What is PumaPay?
PumaPay is a comprehensive billing protocol that combines the best of traditional payment methods (credit cards) with blockchain-based solutions, and enables a more frequent use of cryptocurrencies in online & offline outlets.
With PumaPay you can:
1. Plug-in various billing solutions to enable easy acceptance of cryptocurrencies directlyinstead of through an excessive layer of banking.
2. Offer customers comprehensive and flexible billing solution, addressing all common billing practices, including recurring, pay-per-use, single payments, etc
3. Eliminate chargebacks and exorbitant middlemen transaction fees ranging from ~3% to as high as ~15%
4. Increase trust between the customer and business by using special security and privacy.
As a solid supporter of blockchain and decentralization technology, we know about the hole between internet charging necessities and existing blockchain arrangements. Mastercard handling frameworks are gradually getting to be noticeably old and must be supplanted by protocols intended to meet fast, worldwide and innovative financial needs.
Our central goal is to modernize the payment handling framework by making a prosperous cryptographic economy in light of the PumaPay Pull Payment Protocol. PumaPay Pull Payment Protocol is intended for:
The PumaPay Pull Payment Protocol
PumaPay is a free, open-source, blockchain based payment protocol featuring the unique architecture of PullPayment: Smart contracts that invert the mechanics of common cryptocurrency operations. Cryptocurrencies were designed to allow only one type of transaction – sending money from side A to side B, also known as ‘push.’
Our PullPayment Protocol enables a ‘pull’ action on the blockchain, allowing side B to connect to side A’s address via a PullContract and ‘pull’ funds into side B account. This is, of course, subject to predefined terms and prior acceptance of the transaction by side A.
PumaPay’s Protocol was designed from the ground up to facilitate flexibility in transaction mechanics. The innovative architecture opens the door to a whole universe of payments mechanisms that are either impossible or unfeasible when relying only on a ‘push’ action: Subscription fees, direct debit, pay-per-use, and more. The protocol is highly flexible and adaptable, giving businesses the opportunity to apply their processing business logic on the blockchain.
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 an out-of-box solution or a custom-made implementation.
Accessible
Enables frictionless access to the benefits of blockchain technology, with SDK and API for merchants and a wallet app for customers
PMA Economy
Token Allocation
30% : Public Contributors
10% : Growth Engine
19% : Strategic Partners & Early Adopters
5% : Advisors
10% : Team
~3% : Bounty Program & Fees
~20% : The Company
~3% : Bonuses for Public Contributors
In the Media
The Team
Road Map
More Info
Website : http://pumapay.io/
Whitepaper : https://pumapay.io/docs/pumapay_whitepaper.pdf
Telegram : https://t.me/PumaPay
Facebook : https://www.facebook.com/PumaPay/
Twitter : https://twitter.com/PumaPay
Created by : dahwal2
Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1282595
ETH address : 0xDEE2e3668E792dfB9941ca984bD7E8C91C51227c
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