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Pornhub now accepts a cryptocurrency you've never heard of

August 23, 2018

PornHub now accepts an open source blockchain-based payment solution called PumaPay.

Developed by Cyprus-based blockchain company Decentralized Vision, PumaPay offers a “PullPayment protocol,” which it says allows for transactions that have never been possible on the blockchain until now. That includes recurring payments and pay-per-use transactions.

“PumaPay’s technological solution, the PullPayment protocol, reverses the mechanics of a transaction, enabling merchants to ‘pull’ crypto funds from their customers’ account,” PumaPay CEO Yoav Dror explained in a statement. “With PumaPay, merchants avoid the drawbacks of the current banking systems, such as high transaction costs, the insecurity of chargebacks (reverse transactions) and associated fines, and the lack of customer anonymity.” Read more…

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Source: Mashable | Pornhub now accepts a cryptocurrency you've never heard of

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