By Adam Arie
Trading has always been an integral part of man’s life and culture. Throughout evolution of civilization, there have always been ways to exchange goods and services using a legal tender that is acceptable by all. Trading in history was first recorded as trade by barter; the exchange of one item for another. With time, it became tedious, because the person having the item I want may not necessarily want the items I have. Later on, cash, gold and other precious metals were used as the legal tender for the payments.
Over the years, with increasing development of marketing, we’ve seen a new Era of various forms of markets, most notable being online markets. With that, we’ve also seen a variety of new payment methods, the most popular being the payment cards we see around, including credit and debit cards.
Truth be told, these payment cards were developed in the 1950’s and are technically outdated technology, but are only still in use today because there aren’t anybetter alternatives.. At least until NOW. The alternative and better form of payment has arrived. That alternative is the PUMAPAY payment protocol.
Pumapay is the new payment method that will bring improved and generally better billing methods, utilizing the blockchain technology. Pumapay will utilize a new form of smart contracts called PULLCONTRACTS which can regulate various forms of dynamic payments including payment on the spot, recurring payments, pay-per-use payments, split payments, restricted payments and a lot of other forms of payment.
Payments for goods and services using the PUMAPAY platform will be fast, cheap and ridiculously easy. It will ease the troubles of traders who have to go a long way to ensure that credit card transactions are legit, and also reduce their running bills because of the extra money that they pay to the banks credit card services.
Of course the platform will enable for the payment for goods and services using cryptocurrencies, and with cryptocurrencies threatening to take over all future financial transactions, that, I think is a step in the right direction..
With payment methods made very easy for all, traders will find it easier to run their businesses, and won’t have to worry about payment methods because the most efficient payment method is already here. Indeed, with easier payment methods, there will be easier trading.
For more information on Pumapay, visit the website
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