Everyone knows how credit cards work, and we are all more than used to them. However, they are far from perfect. In fact, the entire system is in dire need of an upgrade and a new project called Pumapay aims to solve this lingering problem
Pumapay offer a new way to revolutionize the payment system with the use of blockchain technologies. The payment system (The Pull Payment) will decentralize the entire process and do a lot more than that. The project plans to remove the middleman from the equation and end the unnecessarily large transaction fees. Both business owners and customers can benefit from this system greatly.
PumaPay are developing a payment protocol that will solve the biggest problems current mechanisms have. For decades, business owners have been struggling with expensive payment systems which simply fail to keep up with the technological advances. The current system offers little to no flexibility, is very expensive, and you can easily become a victim of fraud.
And this is why we are here to present PumaPay to you. A brand new way to process transactions. With the use of their smart contracts (a.k.a. PullContracts), the platform will enable the billing process to utilize the capabilities of the blockchain.
We see the PumaPay protocol as a comprehensive solution to these common issues. This system improves the payment mechanisms in every way imaginable. With it, the payments are trustworthy, flexible, scalable, and more efficient than ever. Not to mention that the time of 15% transaction fees is over.
PumaPay was built from the ground up. This fact makes their system more flexible than any existing payment method. That, of course, includes the current virtual coins.
They offer a way to remove intermediaries from transactions to minimize risks and increase efficiency.
Using smart contracts is an excellent way to improve the trading system. And this is exactly what they are building our protocol around. You can use smart contracts to set up regular transactions in a moment. However, you can do so much more. You can set up recurring payments for your monthly subscriptions. If you are a service that charges by the hour, or even by the minute, you can use their pay-per-use option. And, if you have an affiliate program, you can set up shared payments. You can also use their payment restrictions to make sure you don’t overspend during the month. In addition, their system even allows you to combine any of the transaction types you can think of.
And, if you are a business owner, you will be able to use their Protocol any way you wish. You can even modify it to fit your needs perfectly. The system will even allow third-party companies to build on top of it and create their own services.
The PumaPay token (PMA) is what will enable you to use the platform. It is going to be the only method of transfer through their protocol. We expect the use of their token to spread through both online and offline businesses. The sale of their tokens ends on 7th May 2018, and you can get 50,000PMA for every ETH. They also offer special rates for those who are willing to make a higher contribution.
Blockchain technologies are improving the way industries work every single day. After all, the entire world is going through a new technological evolution, and yet, our payment systems are outdated. PumaPay is here to end that. With the use of their PullContracts, they can change the landscape of transactions and bring cryptocurrencies to the offline world. So, join their token sale and become a part of the finance revolution now!