Company Information

Get to know PumaPay

PumaPay was launched with the mission to create a comprehensive and flexible cryptocurrency payment system. Its core innovation is the PullPayment Protocol, a unique architecture on the blockchain that reverses the mechanics of a transaction, allowing a business to "pull" funds from a customer's wallet based on a pre-approved authorization. This is designed to facilitate payment models common in traditional e-commerce, such as subscriptions, pay-per-use, and recurring billing, which are difficult to implement with standard "push" crypto transactions. The project conducted an Initial Coin Offering (ICO) in 2018 for its native PMA token, which is central to the protocol's operation.

Industry

Financial PSP GatewayPRIMARY
Crypto Cryptocurrency
Financial Other Service

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PumaPay

Cyprus

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/10

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.