PUMAPAY _ Payment using crypto
How to convert cryptocurrency into real world currency? Good question. If something should be accepted as a form of currency, then it should be used as a means of exchange to buy products / services. Like, how do you use fiat currency like USD or Euro for your daily transactions. In the same way, if there is an option available to use cryptocurrency for online / offline transactions, it will bring a great revolution into the real world.
Although the value of 1 BTC has passed 13000 USD, still it is a black box for many people. Because they can not trust this crypto because they are not supported by any government. In addition, it is not widely accepted as a form of payment by many sellers. Only people see crypocurrencies as an investment option that monitors events in the crypto world.
At this time, some merchants or sellers accept cryptocurrencies as payment. But, the network is very small and there is little room to expand the network around the world. In addition, they do not use a common platform to conduct their transactions. For example, when you use a credit card for online shopping, you will ask for the type of credit card (Visa / Master) and not the name of the bank that has given you the credit card. Because the payment gateway processes transactions for all Visa credit cards in the same way. Similarly, new payment gateways need to be developed to process all transactions based on crypto. Then only, you can bring cryptocurrency to the real world and use it effectively to make online / offline shopping, pay utility bills, book airline tickets, eat at restaurants, etc.
PumaPay is an attractive payment protocol on free blockchain. This allows businesses to offer crypto bills. The possibilities are endless, when the digital business integrates PumaPay. Its robust payment mechanisms are reliable, flexible and measurable. In addition, it's the most economical. It offers a set of tools for the onboard business and people on the platform. It has been designed from scratch. Blockchain is a new technology and PumaPay will be very unique. It can be a pioneer in helping blockchain adaptation for businesses and individuals. Let's take a look at more details about the concept and its ICO in this post.
What traders can do with PumaPay?
> Merchants can take advantage of multiple billing solutions to facilitate crypto reception directly. It replaces the banking layer litter.
> PumaPay effectively eliminates all types of cheats and unusual chargeback risks. Pay no unfair penalty.
> Merchants will be empowered to provide flexible billing solutions to handle conventional billing practices. Repeat payments, pay per usage, etc ... can be enabled.
>PumaPay helps save transaction costs. No need to pay middleman fees 3-15% more.
Some use cases
>Periodic payments: John wants to subscribe to car-related magazines every month. If a merchant uses PumaPay, John can check by scanning a given QR code. Once the generated YAML file is received, the pull contract is committed to the blockchain, which will create a pull request from John's account each month.
> Shared Payment: Barbara has a successful ecommerce store running. He wants to scale it through affiliate marketing. He does not have the tools or expertise to build an affiliate network. With PumaPay, he can create Pull contracts to get customers to be bound by separate payment contracts. Contacts will automatically split the revenue on each sale from the affiliate.
MISSION
PumaPay wants to fill the gap between billing payment solutions and online blockchain. It aims to achieve it.
> PumaPay wants to fill the gap between billing payment solutions and online blockchain. It aims to achieve it.
> Decentralization of many layers of billing and thus save the cost of intermediaries, traders will pay otherwise.
> Increase the use of offline and online blockchain solutions and facilitate them as accepted billing standards.
> Allows its partners to transform their respective industries through the creation of a decentralized version of the existing platform.
ICO
ICO global PumaPay is coming soon. You can register their presale and ICO from their site. Presale and ICO are expected to begin in the first quarter of 2018. 30% of total tokens are reserved for public contributors. The company gets about 20% of tokens. Strategic partners and early adopters are awarded 19% more. Bounty campaign and bonus each get 2-3% token. The exact date for presale or ICO has not been announced. Even their whitepapers have not been published yet. The presale prompt window does not demand too much information for now.
TOKEN
The PumaPay Token is designed using an ERC223-compliant protocol (ERC-20 extension) to generate its Pull contract. The token will list on the stock as a FDI. ICO is scheduled March 15 to 27 th , 2018. More details of the ICO can be found on the site this PumaPay .
PUMAPAY BENEFITS
> provides a measurable, efficient, cost-effective billing mechanism compared to other billing methods. The blockchain platform provides an easy onboard tool for businesses.
> plug-in for the billing solution will allow the reception of cryptocurrency without requiring the usual banking transaction layer with common billing types (e.g. recurring, single use, pay-per-use, scheduled payments, monthly subscriptions or one payout).
> this platform will increase trust between customers and businesses by using superior security and privacy protocols. This protocol will include security extensions of the money back guarantee (allowing cancellation of purchases) and restricted payments (allowing wallet owners to control connected wallet activity).
Thus explanation of PUMAPAY from me, may be useful and can be a reference for you to immediately join PUMAPAY.
FOR MORE INFORMATION PLEASE VISIT LINKS BELOW:
Website: http://pumapay.io/
Twitter: https://twitter.com/PumaPay
Facebook: https://www.facebook.com/PumaPay/
Telegram: https://t.me/PumaPay
My profile: https://bitcointalk.org/index.php?action=profile;u=979957
ETH Address: 0x32412715249f0c79b4fb958c6E32D871EaC778D2
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