PumaPay - Pay in everyday life with cryptomittals: is this mission feasible?

cripcoin (36)in #puma • 6 years ago (edited)

Hello, Subscriber Friends! On this occasion I would like to emphasize a new project which I will now give you a brief illustration starting with a very important question....

How can we transform a kryptonite into a real world currency...?

That is an excellent and very important question. Today we must accept with great certainty a form of currency that must be used as a means of exchange for the purchase and sale of goods and goods. How to use managed or manipulated currencies such as USD or Euro for your daily transactions. In parallel, if there is an option available to use cryptomoney for online or offline transactions, this will mean that it will bring a great revolution to our daily lives. Today, very few merchants and vendors accept cryptomoney as payment. But it's a small network and it's too low level to expand that network across the planet. In addition, no common platform is being used for your transactions. As an example, when you manipulate your credit card for online purchases, it will ask for the type of credit card (Master / Visa) not the name of the bank that delivered the credit card. Because the payment gateway processes transactions for all Visa credit cards in the same way. Thus, a new payment gateway must be developed to verify all transactions argued in cryptom currencies. This is the only way to bring kryptomoney to the marketplace we live in today and use it effectively to make online/offline purchases, pay bills for public and/or private services, book airline tickets, dine at a restaurant, and many other benefits that are real and can already be on hand.

PumaPay's open no charge payment is a block group revolution that can be used with many real, robust payment instruments that are highly reliable, excellent quality, very flexible, easy to use and easy to manage. as well as the use and management of credit cards.

This is where PumaPay comes in and makes it even easier for consumers:

Link a variety of billing resolutions to further facilitate the recognition of cryptomoney immediately, in turn going through an unnecessary stage of the banking routine.
Interact with customers in complete and flexible billing processes, bringing together and taking into account all the problematic issues related to shared billing, which are understood with regular payments and payments, pay-per-use, solitary.
This eliminates the high risks of fraud, surcharge and all associated fines. In addition, it saves the exorbitant costs for intermediaries who charge high percentages.

It's time to transform the way we pay.

PullPayment Protocol's changes the way we pay by allowing easy and convenient processing of crypto payments, making them suitable for everyday life!

The Main Objective

Already as professionals and experts in large transactions, we must be aware of the fact that credit cards, the root of Internet billing and payments, were not fully adapted to the world of e-commerce. We have already experienced on repeated occasions the problems that merchants face on a daily basis due to an already obsolete transaction processing system. It didn't take long to see the potential of blockchain to solve these problems. Our main goal is to modernize these payment processing systems and lay the groundwork for a successful krypton-currency economy based on a PumaPay withdrawal payment protocol.

This important protocol is based on..:

Increase the use of both online and offline cryptomoney and facilitate it as a standard means of payment.
Decentralize the billing layer and save substantial intermediate costs for merchants.
Enable powerful launch partners to disrupt their industries by creating a decentralized version of their platforms
Standardize and enable comprehensive payment methods in the block chain.

The PumaPay protocol was designed from the ground up to facilitate flexibility in the mechanics of transactions. The innovative architecture opens the door to a whole universe of payment mechanisms that are impossible or non-viable when based solely on an'insert' action: subscription fees, direct debit, pay-per-use and more. The protocol is highly flexible and adaptable, giving companies the opportunity to apply their blockchain processing business logic.

Comprehensive - A robust, credible and scalable protocol that enables a full spectrum of billing methods.

Flexible - The protocol allows merchants to apply their business logic and have the freedom to choose between a ready-to-use solution or a customized implementation.

Accessible - Enables seamless access to the benefits of blockchain technology, with SDK and API for merchants and a wallet application for customers

Cases of use of extraction contracts

The flexible nature of the protocol makes it capable of addressing a wide range of options that traders can implement through prepared or tailor-made solutions. The following is a partial list of usage cases that the Extraction Payment Protocol will enable in the block chain:

1. Fixed amount Recurring payments

The Drawdown Payment Protocol allows for the creation of contracts that charge a fixed amount based on time, for example, monthly subscription fees.

2. Pay per use

Extraction contracts can be used to charge customers on a pay-per-use basis, for example, for expert advice on a per minute basis.

3. Fixed-time recurring payment

The PumaPay protocol can set up time-dependent recurring payments with a variable amount. For example, utility bills.

4. Once / alone

Extraction contracts can be applied to a single payment both online and offline through the wallet application.

5. Shared payment

The Flexible Withdrawal Payment Protocol can also be used to split the payment between several parties. For example, to facilitate an affiliate program.

6. Restricted payment

A withdrawal contract can also be restricted according to the user's preferences, for example, to ensure that a payment never exceeds a certain amount or to establish a parental block on the child's spending.

Economic Base of LDCs

The PumaPay token is the facilitator of the protocol's unique functionality. It is the only means of transferring values between the parties on the protocol and can be converted from any other kryptom currency or fiat. We look forward to the adoption of the PumaPay token within the online and offline industries, especially in e-commerce and online services. By facilitating the integration of our protocol and making LDCs a de facto means of payment, we aim to achieve a critical mass of users, thus building a thriving kryptonite economy.

Our symbolic economy

The first to adopt are companies from various industries that are already committed to integrating PumaPay's Pull solutions and not only that our launch partners will integrate PumaPay's Pull payment protocol into their platforms and work closely with us to create a foundation for decentralizing entire industries through the widespread adoption of the PumaPay token. as well as implementing an integrated application with our wallet where PumaPay token holders can explore locations to use their tokens, which significantly increases traction in participating companies and as if this were not enough, service providers will allow outside companies to create a layer of services over the Protocol, contribute to the PumaPay ecosystem and create new business opportunities for companies (e.g. credit networks, security, code verification and more).

PumaPay Route

Q2 2018

PumaPay TGE
WFP Token V1.0 (ERC20)
PumaPay Mobile Wallet V1.0 (Android, iOS)
SDK I: enables basic integration with the protocol and supports PMA by merchants
Integration with ImLive: enabling purchases using PMA tokens

Q3 2018

Testing next generation blockchain
PumaPay Wallet V2.0 (Android, iOS, Chrome) - compatible with all recurring payments
SDK II: allows integration with all PullPayment mechanisms, as well as the development of third-party extension services.
PullContract Wizard: allows the creation and deployment of parameterized PullContracts
PumaPay Pride

Q4 2018 - Q1 2019

PumaPay Wallet V3.0 (Android, iOS, Chrome), compatible with all PullPayment mechanisms
SDK III: allows integration with all PullPayment mechanisms, as well as the development of third-party extension services.
Integration with ImLive White LabelIntegration with the first users.

In the present time

Company management will prepare a detailed and final development plan for each of the components of the Protocol when we have the results of the TGE and then calculate the exact amount collected. This figure will directly influence the speed and scope of development.