PUMA PAY: comprehensive blockchain mechanism offers Make Crypto Billing Through Pullback Payment Protocol


What is PumaPay?

PumaPay is a comprehensive blockchain solution that offers stronger payment mechanisms that are much more credible, efficient, flexible, cost-effective, and scalable than current applications (credit cards). Unlike current payment methods, which include virtual credit cards and coins such as Bitcoin, the Pullback Payment Protocol is designed from the ground up specifically to overcome existing obstacles and offer a set of tools developed to facilitate the orientation process for both businesses and individuals.

Since most people do not understand the technology that supports their debit and credit cards, we'll give you a brief synopsis. When you swipe your card, the Visa network records your transactions and assesses the credit worthiness to complete the transaction completely. Then, your financial institution is contacted within the next few days to verify the transaction.

Features

This transaction is not only a peer to peer and fast, but also very flexible. Users will have the option to choose recurring payment methods such as subscriptions for magazines and apps like Netflix for a fixed amount. At the same time, various bills such as electricity and counseling sessions will be paid in accordance with established contracts, ensuring security. The blockchain's primary blockchain instant payment has been cleared by an ingenious pumapay payment mechanism that has use cases in everyday life!

PumaPay - a comprehensive blockchain solution

The PumaPay Open-source Payment Protocol is a comprehensive blockchain solution that offers powerful, more cost-effective, flexible, cost-effective, and scalable payment mechanism than the current implementation (credit card). Unlike today's payment methods, which include virtual credit cards and coins such as Bitcoin, the Pullback Payment Protocol is designed from the ground up specifically to overcome existing obstacles and offers a set of tools developed to facilitate the orientation process for both businesses and individuals.

With PumaPay merchants can:

Plug-in billing solutions to enable direct reception of cryptocurrencies, replace credit card companies and other billing processorsOffer a comprehensive and flexible billing solution for customers, handle all common billing practices, including recurring, pay-per-use, etc. Eliminate the risk of fraud and chargebacks and related fines. Saves very high intermediary transaction costs ranging from ~ 3% to as high as ~ 15%

Profits for businesses, merchants, and consumers alike

PumaPay Pull contracts allow businesses to choose any billing mechanism, such as:


  • Shared payments
  • Payment is limited
  • Pay per usage
  • Monthly subscription
  • Scheduled payments
  • Single payment

How can a company make the most of PumaPay

This protocol promises to provide great benefits to companies (e-commerce vendors, online and offline merchants, service providers, etc.):


  • Decentralization of credit card payment processing
  • Remove any risks associated with fraud, associated penalties, and chargebacks
  • Reduce processing costs
  • Cut the intermediary transaction fee (which can currently range from 3 to 15%)
  • Go directly to a billing partner
  • Saves billions of dollars per year
  • PumaPay distributes crypto money to merchants and also allows individuals to use crypto currency in buying products and services daily.

COMPANY VISION:

PumaPay aims to be the base layer for cryptocurrency payments worldwide.

The PumaPay protocol will consist of on-chain and off-chain components that make it easy to use to improve customer satisfaction and experience. The main purpose of this company is to make our online and offline lives easier.

'PullContracts' and 'PullRequests'.

This is the core of the PumaPay system. Withdraw Contracts provides businesses with the capacity to specify terms and transaction fees. When a customer agrees to the terms, they complete the payment loop. PullContracts has enough flexibility to allow repeat payments, one-time payments, money-back guarantees, shared payments and a number of others.

When a customer approves PullContract, PullRequest is produced to complete the transaction and help withdraw the PMA token from the customer's wallet to the business wallet more quickly and smoothly.

Sustained Token Sales!

Presale currently runs on the website with a ten percent bonus of a PMA token. 55,000 tokens can be purchased for one ETH that will drop to 25,000 per ETH at the end of the ICO. Public sale will last for one week starting from 26 April. The total number of tokens to be printed will be determined on the number of tokens sold during the sale which will be twenty percent of the total. Softcap is set at twenty thousand ETH and hardcap of 150 million USD. A five percent bonus will be given to investors with a contribution of six ETH or more.

TOKEN DETAILS:

The PumaPay Token will be one of its kind with its function, the token will be developed as ERC223 compliant and will be launched in public blockchain technology, after six months the actual and final version of the token will be launched.

Team

CEO Yoav Dror has a complicated, executive-level experience for two full decades at various online companies. MBA with a tendency to blockchain, the only perfect combination for his ingenious efforts. CFO Pantelis Foulis has been a Chartered Certified Accountant for the past 23 years with extensive experience in finance. The core team is strong, capable and supported by a team of experienced advisers with supporters such as Dovi Frances and Muly Litvak.

if you are not satisfied with this, you can visit the link below:

Website : https://pumapay.io/

Whitepaper : https://pumapay.io/docs/pumapay_whitepaper.pdf

Telegram : https://t.me/PumaPay


Twitter : https://twitter.com/PumaPay

My bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1140838



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