Cryptocurrency News Today – according to reports, PumaPay’s has partnered with Pornhub. The scheme will allow Pornhub’s premium subscribers to make seamless recurring payments. It will also give users enhanced security and privacy absolute control over their subscriptions. Pornhub has joined other adult sites to integrate crypto payments. Pornhub collaborated with PumaPay, to facilitate this subscription model.

PumaPay’s solution Goes Live this Week

PumaPay’s solution will finally go live this week. Which is exactly 18 months after the partnership was announced. The crypto and adult entertainment industry have to endure constant regulatory pressure. Hence, this partnership creates a friendly solution. A solution that would break the barriers of crypto adoption. Pornhub users will also be able to make seamless payments via PumaPay’s Mobile Wallet App. The PullProtocol is ideal for some billing models such as monthly payments, account top-ups, and recurring payments.

One good thing about the PullProtocol is that it allows the merchant to act as the initiator of payments. Meaning, processing changers must be issued by the merchant and instead of users. One thing that we must note is that these transactions happen with PumaPay (PMA) tokens which users can buy directly from exchanges to conduct their transactions.

Adult Entertainment and Crypto, a Match in Heaven

Currently, adult site Pornhub receives $100 million daily globally. Crypto payments presently constitute a percentage of the overall revenue of the site. Despite having a massive audience, adult entertainment sites have been listed as “high-risk” merchants. No wonder the payment processors charge much higher fees for transactions with them.

PumaPay’s tokens, PMA, are available for buying and selling on several exchanges including Bittrex, HitBTC, Coinbene, and OKEx. Pornhub users can exchange other coins like Bitcoin, Dash, Litecoin and ERC20 coins for the PMA coins and get them in their mobile wallets. PumaPay’s wallets are directly accessible on the Chrome Extension. With this partnership, both entities appear to be changing the rules. Speaking about the partnership, the VP of Pornhub, Corey Price, said:

“Pornhub Premium will now be offering its users additional options. We will do so with a robust video and category offering. The same thing can be said about payments on the platform. Now that our crypto users are free to use PumaPay, Including PumaPay to our list of cryptos, Pornhub Premium is now able to better care for the needs of millions of crypto holders globally.”

Aside from Pornhub, PumaPay’s PullPayment Protocol is also available on adult entertainment platforms like RedTube, Mofos, and YouPorn to name a few.