Introducing the next generation of their crypto payment solution – PumaPay V3.0.
This major update is a redesign of the entire payment system. It’s now more efficient, flexible and adaptable with new features
Currently, the system is being further tested and improved in the alpha phase, with the aim of making it available on the mainnet in the coming weeks.
PumaPay is the first DeFi payment protocol to enable subscription payments and other advanced billing models. PumaPay democratizes payments and offers a permission-free and frictionless solution.
What V3.0 includes:
- All protocol migrated to BNB chain (Binance Smart Chain) – This means higher transaction throughput, faster transaction confirmation and reduced gas fees.
- The protocol is a Web3.0 application – Both traders and users can interact with the protocol through their browser via browser-based blockchain wallets such as MetaMask or the Binance wallet
- Support for multiple tokens – A major improvement to the protocol is support for multiple tokens. Previously, users were required to have a balance of PMA tokens available in their wallet, and merchants were required to accept the PMA token as their sole form of payment. V3.0 Introduces support for multiple tokens in the BNB chain. Additionally, the protocol has been redesigned so that merchants and users are independent of each other’s choice of currency, while retaining the PMA as the sole means of transferring value via PumaPay’s pull payment protocol.
- Integrated with AMM for automatic exchange – Multiple token support is achieved through integration with AMM (Liquidity Pools) also for automatic swaps and from the PMA token.
- Web-based wallet – PumaPay V3.0 is a Web3 application, which means that all interaction with the blockchain takes place via the protocol via the use of supported wallets, i.e. MetaMask. As such, the PumaPay mobile wallet app is no longer required to use the protocol and is scheduled to be retired.
- Decentralization of the backend – they migrated a lot of logic to an executor node (the service responsible for executing recurring payments); For the time being, they operate the executor node with the aim of enabling other entities to operate their own executor node in the future.
- Ecommerce Plugin (coming soon) – The first PumaPay plugin for WooCommerce is finalized to make crypto payments available to millions of WordPress business owners. We also plan to introduce more plugins for other popular platforms.
PumaPay is the only blockchain payment protocol that supports subscriptions and other advanced billing models. V3.0 brings it up to date with the most advanced developments in the blockchain space.
To keep up to date with relevant announcements and updates, please make sure to join PumaPay social channels.
connections
Pumapay.io
telegram
This major update is a redesign of the entire payment system. It’s now more efficient, flexible and adaptable with new features
Currently, the system is being further tested and improved in the alpha phase, with the aim of making it available on the mainnet in the coming weeks.
PumaPay is the first DeFi payment protocol to enable subscription payments and other advanced billing models. PumaPay democratizes payments and offers a permission-free and frictionless solution.
What V3.0 includes:
- The entire protocol has been migrated to the BNB (Binance Smart Chain) chain – which means higher transaction throughput, faster transaction confirmation and reduced gas fees.
- The protocol is a Web3.0 application – allowing both traders and users to interact with the protocol through their browser via browser-based blockchain wallets such as MetaMask or the Binance wallet
- Support for multiple tokens – A major improvement to the protocol is support for multiple tokens. Previously, users were required to have a balance of PMA tokens available in their wallet, and merchants were required to accept the PMA token as their sole form of payment. V3.0 Introduces support for multiple tokens in the BNB chain. Additionally, the protocol has been redesigned so that merchants and users are independent of each other’s choice of currency, while retaining the PMA as the sole means of transferring value via PumaPay’s pull payment protocol.
- Integrated with AMM for automatic swaps – Multiple token support is achieved through integration with AMM (Liquidity Pools) also for automatic swaps and by the PMA token.
- Web-based wallet – PumaPay V3.0 is a Web3 application, which means that all interaction with the blockchain takes place via the protocol via the use of supported wallets, i.e. MetaMask. As such, the PumaPay mobile wallet app is no longer required to use the protocol and is scheduled to be retired.
- Backend decentralization – they migrated a lot of logic to an executor node (the service responsible for executing recurring payments); For the time being, they operate the executor node with the aim of enabling other entities to operate their own executor node in the future.
- Ecommerce Plugin (Coming Soon) – The first PumaPay plugin for WooCommerce is being finalized to make crypto payments available to millions of WordPress business owners. We also plan to introduce more plugins for other popular platforms.
PumaPay is the only blockchain payment protocol that supports subscriptions and other advanced billing models. V3.0 brings it up to date with the most advanced developments in the blockchain space.
To keep up to date with relevant announcements and updates, please make sure to join PumaPay social channels.
Links:
Pumapay.io
telegram
media contact
Name of the company: PumaPay
Interlocutor: Media Relations
E-mail: Send e-mail
Country: United States
Website: https://pumapay.io/
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