PUMAPAY(Modern Currency)
Hi..! all friends, here i will introduce about "PUMAPAY"
Let me start immediately by saying that the project name is just KEREN !!! I can see the energy and power behind PumaPay, leaving fearlessly to the top. So I want to congratulate the team for this brainstorming session by choosing this cool name. But let's get to work, we need to know what it is.
The golden key in their thinking is "reinventing". They are trying hard to attract a smart contract called PullContract, using an innovative architecture. As a full payment protocol, PumaPay is a free pullchain payment protocol that makes cryptographic billing accessible to all businesses. While today and in markets where trading includes virtual credit cards and cryptocurrencies such as Bitcoin, this ICO project promises to bring in innovative payment methods and a specially developed set of tools to facilitate the integration process for businesses and individuals. PullContract is created to meet our generation billing needs. Based on blockchain,
Last week, I met one of my schoolmates in a restaurant after a very long time. Since we both had time, we started chatting about topics like family, work, health, finances, etc. Of all the topics we discussed, the most interesting is about payments. He explains beautifully about how the payment system works today, how it works in the past and what will happen in the future. Given below the lecture summary.
Payments are an integral part of our lives. Without it, you can not buy any service products that are important to your life. With the advent of technology, the payment system has also undergone many changes from cash to wallet as given below:
Cash: This is the oldest and simplest form of payment received anywhere in the world. It's just that you have to use the relevant currency based on the country where you live. In addition, you do not need any qualifications or technical knowledge to make transactions using cash.
Check: This is the safest option for creating high value transactions. However, processing time is slow because it takes 1-3 days to clear the check and get the credit to the account. Payments of this kind are less popular these days and are slowly beginning to be abandoned.
Debit card: Debit card is the first cashless payment system used for POS / online transactions. Before swiping the card, you need to make sure that there is sufficient balance in your bank account to make the transaction.
Net banking: While it is safe and easy to use, it is not favored by many online shopping sites. Net banking can only be used to conduct online transactions.
PayPal / Skrill - This form of payment works best for purchasing products / services from international sellers. Although this type of payment is fast and secure, it involves processing fees for each transaction.
Credit cards - This is a widely used and most popular payment method because it lets you buy anything you want very easily without the need for money in your bank account. The only disadvantage of using a credit card is the high processing fees for merchants and buyers.
Wallets - This option is getting popular as many shopping retailers have their own wallets so buyers can easily add money to them and shop. No need to use any credit / debit card.
PumaPay System.
The sweepstakes contract allows the company to determine the fees and terms of the transaction. This customer accepts these terms, he completes the payment loop. PullContracts is flexible enough to allow one-off payments, recurring payments, shared payments, refund guarantees, limited spending rules, and more.
PullContract is accepted by consumers, customers, customers, and customers.
For example, by taking a customer to buy coffee, he receives a PullContract which allows then to run PullRequest for coffee costs in PMA. If PullContract includes a cost-sharing feature, PullRequest can withdraw money from two different consumer portfolios, and so on. In scenarios where funds are insufficient for purchase, the company will also be aware, just like a credit card that was denied today.
It is important to note that PullContracts can facilitate important things that guarantee guarantees. If a customer returns a product, PullContract can facilitate a refund. To do this in the current cryptocurrency ecosystem, there is too much manual work, and
PumaPay aims to automate these daily transactions.
Any additional payment tool that allows with this platform is a limited contract idea. For example, parents may provide a certain amount of funds for a fee but limit the use of these funds for certain types of purchases. (eg school equipment is fine, but Candy is not east). I think the control over money that is shared with others can be very powerful.
The PumaPay SDK (Software Development Tool)
All of these will be available and can use the SDK for developers. Because PumaPay is a no-transaction platform, and is the only platform for plate-shape growth,
Use case over and over again, because PullContract's ability is like the imagination of the developers. A number of requirements can be requested or requested using PullRequest. Integration into PullContract PumaPay system. For example, an online subscription-based system can provide access to premium app features after successful PullContract execution.
The PumaPay Presale is running on their website and they have announced that their global ICO is coming.
The PumaPay protocol also supports various payment options based on business or customer needs. Given below are a few supported payment options.
Single / One-time Payment
Shared payments
Fixed amount Payment repayment
pay per use of Payments
together
Payment is limited
Money back guarantee
Because PumaPay is an open source protocol, any business can integrate existing payment systems or develop new payment solutions through the protocol. The only thing you need to access the platform is a PumaPay (PMA) token. This token will be available for sale during the token sale event.
What does PumaToken (PMT) do?
PumaToken is a very easy token. The only goal is to transfer the value from one wallet to another.
PMT will allow merchants to save money by not paying the enormous fees required by processors and banks and it will allow consumers to pay for items using cryptocurrency.
The token will initially be a Ethereum-based ERC223 token but will be transferred to an EOS or ORBS-based token in the future.
The platform will also be able to convert other cryptocurrencies seamlessly to PMT.
Who will receive PMT?
The PumaPay team has placed a high premium on initial supporters and partners as can be seen from the distribution of their ICO tokens below:
PumaPay is the real deal. I'm just wondering when blockchain-based projects will reach the crypto market, and I see it's a good time to launch it. Taking into account the changes that have been made, the era of online payments has represented an important segment for people for the next few years. I can predict that the correct paper money will be in the near future, and the virtual coins will replace it step by step. As long as our credit cards are controlled by banks, bills and rules are always subject to change, but on the blockchain network, PumaPay also gains the trust of users and investors. Good project, a promising road map.
Roadmap
Team PumaPay
so many articles from me about the explanation "PUMAPAY" to see you again in my next article and thank you for stopping by my article.
To learn more information about PumaPay protocols and procedures for buying FDI tokens, please visit:
Author : motta1008
My wallet : 0x1DED3b4982c7312f01d3B4A94c9243B1d5FFf869
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