Decentralized Vision, the innovative firm behind PumaPay PullPayment Protocol has announced the launch of version 2.0 of the PullPayment Protocol on Mainnet, making it easy for customers and merchants to transact with advanced billing options.
Importantly, version 2.0 of PumaPay’s payments solution supports recurring payment on the Ethereum network, simplifying DLT-based transactions for everyone.
Version 2.0 is the proof of concept of the PullPayment smart contract which will, in the long run, launch the complete functionality of the PumaPay platform.
PumaPay PullPayment version 2.0 comes with a vast array of exciting features, which include:
-Convenient Subscription – This allows users to choose their preferred recurring billing pattern. Merchants can choose to subscribe either monthly, weekly, biweekly and others.
Free Trial Subscription – As the name implies, merchants a given a free trial of the PumaPay payment system, after which they may decide to get a month’s subscription.
-Single Payment with Subscription – This feature allows customers to pay a hugely discounted initial fee for a limited period, followed by a full subscription.
For example, users could pay $2 for the first week, followed by the full monthly subscription once the period elapses.
Single Pull Transaction – this gives a client the option of executing a one-time PullPayment, most suitable for daily transactions.
Notably, the PumaPay PullPayment Protocol makes it easy for merchants to bull their clients in digital currency, eliminating the complexities that come with crypto payments.
With the PullPayment Protocol, merchants will no longer have to pay exorbitant card transaction charges and other hidden fees.
Instead, merchants will only pay very minimal gas fees. Users also benefit from the superfast transaction processing time of the PullPayment Protocol.
Users also do not need to worry about their personal details, as the anonymity of users is protected, thanks to the PumaPay cryptocurrency wallet.
In addition to supporting the new billing system, PumaPay wallet gives users direct access to their subscriptions without any form of third party interference, and changes are also free of charge.
To ensure the system runs smoothly, PumaPay supports the HTTP feature and SDK toolset makes the PumaPay solution compliant with all merchant sites.
Interested users can download the PumaPay cryptocurrency wallet on all play stores applicable to them, as the wallet is available on Android and iOS platforms.
Once installed, users can send receive or store PMA token, ETH and other ERC20 tokens.
PMA token is now live on many crypto exchanges including Bittrex, UpBit, HitBTC, CoinBene, and others.
The platform is looking to launch its merchant portal shortly.
“We’re always looking to improve and develop our solution to make it more valuable for both merchants and customers, and ultimately contribute to our community and the DLT movement,” said CEO of PumaPay, Yoav Dror.
Email: [email protected]
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