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PumaPay – a comprehensive blockchain solution

PumaPay’s open-source Pull Payment Protocol is a comprehensive blockchain solution which offers robust payment mechanisms far more credible, efficient, flexible, cost-effective, and scalable than current implementations (credit cards). Unlike today’s payment methods, which include credit cards and virtual coins like Bitcoin, the Pull Payment Protocol was designed from the ground up specifically to overcome existing hurdles and offers a set of tools developed to facilitate onboarding processes for both businesses and individuals.

With PumaPay merchants can:

  • Plug-in various billing solutions to enable acceptance of cryptocurrencies directly, replacing credit card companies and other billing processors
  • Offer customers comprehensive and flexible billing solution, addressing all common billing practices, including recurring, pay-per-use, etc
  • Eliminate risks of fraud and chargebacks and associated fines.
  • Saves the exorbitant middlemen transaction fees ranging from ~3% to as high as ~15%

Their Mission

As high-volume transaction experts, they are well-aware of the fact that credit cards, the foundation of online billing and payments, were never fully adapted to the world of digital trade. They have experienced firsthand the issues merchants face daily thanks to an outdated system of transaction processing. It didn’t take much for us to see the potential of blockchain to solve these problems. Their mission is to modernize payment processing systems and lay the foundations for a thriving cryptocurrency economy built on the PumaPay Pull Payment Protocol. The Protocol is designed to:

  • Standardize and enable comprehensive payment methods over the blockchain 
  • Decentralize the billing layer and save substantial intermediary costs for merchants
  • Increase the use of cryptocurrency both online and offline and facilitate it as a standard means of payment
  • Enable powerful launch partners to disrupt their industries by creating a decentralized version of their platforms

The PumaPay Pull Payment Protocol

PumaPay is a free, open-source, blockchain based payment protocol featuring the unique architecture of PullPayment: Smart contracts that invert the mechanics of common cryptocurrency operations. Cryptocurrencies were designed to allow only one type of transaction – sending money from side A to side B, also known as push. Their PullPayment Protocol enables a ‘pull’ action on the blockchain, allowing side B to connect to side A’s address via a PullContract and ‘pull’ funds into side B account. This is, of course, subject to predefined terms and prior acceptance of the transaction by side A.

PumaPay’s Protocol was designed from the ground up to facilitate flexibility in transaction mechanics. The innovative architecture opens the door to a whole universe of payments mechanisms that are either impossible or unfeasible when relying only on a ‘push’ action: Subscription fees, direct debit, pay-per-use, and more. The protocol is highly flexible and adaptable, giving businesses the opportunity to apply their processing business logic on the blockchain.

PMA Economy

The PumaPay token is the facilitator of the protocol’s unique functionality. It is the only means of value transfer between parties over the protocol and it can be converted from any other cryptocurrency or fiat. They expect the adoption of the PumaPay token within online and offline industries, especially in the e-commerce and online services. By facilitating the integration of their protocol and making PMA a de-facto payment means, they intend to achieve a critical mass of users, thus building a thriving cryptocurrency economy.

 Their token economy rests on four pillars:

Early Adopters : Businesses from various industries who have already committed to integrating PumaPay’s Pull solutions.

Launch Partners : Their launch partners will integrate the PumaPay Pull Payment Protocol into their platforms and work closely with us to create a basis for decentralizing entire industries through widespread adoption of PumaPay Token.

PumaPay Pride : An application integrated with their wallet where PumaPay token holders can explore places to use their tokens, thus significantly increasing traction at participating businesses.

Third Party Complementary Service Providers : Enable third-party companies to create a layer of services on top of the Protocol, contribute to the PumaPay ecosystem, and create new business opportunities for businesses (e.g. credit networks, security, code verification and more).


For more information, visit the Website or read the Whitepaper.

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