PumaPay Adds Crypto Buying Support on Its Mobile Wallet

Wednesday, 12/08/2020 | 10:28 GMT by Arnab Shome
  • Users can purchase BTC, ETH, LTC, and BCH and convert them to PMA token.
PumaPay Adds Crypto Buying Support on Its Mobile Wallet
Finance Magnates

PumaPay, a Blockchain -based Payments company, announced today that it is now allowing its cryptocurrency mobile wallet users to directly purchase digital assets from the app using debit and credit cards.

According to the press release shared with Finance Magnates, the company is expecting a mass adaptation of cryptocurrencies with this move.

PumaPay wallet users can purchase four major digital currencies: Bitcoin, Ether, Litecoin, and Bitcoin Cash, and then it can convert them to the platform’s native PMA token to pay for goods and services with supported merchants. To add this crypto purchasing, the platform has added the support of N.Exchange.

Commenting on the development, PumaPay CEO Yoav Dror said: “By making crypto purchasing easily attainable, our new launch is enhancing and improving upon the current accessibility of decentralized payments; paving the way towards mass crypto adoption.”

Making Crypto Payments a Reality

Founded in 2017, the Cyprus-based company is intending to disrupt the micro-payments industry with blockchain technology. Its PullPayment protocol provides a 'free-of-charge' transaction platform that allows its users to 'pull' rather than 'push' cryptocurrency payments.

This will enable crypto recurring payments for any subscription-based platform, similar to any fiat-based subscriptions. The company made headlines when its crypto payment solution was integrated on the adult entertainment website Pornhub.

It is also boasting competitive cryptocurrency exchange rates, low transaction fees, complete transparency, and 100 percent privacy.

The company closed a $117 million initial coin offering (ICO) in 2018 when the market was at its peak. Its PMA token is listed on several major crypto exchanges including HitBTC, Coinbene, Bittrex, and OKEx.

PumaPay, a Blockchain -based Payments company, announced today that it is now allowing its cryptocurrency mobile wallet users to directly purchase digital assets from the app using debit and credit cards.

According to the press release shared with Finance Magnates, the company is expecting a mass adaptation of cryptocurrencies with this move.

PumaPay wallet users can purchase four major digital currencies: Bitcoin, Ether, Litecoin, and Bitcoin Cash, and then it can convert them to the platform’s native PMA token to pay for goods and services with supported merchants. To add this crypto purchasing, the platform has added the support of N.Exchange.

Commenting on the development, PumaPay CEO Yoav Dror said: “By making crypto purchasing easily attainable, our new launch is enhancing and improving upon the current accessibility of decentralized payments; paving the way towards mass crypto adoption.”

Making Crypto Payments a Reality

Founded in 2017, the Cyprus-based company is intending to disrupt the micro-payments industry with blockchain technology. Its PullPayment protocol provides a 'free-of-charge' transaction platform that allows its users to 'pull' rather than 'push' cryptocurrency payments.

This will enable crypto recurring payments for any subscription-based platform, similar to any fiat-based subscriptions. The company made headlines when its crypto payment solution was integrated on the adult entertainment website Pornhub.

It is also boasting competitive cryptocurrency exchange rates, low transaction fees, complete transparency, and 100 percent privacy.

The company closed a $117 million initial coin offering (ICO) in 2018 when the market was at its peak. Its PMA token is listed on several major crypto exchanges including HitBTC, Coinbene, Bittrex, and OKEx.

About the Author: Arnab Shome
Arnab Shome
  • 6404 Articles
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About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 6404 Articles
  • 82 Followers

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