PumaPay PullPayment Protocol
At PumaPay we talk a lot about pull payments and the PullPayment protocol. Claiming not to reinvent the wheel, the PullPayment Protocol is one of the hallmark features of PumaPay alongside the PumaPay Pride, which sets it apart from other blockchain-based solutions.
PumaPay innovates by reversing the mechanism of traditional crypto transactions. Instead of the Customer pushing funds to the Merchant, the pull protocol places the Merchant at the forefront, requiring that a pull be initiated by the Merchant, which directly targets the Client's wallet and, if the Client's parameters are met, the transaction goes through within seconds.
This pull innovation of PumaPay facilitates standard payment practices that were never possible before on the blockchain, such as pay-per-use, restricted, recurring, shared, and instalment-based payments. By doing so, PumaPay brings the versatility of credit cards to the blockchain, opening a whole new frontier for payments.
PullPayment at work
The solution's White Paper illustrates a variety of use cases that range from utility bill payments, gym membership and streaming media subscriptions to paying for a dinner out or expense monitoring. This is how it will work:
Want to learn more about PumaPay and how it simplifies crypto transactions? Join our Telegram group, drop us a line and let's see where the conversation goes.
Wow! Pumapay will definitely help a lot and might revolutionize the way transactions are made.
@ryap12, exactly! I've been thinking on this scenario for a while; this is the missing--highly valuable--link I've been searching for.
After watching the video, everyone should understand you
@redroots, it was a great help to me, and was explained in a way that made it easy to understand.
I like the way @pumapay is currently running their development and the crowdfunding. You have already raised $117M in the first round. I will surely go with you for long term.
thankyou for the comment!
@pumapay, this information has made the Pull Payment easier to understand. As exciting as all of this is, it's equally as confusing.
Excellent solution in the field of crypto-transactions. Your system facilitates standard payment methods and makes cryptocurrencies more attractive. I wish Good Luck to the Development Team !...
Working on it! Goodluck to everyone! Let us make PumaPay Successful!!
Nice info, PumaPay is one of trusted project