PUMAPAY

Let me start straight away by saying this project's name is just COOL !!! PumaPay, going fearless all the way up to the top. So I wanna congrats the team for the brainstorm choosing this cool name. But let's go to work, we need to what this is about.

A golden key in their thinking is "reinvent". PullContract, using a innovative architecture. As a Comprehensive Pull Payment Protocol, PumaPay is a free blockchain pull payment protocol that makes crypto billing accessible to every business. While in the present day and market where trades include credit cards and virtual cryptocurrencies like Bitcoin, this ICO project develops to facilitate on-boarding processes for both businesses and individuals. The PullContract is created to fulfill the need of billing in our generation. Based on blockchain, we can expect some great features in return, like: comprehensive, security, accessibility, flexibility.

Here's the means by which it works:

PumaPay is based on the foundation of the Ethereum system and utilizing the latest ERC233 token standard. This is essential to note in light of the fact that ERC233 evacuates the danger of tokens being lost because of erroneous contract executions.

The Protocol and Token.

The PumaPay Protocol will be available to the group for advancement. While the convention accompanies works in modules to the principle of installments writes plot here, it is intended to energize group improvement. It intends to end up noticeably a standard stage that business can use to build up their custom blockchain installment arrangement.

The 'PMA' token will be the cash traded among clients' PumaPay Wallets. While at first, clients will trade ETH for PMA tokens, it's progressing worth will be founded on the general PMA market and it will be the remains of solitary digital currency on the framework.

PumaPay is a real deal. I was just wondering when a blockchain based project will hit the crypto market, and I can see it is a perfect time for them to launch it. Going on the changes that have already been generated, the era of online payments will represent a huge segment for people for the next years. I can predict that real paper money will no longer 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, the fees and the rules can always change, but on a blockchain network, PumaPay will gain the trust on the users and investors as well. Good project, promising roadmap.

Meet the team

PullContracts' and 'PullRequests'.

These are the hearts that drive the PumaPay system

Pull Contracts allow for businesses to stipulate the cost and terms of a transaction. When a customer agrees to these terms, they complete the payment loop. The PullContracts are flexible enough to allow for one-time payments, recurring payments, shared payments, money back guarantees, restrictive spending rules, and more.
When a PullContract is agreed to by the consumer, a PullRequest is created to finalize the transaction and facilitate the withdrawal of PMA tokens from the customer's wallet, to the businesses wallet.

For example, when a customer buys a coffee, they agree to a PullContract which then allows a PullRequest for the cost of the coffee in PMA's to be executed. If the PullContract included a cost-sharing function, the PullRequest could pull money from two different consumers wallets, and so on. In a scenario where there are insufficient funds for the purchase, the business would also know, just like the way a declined credit card works today.
It's important to note that PullContracts can facilitate essentials as well as Guarantees's Money Back Guarantees. If a customer returns a product, a PullContract can facilitate the refund of a payment. To do this in the present cryptocurrency ecosystem would require too much manual labor, and

PumaPay aims to automate this kind of every day transaction.

An additional payment tool possible with this platform is the idea of ​​restricted payments. For example, a parent could provide them with a set amount of funds for spending, but restrict the use of those funds to certain types of purchases. (i.e. School Supplies OK, but Candy is not). I feel this type of monetary control over money shared with another person could prove to be very powerful.

The PumaPay SDK (Software Development Kit)

All of this will be made available and possible using the SDK for developers. Because PumaPay is a transaction free platform, and is the only platform for the growth platform, is adopted and built upon its developers.
The use cases go on and on, because the capabilities of a PullContract are as developers' imagination. Any number of requirements may be required or requested using a PullRequest. Integrated into existing systems PumaPay PullContract results. For example, an online subscription based system could grant a user access to premium app features after a PullContract is executed successfully.
The PumaPay Presale is on going on their website and they have announced that their Global ICO is coming soon.

For more information:

WEBSITE: http: //pumapay.io/
REDDIT: https: //www.reddit.com/r/PumaPay/
FACEBOOK: https: //www.facebook.com/PumaPay/
TWITTER: https: //twitter.com/PumaPay
TELEGRAM: https: //t.me/PumaPay

Author : doy17
Profile : https://bitcointalk.org/index.php?action=profile;u=1701501
Eth : 0xB17500134c9cECBE14353a5ecb2d860fc840DF24