Sticpay Adopts PumaPay Cryptocurrency Billing Solution
Taking a bold step into the crypto space, Sticpay adds one more option to its spectrum of payment options: PumaPay
Limassol, October 18, 2018: Payment services company Sticpay partners with blockchain startup Decentralized Vision Ltd for the adoption of PumaPay, a revolutionary cryptocurrency billing solution that introduces a vast array of billing methods, such as recurring payments, pay-per-use, shared and restricted transactions on the Ethereum blockchain.
Sticpay will include the PumaPay (PMA) token among the e-wallet’s payment options. Sticpay is a global-reach payment processor focused on tailoring a digital payment solution and digital wallet to facilitate secure and fast cash transfer between international accounts.
Integrating PumaPay’s PullPayment Protocol will allow Sticpay to expand its market share and add one more payment method to the ones it currently provides. In turn, Sticpay users will be able to easily and conveniently transact using the PMA token. On the other hand, Sticpay will enjoy all the advantages of the recurring billing protocol offered by PumaPay.
“We are thrilled to partner with Pumapay especially when Sticpay is seeing exponential growth in our global user base. Sticpay has always been at the forefront of the blockchain technology and we are confident that the partnership will be great for the entire payment ecosystem” says the company spokesperson.
PumaPay is one of the few blockchain-based billing solutions to support recurring payments on the Ethereum network. Set on a mission to disrupt the payments industry, PumaPay allows merchants to charge customer accounts directly based on pre-agreed terms. Depending on the type of the PullContract set up with the customer, merchants can pull funds from their wallet on a weekly, biweekly, monthly or yearly basis.
Future iterations of the PullPayment Protocol will support a wider range of billing scenarios, such as pay-per-use, shared and restricted payments.
The PumaPay solution comes with a mobile app for crypto holders and a complete set of SDK and API tools for merchants to allow fast and easy integration with any type of platform.
“We are thrilled to expand our ecosystem to the payments industry and have a new early adopter such as Sticpay to join us. This partnership will help us increase our outreach to countries like Australia, Brazil, Hong Kong, Indonesia, Nepal, Nigeria, Singapore, Philippines and other crypto-friendly countries which could benefit from the flexibility of our solution”, said PumaPay CEO Yoav Dror.
Sticpay is a Cyprus-based payment provider offering client-centric solutions to both fiat and crypto currency users/holders to allow them to transact fast and safely both online and offline.
PumaPay offers an open-source, blockchain-based protocol that decentralizes a whole layer of transaction processing services. The comprehensive and flexible protocol allows adopters to process transactions using nearly all the familiar billing methodologies and combines the best of traditional methods (credit cards) and blockchain-based solutions.