PornHub to Accept PumaPay Crypto Payments as Token List Grows Extra Long


PornHub Announces Plans to Accept Crypto Payments Via PumaPay

PornHub just announced plans to integrate PumaPay into its platform. Users will now be able to use PumaPay to establish recurring crypto payments for their PornHub subscription.

PornHub is quickly positioning itself as one of the internet’s leaders in crypto adoption. Earlier this year, Verge (XVG) surged after PornHub announced it would accept XVG payments for premium subscriptions. Over the last few months, PornHub has begun accepting a number of other cryptocurrencies, including Tron (TRX).

Last week, we told you that Tube8 – a member of the PornHub family – was implementing the Vice Industry Token into its platform.

PumaPay is the latest cryptocurrency payment protocol to be integrated into PornHub’s platform. In a statement to PCMag, PornHub Vice President Corey Price said:

“As one of the most viewed websites in the world with over 90 million daily visitors, it is our duty to stay at the forefront of innovation and ensure the privacy of our users. As decentralized payment systems continue to grow in popularity, cryptocurrencies are especially viable in the adult entertainment industry because they incorporate more anonymity tools than traditional tender.”

The partnership between PumaPay and PornHub will allow PornHub users to setup recurring payments for their premium PornHub subscription. It’s being compared to a crypto direct debit card. The integration will be based on PumaPay’s native PullPayment protocol.

In a statement to PCMag, CEO of PumaPay Yoav Dror explained how PornHub can benefit from PumaPay’s PullPayment protocol:

“PumaPay’s technological solution, the PullPayment protocol, reverses the mechanics of a transaction, enabling merchants to ‘pull’ crypto funds from their customers’ account. With PumaPay, merchants avoid the drawbacks of the current banking systems, such as high transaction costs, the insecurity of chargebacks (reverse transactions) and associated fines, and the lack of customer anonymity.”

PumaPay was developed by Cyprus-based blockchain company Decentralized Vision. The unique PullPayment protocol technology facilitates unique blockchain transactions like recurring payments and pay-per-use transactions – types of transactions that are difficult on other blockchains.

This recurring payment system makes it easy for PornHub to setup recurring premium subscription payments. It’s easy to see how this recurring payment system could also be used on other subscription-based websites.

PornHub isn’t shy from implementing unique new technologies into its platform. The Canadian adult entertainment giant recently started offering free VPN service, for example, that helps viewers keep their porn-viewing activities private. PornHub also offers HTTPS encryption, which means all transmissions to and from the porn site are sent over an encrypted channel.

Thanks to the latest integration with PumaPay, it’s easier than ever to setup recurring crypto payments to pay for your PornHub subscription.

https://twitter.com/PumaPay/status/1032671792501075968

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