Official Press Release
PumaPay’s open source blockchain-based billing protocol will provide Vivid Entertainment users with a comprehensive solution to process crypto payments
LOS ANGELES, CALIFORNIA – April 11, 2018 – Decentralized Vision, the blockchain company that developed a payment protocol PumaPay Protocol, announces its collaboration with Vivid Entertainment, the world’s most acclaimed adult entertainment company, to offer Vivid.com customers the PumaPay currency payment option for purchases and other services. The new blockchain-based payment method is designed to simplify payments for customers desiring to purchase Vivid’s award winning content.
PumaPay attracted industry attention recently when it introduced the PullPayment protocol, which provides flexibility of crypto payments in day-to-day transactions through super-fast transaction processing time, and low fees. PumaPay enables multiple payment scenarios – from traditional one-time transactions and scheduled payments to restricted and pay-per-view transactions.
Once the new protocol is implemented, Vivid customers will be able to use the PumaPay token (PMA) as a fully accepted payment instrument for the purchase of a wide spectrum of products and services provided by the adult entertainment leader. PumaPay has attracted attention for its pioneering work in developing a new-generation payment method using Blockchain technology to increase the security, and privacy of payments. The system also protects the confidentiality of customers who prefer not to have records of their entertainment transactions on their credit card statements.
“The option of Blockchain payment methods will put clients back in control of their choices and transactions,” says Yoav Dror, CEO of Decentralized Vision, the company behind PumaPay. “Our goal is to replace traditional methods, such as credit cards, with a more protected, convenient, and modern solution.”
“The adult entertainment industry has always been about challenging the status quo, and pushing the boundaries of what’s expected,” says Bill Asher, Co-Chairman of Vivid Entertainment. “From better quality of picture and sound, innovative streaming technologies to – most recently – innovative payment solutions, adult entertainment companies pave the way. By offering a crypto payment option for its users, Vivid Entertainment is once again showing that the company is innovative and well ahead of its industry colleagues.”
PumaPay offers an open source free-of-charge blockchain-based protocol that decentralizes a whole layer of transaction processing services. The comprehensive and flexible protocol allows adaptors to process transactions using nearly all the familiar billing methodologies and combines the best of traditional methods (credit cards) and blockchain-based solutions.
Yoav Dror, CEO
Aristos Christofides, CTO
Giorgos Kourtellos, Chief Blockchain Architect
Milenko Strika, Head of Product
Muly Litvak, Advisor & Strategic Investor