LOS ANGELES — PumaPay has announced that the first integration with its PumaPay PullPayment Protocol is now live.
The company's comprehensive cryptopayment solution will now be available for use at the Red Light Center (RLC), the first to adopt the protocol. Customers of this adult-only, online community will now be able to pay to enter its virtual world using PMA via the PumaPay Wallet.
PumaPay further teased a slate of brands to be onboarded in the near future.
Yoav Dror, CEO of PumaPay enthused over the announcement.
“Today, our vision becomes a reality. It’s a significant milestone for PumaPay, and for ordinary people everywhere," he said. "We’ve been pushing for cryptocurrency adoption since the day of our inception and today we achieved that goal.”
Similarly, Brian Shuster, CEO of RLC, spoke to the process leading up to the first integration.
“We have been working hand-in-hand with the PumaPay Integration Team over the last couple of months. We chose PumaPay because we wanted a payment system that offers flexibility, speed, costs savings and transparency."
He continued, "Their payment system adapted to our business logic is both ingenious and convenient. Now member payments are received within minutes and transactions over our protocol are free, with the exception of a small gas fee payable to the Ethereum blockchain. Transactions are immutable, meaning that chargebacks are a thing of the past which was a massive issue for the industry. We are excited to be working with PumaPay and to be their first adult company to fully integrate.”
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