PumaPay - Comprehensive Pull Payment Protocol

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.

STO/ICO Status

Status
Successful
Symbol
PMA
Start Date
2017-12-28
End Date
2018-05-07
Amount Raised
117019041 USD
Soft Cap
15,000,000 USD
Hard Cap
150,000,000 USD
Initial Price
1 ETH = 25,000 PMA
Token Supply
...
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Basics

PlatformEthereum
TypeERC223
AcceptingBTC, ETH, EUR, USD
Circulating Supply20%
KYCN/A
Restricted AreasN/A
HomepageWebsite URL
White PaperView/Download

About

PumaPay is a free, open source, blockchain-based payment protocol. It is built with the vision to incorporate cryptocurrency payments into daily life smoothly. The PumaPay protocol aims to solve the ‘pains’ of merchants by allowing them to process cryptocurrencies and minimize their dependency on inefficient, outdated payment methods like credit cards.

Our protocol offers a unique architecture of smart contracts inversing the mechanics of transactions. Instead of having the customer ‘send’ or ‘push’ their funds to the merchant, the PumaPay protocol allows the merchant to connect to the customer’s wallet and, following the approval or a set of rules, ‘pull’ the funds. This is why we call it ‘pull protocol’ and ‘pull payments.’ Merchants and consumers can set multiple parameters and limitations so that the payment mechanism can work to their needs.

The PumaPay pull payment protocol enables payment practices, such as recurring payments, pay-per-use, direct debit, shared payments (think commissions and affiliate programs) and more, which have been impossible on the blockchain before.

Team

Yoav Dror
Yoav Dror
CEO
Giorgos Kourtellos
Giorgos Kourtellos
Chief Blockchain Architect
Pantelis Foulis
Pantelis Foulis
CFO
Milenko Strika
Milenko Strika
Head of Product
Gleb Chernov
Gleb Chernov
VP Business Development
Stella Evagorou
Stella Evagorou
Developer