Press Releases
Blockchain Company’s Successful Launch has created the Platform to Advance Cryptocurrencies

PumaPay’s open-source Pull Payment Protocol offers a comprehensive blockchain payment solution that is far more credible, efficient, flexible, cost-effective, and scalable compared to current payments methods like credit cards.


, 7 July 2018

Blockchain Company’s Successful Launch has created the Platform to Advance Cryptocurrencies

With the rise and spread of Blockchain technology some companies have chosen to make the use of cryptocurrencies easier and more efficient. PumaPay is one such company, and with their recent successful launch of the PMA token and their subsequent open-source Pull Payment Protocol, they are set to streamline the use of cryptocurrency. More information can be found at: The main issue PumaPay promised to solve was the issue of direct and recurring payments. Unlike the modern debit or credit card, virtual coins like Bitcoin were not able to be taken from an e-wallet for a recurring payment. In light of this, PumaPay developed a comprehensive blockchain solution which offers robust payment mechanisms. According to PumaPay themselves, these mechanisms are far more credible, efficient, flexible, cost-efficient and scalable than current implementations such as the credit or debit card. The successful use of smart contracts and pull contracts works around current limitations in recurring cryptocurrency payments. This allows for businesses to start transitioning from direct debit payments to direct payments using cryptocurrencies. A future in which your gym membership will be paid in Bitcoin is now closer today than ever. There will be several pull contract uses available to users of PumaPay, ranging from the already mentioned fixed recurring payments to pay-per-use options to shared payment options to even restricted payment options. Pay-per-use utilizes pull contracts to charge clients on a pay-per-use basis, such as expert counselling. Shared payment is the flexible option to divide payments between a party. Restricted payments can be authorised to set up parental blocks on child spending or set limitations on payments to never exceed a set amount. On top of this, businesses and individuals who pay using cryptocurrencies with PumaPay have a variety of benefits such as eliminating risks of frauds, charge backs and associated fines and even saves the exorbitant middlemen transaction fees ranging from 3% to 15%. PumaPay raised a momentous 117 million dollars, showcasing the wide-reaching support for their vision and now with the company being in the post ICO stage they can move forward with their implementation. This has begun with another successful launch, this time of their app PumaPay Cryptocurrency Wallet. Get the App on the Apple Store: Get the App on Google Play: Visit the links above for more details.

# # #


Submitted by prcagency, Press Dev on Saturday, 7 July 2018 at 1:07 PM
Category: Enterprise Technology
Related News

Timex the Waterbury Indiglo Original Quartz TW2P83800 Men’s Watch
Friday, 20 Jul 2018

12 Ways to Protect Your Business from a Ransomware Attack!
Friday, 20 Jul 2018

Smart Parking Systems Market - Revenue of around US$34.6 mn by 2022
Thursday, 19 Jul 2018

Get your Ideal Website Designed with most Trusted Web Development Company
Wednesday, 18 Jul 2018

Xarbon Launches Asia's First Digital Carbon Credit and Partners with UNOPS to Support the Low-Carbon
Wednesday, 18 Jul 2018

Related Events

Data Science Leaders East Coast Network
Tuesday, 14 Aug 2018

Palo Alto Networks: Ransomware's Next Steps
Thursday, 16 Aug 2018

Palo Alto Networks: Virtual Ultimate Test Drive - Advanced Endpoint Protection - Aug 21, 2018
Tuesday, 21 Aug 2018

Palo Alto Networks: Virtual Ultimate Test Drive - Migration Process - Aug 24, 2018
Friday, 24 Aug 2018

International Conference on International Stability, Technology and Culture
Thursday, 13 Sep 2018

Latest News

North Carolina Banks Vs the Right Credit Union NC
Saturday, 21 Jul 2018

What to Expect from North Carolina Banks
Saturday, 21 Jul 2018

NC State Credit Union and Buying a House
Saturday, 21 Jul 2018

Hybrid Power Generation Industry with Future Market Projections for Forthcoming Years 2016 - 2024
Saturday, 21 Jul 2018

Oilfield Services Market Analysis, Share, Statistics, Trends, Forecasts to 2020
Saturday, 21 Jul 2018

Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Saturday, 21 July 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Consumer Technology
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
News & Media
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!

Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.

  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.

  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Application Range of Portable Crusher Plant
  • Palo Alto Networks: UTD NGFW - Pune 20 July 2018
  • Townlands Carnival 2018 - Music, Art And Carnival
  • 15th Annual Oncology Update CME Coverage of the 2018 ASCO Annual Meeting San Francisco, California
  • Mastering Clinical Challenges and Emerging Therapies in IBD

  • Latest Jobs
    Sorry, there are currently no entries posted here.