PumaPay is Based on The Basic Ethereal System

What is PumaPay?

PumaPay is a comprehensive billing protocol that combines the best traditional (credit card) payment methods with block-based solutions, and allows more frequent use of crypto in online & offline outlets.

We offer a free blockchain-based protocol that decentralizes the overall layer of transaction processing services and replaces the traditional and current traditional blockchain-based billing methodology. By using our Pull Contract and our various innovative contracts, we will enable complex and widespread payment methods, such as pay per usage and recurring transactions, which have not been offered as an all-in-one solution for cryptocurrencies today.

The driving force behind our protocol is a sign of FDI. Any cryptocurrency can be converted to PMA to fully enjoy the benefits of the PumaPay protocol.

With PumaPay you can:

Adapt to billing solutions to online and offline e-commerce outlets.

Offer flexible and comprehensive customer billing solutions, including regular payments, pay-per-use, single payment and more.

Eliminate intermediaries who charge ~ ~ 3% -15% commissions per transaction.

Eliminate chargebacks.

Improves trust between customers and businesses with special security and privacy extensions.

Emergency crypto transcripts with business directly, rather than through an additional layer of excessive banking.

Mission

To modernize the payment processing system by creating a rapidly growing crypto economy built on the PumaPay Protocol.

The PumaPay protocol is designed to:

Standardize and enable a comprehensive payment method over blockchain.

Decentralize the collection industry and save substantial costs for various mediators.

Increase the use of crypto in online and offline market to commercial level.

Enable powerful launch partners to disrupt their market by creating a decentralized version of their platform.

PumaPay Protocol

Flexibility Adjusted to Future and Current Billing Requirements
PumaPay is meant to be a flexible and customizable payment protocol to meet specific needs. The possibilities are endless for what can be done with PumaPay.
Comprehensive Popular Billing Requirement
PumaPay offers powerful, all-in-one billing mechanisms that are much more credible, efficient, flexible, cost-effective, and scalable than current billing methods.
Accessibility Tool for Protocol Adoption
PumaPay enables businesses and individuals to benefit from blockchain technology in an easy and frictionless way by offering advanced onboard tools.
Security Mechanism, Trust & Anonymity
PumaPay aims to address the trust issues between business and customers, optimize security and protect the privacy and anonymous users.

PMA economy

The PMA signs support our protocol and contribute to the growth of our ecosystem. We will promote the adoption of PumaPay tokens in the online and offline industries, while focusing on e-commerce and online services. By facilitating the integration of our protocols and making FDI as a de facto payment medium, we aim to reach a critical mass of users, thus building a growing crypto economy.

Our token economy lies in 5 pillars:

Past

During 70's, we are using only coins and currency bills for making our everyday payments. ATM machines were not available during that period. So, you need to visit the bank and withdraw money regularly to meet your daily expenses. The invention of ATMs (Automatic Teller Machines) is an important milestone in the banking industry as it is helping consumers to withdraw their money anywhere any time easily.

Present

Internet and technology have created a big impact and revolutionized the payment system. These days, you can buy any item online and make the payments via credit / debit card / net banking. To simplify the shopping experience, many online retailers like Amazon have created their own wallets so that you can easily add money to them whenever you need. So, you need not to enter your card information like a number, expiry date, and CVV every time you place an order. Country-based mobile wallets are also getting popular. For example, Google has recently introduced a mobile wallet named Tez for those living in India. Using that app, you can send payments to your friend or family easily without logging into your bank account.

Future

What is the future of payment system? That's an interesting question. Cryptocurrency or Digital currency has slowly started to capture the payment system. Why there is so much craze towards bitcoin or other cryptocurrencies? How is it beneficial than the existing payment system?

Cryptocurrency is based on the decentralized blockchain technology and smart contracts which can reinvent the payday by means of 'Pull payments'.

It reduces the number of intermediaries in a transaction and allows for P2P (Peer-to-Peer) transaction between the merchant and buyer.

Whether you are living in USA or Africa, you can use the same cryptocurrency wallet everywhere. So, cryptocurrency is the best option for making cross-border or international payments with fewer transaction fees. Money transfer services like PayPal, Skrill etc are tied to one country. If you relocate to another country, then you need to create a new account.

You can create your own currency. Sounds interesting? Yes. It is possible using the blockchain technology.

To pave the way for cryptocurrencies in everyday payments, the company called Decentralized vision is developing an open source payment protocol which makes crypto billing accessible to any type of business. As it is a free and open source protocol, it offers great flexibility for its businesses to integrate their existing payment solutions to the PumaPay platform. From the consumer's point of view, they can use PumaPay for making different types of payments like the ones given below:

Recurring payments
Onetime payment
Shared payment
Restricted payment

The only thing they need to access the platform is nothing but the PumaPay (PMA) tokens which will be available for sale during the token sale event of the company.

Allocation of Token