Pullpayment Protocols Pumapay Meetup

PumaPay
For a long time (a few days ago) I did not write anything about the crypto world of currency. It’s time to fix it because I found a so-called entertaining project pumapay with the slogan of tech-blocked E-commerce payments
anyone interested in fundraising for some ambitious projects in the pre-crisis period, he will soon understand where this name came from and what the core of the platform is Pumapay.
The Pumapay project we are considering aims to combine these two phenomena, combine positive experiences, and firmly and irrevocably to eliminate negative ones. on white paper (the book) is repeatedly announced about the uniqueness and success of future platforms.
Let’s look at the white paper carefully. at first, the problem is the problem, plus and minus crowdfunding and ICO (again, my subjective opinion - ICO is a new stage of crowdfunding, there is an evolutionary process of the system, nothing more). the main weakness of crowdfunding is a long, expensive, sometimes bureaucratic process, and most importantly, depositors in certain projects receive nothing but promises. the weakness of ICO is the need to change paper money for liquid cryptocurrency through an unclear exchange or commission exchangers, misunderstandings with pending transactions, increased scam projects, no possibility of participation in removing items published.
What does the Pumapay platform maker have? They offer a universal automated platform based on smart contracts, so the searchers (developers) are mutually beneficial
The gap between e-commerce and cryptocurrency is very wide; it’s because paying with crypto is currently a logistical nightmare, but there’s no doubt that this is an untapped market.
But do not fear, the blockchain is here. pumaPay is an open source blockchain-based billing protocol that wants to provide merchants with a comprehensive solution to process crypto payments.
PumaPay protocol will enable merchants to accept cryptocurrency payments with a free, fast, flexible and scalable infrastructure. We are building a flexible product with an SDK and API that can be adjusted based on each merchant's specific needs, saving costs while eliminating the risks.
furthermore, PumaPay can potentially channel up to $ 500 billion of cryptocurrency value into e-commerce. We believe this is more than enough to disrupt the status quo.
Why will customers want to use it, why is it better than credit cards etc?
To date, cryptocurrencies have not become a universal payment tool as they only support a one-time direct payment transaction initiated by the customer.
Our protocol enables transaction types that can make cryptocurrency an actual means of payment under multiple scenarios. This will provide a convenient outlet for cryptocurrency payments.
This means great benefits for merchants as a means of payment and we are confident merchants will incentivize customer payments, so it’s a win-win for all parties.
Pay per use, scheduled payments and monthly subscriptions are all current e-commerce channels. Will there be one winner when paying with cryptocurrencies?
These payment models are common for multiple industries; they are parts of our daily lives. Monthly subscriptions and recurring payments are used for everything from gym subscriptions, magazine subscriptions to Netflix and other services.
Recurring payments can be set up for anything, including utility bills. There is no one ‘correct’ model to dominate. Each model is suitable for different purposes. PumaPay Protocol is flexible enough to allow merchants to design their own transactions that will work best for their business.
good for more information you can visit PumaPay website or whitepaper company
https://medium.com/@Rosadah/pumapay-90d12a85beca