LOS ANGELES — Decentralized Vision has announced its collaboration with Vivid Entertainment to offer Vivid.com customers the PumaPay currency payment option for purchases and other services.
According to the company, its new blockchain-based payment method is designed to simplify payments for customers desiring to purchase Vivid’s content.
PumaPay attracted industry attention recently when it introduced the PullPayment protocol, which provides flexibile 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) for the purchase of a wide spectrum of products and services, with increased security and privacy, with no records of their transactions on their credit card statements.
“The option of blockchain payment methods will put clients back in control of their choices and transactions,” Decentralized Vision CEO Yoav Dror said. “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,” Vivid co-chairman Bill Asher said. “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,” Asher added, “Vivid is once again showing that the company is innovative and well ahead of its industry colleagues.”
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