchain to the masses, all this will go to the third plan, there will no longer be a need to go to the ATM or queue at the savings bank to pay utility bills. Pymapay offers to simplify all this and creates a platform for automation of all necessary payments, whether it's utilities, the Internet, cellular communications, etc.

For clarity, let's look at an example:

John needs to pay for a communal apartment in the month of 130$. But the service company Jon connected the PumaPay protocol at its enterprise as a payment option. John you must provide the data for your account PullContract is created using PumaPay SDK, QR-code for it is displayed on the screen. he browsing QR-code, with the description of the contract in which all conditions for the provision of services are prescribed, it prescribes that monthly from a personal account John an amount equal to its monthly utility payment will be written off in the amount of 130$.
In fact, you might think that this technology is already in use and there is no need to provide your data PumaPay. I hasten to remind you that now I write about future technologies with the use of a blockchain, the more so all these payments we can make with the help of crypto currency, and not with the help of fiat money, which will greatly simplify our life.
In the PumaPay protocol, various payment types are also used

• One-time payment
• General payment
• Fixed amount Repeated payment
• Payment for the use of payment
• Limited payment
• Money back guarantee

Conclusion

In conclusion, I want to say, why do we need the PumaPay protocol? In my opinion, everything is very simple, you can make payments from anywhere in the world, anywhere in the world, with the help of crypto currency, without having to have dozens of accounts in different currencies, but just connect to the protocol PumaPay set up all the payments for themselves and periodically replenish their single purse, while trusting the automated system, distribute all the necessary payments, at the time and for the necessary amount.
Look at this short video to better understand how the protocol is arranged PumaPay

For more information, click on the links below to learn more about the company Pymapay
WEBSITE | ANN THREAD | WHITEPAPER | TWITTER | FACEBOOK | TELEGRAM | BOUNTY

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