By news.pumapay.io on July 2, 2019
Innovation, design and development is at the heart of the products and solutions we create here at PumaPay. We are delighted to share with you our exciting updates for Q2 as well as our future proposed development for Q3. What We Have Achieved Protocol Enhancements We have improved and scaled our framework with the service-oriented architecture by introducing micro-services, making it more lightweight and modular, allowing faster execution, network optimization and flexibility. We have also added multi-tier development enhancements to the Protocol, separating it into different application-specific operational layers and introduced additional programming languages such as C#; which makes it a better solution for applications where performance is important. We believe in multi-language cross platform development principles, where architecture is flexible and scalable for the future enhancements and autonomy, in respect to the software platforms’ dependencies. By adopting these latest technology innovations, we are pushing the boundaries of what our technology can do and delivering a better payment solution that is robust, scalable and secure. Fiat Settlement Integration Fiat settlement is a reality! We are in the final stages of integration with our chosen 3rd party extension service, Kemix, for the settlement layer. This will allow businesses to accept cryptopayments from customers, while receiving settlement in fiat directly to their bank account. Our settlement layer works in such a way that businesses will have zero exposure to crypto volatility. We have finalized the live rate algorithm and have implemented it into the PumaPay wallet app. Once a QR code is scanned, we quote the current rate of the PMA token and as soon as the customer approves the transaction, we lock this rate and guarantee it to the merchant. PSP Solution Stage I Our highly anticipated PSP Stage I Solution is ready and will enable PSP merchants to accept crypto, with Stage II planned to be... Continue Reading
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