Nowadays, many consumers and businessmen use such tools as bank cards or e-payments to execute financial operations. However, from the point of view of a consumer, these payment tools are insufficiently efficient. Moreover, they cannot be used when working with virtual currencies.
A new free platform called PumaPay will help eliminate drawbacks of the existing system of payments.
![](http://telegra.ph/file/bcf45cfb0adcad84871c3.png)

### Project’s goal
The developers point out the following primary goals of the project:

 - to standardize complex payment tools using Blockchain technology and to provide possibility to use them;
 - to decentralize billing processes and to decrease expenditure on services provided by mediators;
 - to expand the range of application of virtual currencies in online and offline modes;
 - to modernize operation of business-partners due to creation of a decentralized version of personal payment platforms.

![](http://telegra.ph/file/ed6c30b2a7bb73be67b8f.png)

### How it works
PumaPay platform will be using a unique protocol of direct debiting based on Blockchain technology. This will make billing with use of virtual currencies accessible for all organizations. Traders can use this platform to:

 - connect various billing systems with purpose of providing a simple direct acquisition of virtual currencies while replacing organizations engaged in issuing credit cards;
 - provide clients with possibility to use flexible billing system that includes payments adjustment, payments on delivery, and a number of other operations;
 - to eliminate the risk of fraudulent operations;
 - decrease the level of expenditure due to no use of mediators.

Pull Payment Protocol has the following peculiar features:

 - support of full set of billing methods;
 - granting traders with an option to make decisions that are most suitable for their business;
 - provision of a simple access to the advantages of Blockchain technology due to a set of tools for API creation, and software for traders.

PumaPay platform will be using specialized contracts. They can be implemented to execute various types of payments. Thus, regular payments envisaging collection of monthly fees from clients can be done with the help of these contracts. Also, Pull Contract can be used to pay for delivered services, regular payments within a specified period, execution of one-time, divided, and unlimited payments.
![](http://telegra.ph/file/014352f4a1ff4fdd03b44.png)
PMA tokens will be used as payment means within PumaPay platform. They can be bought both within the platform and on cryptoexchanges.
According to the developers, value of PMA tokes will grow as the platform develops. They will be used in online commerce and in the sphere of online services. Thus, Pull Payment protocol will be used everywhere while PMA coins will become the only payment tool on the Internet.

### ICO dates and details
Preliminary placement of PMA tokens is scheduled for April 26, 2018. It will be held within 7 days.
On the first day, investors will be able to buy 50 thousand PMA for 1 ETH; on the second day – 40 thousand; on the third day – 30 thousand. Starting from day 4 through day 7, 25 thousand PMA can be bought for 1 ETH.
Project’s soft cap is 7.6 million dollars; hard cap is 150 million dollars.

### Conclusions
Given the fact that cryptocurrencies and Blockchain technology gain more popularity and, most probably, will become an integral part of our life, PumaPay project is rather topical. Not only will it make the use of cryptocurrencies accessible but also simple and convenient, which is also very important. Moreover, it will allow to decrease the level of expenditure of population and companies by 3-15% due to no use of mediators.
Another factor that makes this project reliable is the country of its origin – Israel. The project is likely to grow from an idea into a huge network that the whole world will use.

**The site and all the documentation can be found at the links below:**
[Site](https://pumapay.io/) | [Whitepaper](https://ru.pumapay.io/docs/pumapay_whitepaper.pdf ) | [Telegram](https://t.me/PumaPay ) | [ANN Thread](https://bitcointalk.org/index.php?topic=2658299.0)

**Links to my accounts:**
/ [Telegram](https://t.me/Nikita_neos) / [Bitcointalk](https://bitcointalk.org/index.php?action=profile;u=1402716) /