![Снимок экрана 2018-06-09 в 18.32.19.png](https://cdn.steemitimages.com/DQmP55FoFHVCqEBT7Xb9HpXJMJTJ7UWEb2WxbHpw6hMwcnt/%D0%A1%D0%BD%D0%B8%D0%BC%D0%BE%D0%BA%20%D1%8D%D0%BA%D1%80%D0%B0%D0%BD%D0%B0%202018-06-09%20%D0%B2%2018.32.19.png)

**Payment cards today are the main way to pay for online and offline purchases. They were created back in the 1950, when there were no smartphones, Internet and computers, and customers confirmed the payment with their signature on the receipt. Since then, the technology has advanced, but the payment system remains the same.**

They were not created to meet the modern needs of business and a dynamically developing economy. **The old banking system with plastic cards is still alive because there are no worthy alternatives in for electronic payments.** Its structure is very complex, centralized and has many significant drawbacks for business and ordinary users:

![2.png](https://cdn.steemitimages.com/DQmdJdqXxubRS9ey7S5psiiwCp3Vg9akt5mkzz13im9DP94/2.png)

1. Huge commissions can range from 3 to 15%;
2. Possible payment delay up to 5 working days;
3. Your card details may be stolen by fraudsters during online payment;
4. A chargeback risks for merchants.

# Don't you think this system needs to be changed?

**In 2009, there was a revolution in the system of electronic money - Bitcoin appeared! It marked the beginning of a new digital era for online payments.** With the advent of bitcoin, the problem of trust and security at the expense of scalability and speed was solved. VISA payment system is able to process up to 24,000 transactions per second, and bitcoin is only 7 transactions per second. 

**After the appearance of bitcoin in the world, more than 1000 different cryptocurrencies were created, but not one of them can boast of more speed of transfers than VISA. All cryptocurrencies are designed for simple "send" actions, and modern e-Commerce needs modern infrastructure for the comfort of sellers and buyers.**

# The future is coming with Pumapay! The team aims to redesign the payment system through innovative solutions to the blockchain.

https://youtu.be/CXqGz8gZm6I

PumaPay is a free direct debit Protocol created on blockchain technology, which takes into account all the best aspects of the traditional system. The new PullContract technology is created from scratch and it has opened up huge opportunities to create any smart contracts that were not previously available. In simple terms, thanks to this protocol, the seller will be able to configure it to automate and simplify all processes in his business. This will be possible thanks to the intuitive software, and the API will provide easy access.

# What benefits will give PumaPay for the average user?

![преим2.png](https://cdn.steemitimages.com/DQmYaEPhg8ZrDDTEDvHJYAGX4Brjrjf5MtjBgBf3hqY9MfA/%D0%BF%D1%80%D0%B5%D0%B8%D0%BC2.png)

*1. Ability to make regular payments with a fixed cost without the knowledge of the payer, after agreeing on the payment (subscriptions to magazines, a gym subscription);*
*2. The "pay on demand" function will make a payment at the right time for my actually used electricity(after agreeing the terms);*
*3. With the option "payment upon" it is convenient to pay for consultation;*
*4. With PumaPay easily give their children pocket money simply by installing a limit;*
*5. Regular direct online and offline transfers are available with the wallet app;*
*6. And split payments instantly distributes the profits in the affiliate business. I am sure this option will be widely used for the largest network companies that operate around the world;*
*7. All transfers will be made using a token (PMA), which is easily converted into any cryptocurrency and Fiat money.*

**As we can see the developers are really creating an infrastructure that will be convenient to use every day. And for the simplicity of offline payments, the developers will create a mobile application PumaPride, which will display on the map the location of companies that accept PumaPay as a payment system.**

# What are the benefits for businesses that implement PullPayments Protocol?

![преи1.png](https://cdn.steemitimages.com/DQmcdvK86VZa6RmXonnqEksPPXphR3mu3apoGNpcJ7uJsEs/%D0%BF%D1%80%D0%B5%D0%B81.png)

*1. With PumaPay, sellers can forget about the reverse payments, after scanning the QR-code, the funds are transferred to the seller's account, it is possible to cancel the payment only at the approval stage;*
*2. The Pull Payment system is extremely flexible. With the help of it, sellers for the first time have the opportunity to configure the parameters of invoicing on the blockchain and fully adapt the protocol to the needs of the business;*
*3. Payment may not be intercepted by the fraudster or be subject to verification by the bank, due to the encryption of the last generation.*

# PumaPay overcomes the complexities of cryptocurrency payments and makes online and offline payments simple, very fast, free and secure.

On may 28, 2018, the alpha version of the product was released. It includes a mobile wallet for customers and a special application(open source Protocol) for e-Commerce, which is easily integrated into any trading platform and has flexible settings for the seller. The app creates a QR-code that reads the mobile app and makes the payment.

**Now you can download your mobile wallet:**
![gp.png](https://cdn.steemitimages.com/DQmedhEmsgwy8xuMLPsWJ9EanDu7jz7Xz2ehFKiFAT4dt3z/gp.png) https://play.google.com/store/apps/details?id=com.pumapay.pumawallet
![ios.png](https://cdn.steemitimages.com/DQmX9m8jXibcny1MyoZe3kEHUbhsLTvd6NPpqwwzeNNk1U3/ios.png) https://itunes.apple.com/us/app/pumapay-cryptocurrency-wallet/id1376601366

**And you can test and download the alpha version of the Protocol here:**
![gh.jpg](https://cdn.steemitimages.com/DQmRdayXRKid2dKRZNTRgwuTfpj2pp46jvyxortueXabb8H/gh.jpg) https://github.com/pumapayio/puma-poc

***Full functionality of the Protocol will be available in the next product releases.***

**The project was founded by a strong team with more than 20 years of experience in the field of high transaction volume. The team plans to conquer the world and the audience in several stages with a well-thought-out strategy:**

*1. The first partners that has fully implemented the Protocol PumaPay the system of payments of your business;*
![партн.png](https://cdn.steemitimages.com/DQmemAFobPmHxq6cifsNwp3kCaEFXLtR3xojLYso5eWAcMt/%D0%BF%D0%B0%D1%80%D1%82%D0%BD.png)
*2. Major customers who are after launch implement the Protocol and will work closely with PumaPay to promote it in the world;*
*3. Development of the PumaPride application, which will increase the popularity of using the PMA token;*
*4. The rest of the companies that will distribute the implementation of this system.*

# Conclusions and my opinion

**I am sure that the team's extensive experience and smooth development strategy will ensure the full implementation of the project and its smooth implementation in various spheres of life. This is one of the few projects on blockchain technology, which aims to solve real business problems and simplify human life. And after the implementation of the road map, I am sure the developers will be able to surprise us with their further innovative solutions.**

**Friends, thank you for reading! What do you think about PumaPay?**

![посл.png](https://cdn.steemitimages.com/DQmV8nWCuJF2GGx1nt5vdq72uL4WxzY6DKnWa2aneGpGJxN/%D0%BF%D0%BE%D1%81%D0%BB.png)

**For those who are interested in the project spread links to official sources:**

![11111.png](https://cdn.steemitimages.com/DQmUDoUbtVMtRDH8LUHbKqjwoqfMVfMTq3vJG5ViAq2Ui1r/11111.png) Website: https://pumapay.io/
![1111.png](https://cdn.steemitimages.com/DQmWLcV9haKHR7Ad8UgY72VnX1RJWoNAKzHmZrqsKxxoTTK/1111.png) Bitcointalk thread: https://bitcointalk.org/index.php?topic=2658299.0
![wp1.png](https://cdn.steemitimages.com/DQmdkwj8C2hD6DHPwx4JBfLkYjGLCkNf7UUuKByhcsPCNR9/wp1.png) Whitepaper: https://pumapay.io/docs/pumapay_whitepaper.pdf
![Telegram-icon.png](https://cdn.steemitimages.com/DQmdvX2e4G6YvFHYK4SdvpD5VS9BCNoEzGE7wN8JhrEnFnQ/Telegram-icon.png) Telegram group: https://t.me/PumaPay
![fb2.png](https://cdn.steemitimages.com/DQmRvY2cDSNpfocXk9vSnbYC8VLYJyYaHJs269yeoUgUwZU/fb2.png) Facebook: https://www.facebook.com/PumaPay/
![tw3.png](https://cdn.steemitimages.com/DQmXVmDTSZ4Lyi48gp6TeAEf8seXL9MCtvGjKVft7UzaPX7/tw3.png) Twitter: https://twitter.com/PumaPay

![1111.png](https://cdn.steemitimages.com/DQmWLcV9haKHR7Ad8UgY72VnX1RJWoNAKzHmZrqsKxxoTTK/1111.png) My bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1187301

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