Press Release

PumaPay Crowdsale Confirmed to Begin on April 26

PumaPay, the blockchain pull payment protocol startup, will commence its Crowdsale on April 26, 2018. The announcement, first released in the PumaPay Telegram group, was made by the PumaPay CEO Yoav Dror. ‘As we have achieved the Soft Cap of ETH 20k last month, we are in a strong position to commence the Crowdsale in April.  – explains Dror. PumaPay has been actively partnering with Early Adopters, and over 30 companies have already committed to implement our PullPayment Protocol from the onset. Among them are Fashion TV, Backpack, ImLive – to name a few. Furthermore, we have a number of high-profile businesses and syndicates who have expressed an interest in supporting the project’.

The Gibraltar-registered and Cyprus-based company is committed to making crypto payments available to all merchants through its blockchain-based PullPayment protocol. PumaPay’s innovation lies in its ‘PullPayment’ protocol and its architecture of smart contracts that redefines the payment process by reversing the mechanics of transactions. This enables payment practices, such as recurring payments and subscriptions, pay-per-use, direct debit, shared payments (affiliate programs) and more, which have been impossible or infeasible on the blockchain before.

As Muly Litvak, a high-profile entrepreneur and one of PumaPay’s Advisors stated earlier, ‘The PumaPay team is looking at the transactions from the merchants’ perspective. This is what sets them apart from many others. Businesses have been hungry for the payment solution that would relieve them from their pains, such as high fees from the credit card companies, chargebacks and associated fines, as well as limited cashflow due to the long consolidation timelines of the payments. Customers will benefit from PumaPay, too, but it’s the merchants who will make the protocol soar.’

Recently featured by Huffington Post, Forbes, VentureBeat, LeapRate, TechBullion and other media, PumaPay aims to redefine the global economy by channelling cryptocurrency funds into eCommerce with the help of its solution. ‘There is over $500 Billion worth of cryptocurrency in the world today, with no real usability behind it. PumaPay can help funnel these funds into the economy, giving both online and offline merchants the boost they need,’ says Litvak.

For details:

https://pumapay.io

About PumaPay:
PumaPay offers an open source free-of-charge blockchain-based protocol that decentralizes a whole layer of transaction processing services. The comprehensive and flexible protocol allows adaptors to process transactions using nearly all the familiar billing methodologies and combines the best of traditional methods (credit cards) and blockchain-based solutions.

 

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