Geniuex & PumaPay Collaborate To Offer Crypto Payment Choices

Simplify The Complex With Geniuex
Geniuex Blog
Published in
3 min readSep 28, 2018

Geniuex customers will soon be able to depend on PumaPay’s blockchain-based billing protocol to facilitate cryptocurrency transactions

Tallinn, Estonia — Geniuex, an education-focused fiat-to-cryptocurrency exchange , is excited to announce an alliance with Decentralized Vision Ltd, the blockchain company behind the development of the PumaPay payment protocol. Geniuex clients will benefit from the advantageous PumaPay payment protocol, which is designed to help users facilitate cryptocurrency payments. The solution is developed to make blockchain-based payment simple and straightforward for customers seeking to send and receive cryptocurrencies in return for products and services.

PumaPay is responsible for the launch of the PullPayment Protocol. The ICO managed to crowdfund more than $117 million during the pre-sale alone, contributing to its noteworthy attention through the industry. According to PumaPay, building a more flexible ecosystem for fast and easy cryptocurrency transactability will help improve overall accessibility, while providing a low-cost B2B, B2C, and C2C payment solution.

PumaPay is capable of handling numerous payment setups ranging from single payment to recurring charges, ultimately helping broaden the appeal of cryptocurrency acceptance. Thanks to swift, low-latency transaction processing along with exceptionally affordable fees, PumaPay intends to disrupt the payment industry with its groundbreaking protocol.

Upon formal implementation, Geniuex customers will be able to use the PumaPay token (PMA) as a method for both deposits and withdrawals on the exchange platform. This will unlock the opportunity to buy, sell, trade, and exchange cryptocurrencies. Apart from improving the platform’s fungibility, it will also enable customers to pay for services and products directly from their exchange accounts.

PumaPay has already attracted significant praise for its innovative stance towards security and privacy, by integrating blockchain with more traditional payment methods. Along with delivering a better user experience on both an enterprises and individual level, the system is also built to ensure a high level of customer confidentiality. Companies and individuals who prefer not to share the records of their financial transactions with banks and credit card issuers will be pleased to note PumaPay’s unwavering stance towards shielding customer information from prying eyes.

“We are thrilled to have an exchange like Geniuex join the PumaPay ecosystem. This sets the PumaPay solution and token on a new journey, promoting them to traders worldwide. By partnering with Geniuex, we come one step closer to our goal of integrating cryptocurrency payments in daily life and turning the PMA token into a de facto means of payment”, according to Decentralized Vision CEO Yoav Dror.

About PumaPay:

PumaPay offers an open-source, blockchain-based protocol that decentralizes a whole layer of transaction processing services. The comprehensive and flexible protocol allows adopters to process transactions using nearly all the familiar billing methodologies and combines the best of traditional methods (credit cards) and blockchain-based solutions. More information is available at https://pumapay.io/.

About Geniuex:

Based in Estonia, Geniuex is a licensed and regulated cryptocurrency exchange operating under Techain Global Ltd. Apart from facilitating fiat-to-cryptocurrency exchange transactions, the company is dedicated towards improving the accessibility of virtual currencies and blockchain technology.

With a goal of educating investors on the benefits and nuances of the blockchain architecture and digital assets, Geniuex is paving the way for greater acceptance amongst more mainstream investment communities. By building uncomplicated educational materials designed to elevate the level of understanding and making blockchain straightforward for even the most casual users, Geniuex is operating at the vanguard of the blockchain revolution.

For more information about the exchange, visit Geniuex today!

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Simplify The Complex With Geniuex
Geniuex Blog
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Geniuex is a licensed and regulated cryptocurrency exchange dedicated towards improving the accessibility of virtual currencies and blockchain technology.