PumaPay-is a comprehensive blockchain solution that offers powerful payment mechanisms that are much more credible,

Maret 28, 2018

Blockchain technology has started a silent revolution in many areas such as health, travel, insurance, cars, etc. Whenever new technologies are introduced, or existing ones are modified, payment methods will also be upgraded. For example, once the internet was discovered, the concept of Net banking was introduced. Mobile banking applications were developed when 2G internet was introduced. Now, since blockchain is recreating the existing technology, it changes the way you make payments. By using blockchain technology, it is possible to transform any system from existing centralized ways into decentralized systems that will enable P2P communications to eliminate the need for intermediaries or intermediaries. So, the costs involved in the transaction will be greatly reduced.

Open source - PumaPay is being developed as a free open source protocol that will help businesses and third-party providers to integrate existing systems or develop new payment solutions based on the PumaPay protocol.
Reduce risks - Because cryptocurrency transactions do not require personal information such as credit card information, bank accounts or birthdates, transactions are completely secure and eliminate the risk of fraudulent activity.
Reduce risks - Because cryptocurrency transactions do not require personal information such as credit card information, bank accounts or birthdates, transactions are completely secure and eliminate the risk of fraudulent activity.
Various payment options - Consumers need to make payments for various destinations within one day and the frequency of payments will also vary. For example, you will pay a fixed amount for your monthly subscription to the Internet while your monthly energy bill will vary based on usage. Sometimes you need to make a payment only once. So, PumaPay provides the various payment options provided below:

Fixed amount of Repeat payment
Fixed repeat payment time
Pay-Per-use
Single / One Time Payment
Money back guarantee

In addition to the ones listed above, it also offers two innovative payment options, namely Unlimited payments and Shared payments. Restricted payments will benefit parents who want to monitor and control their child's spending habits by connecting their wallets to them. They can set predefined criteria for transactions and payments will be processed only if the criteria are met. For example, if you do not want your child to spend money on chocolate, you can set it as a limiter. In a shared payment, you can split the money in two or more parts and send it all in one transaction. Sounds interesting?

Please visit the following links to learn more information about the platform:

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