Easier TRON (TRX) and Verge (XVG) Payments As PornHub Integrates PumaPay

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PornHub, the world’s largest provider of adult entertainment which recently began accepting Verge (XVG) and TRON (TRX) as a payment option has partnered with PumaPay to smoothen payments on the platform.

The Pornhub – PumaPay partnership facilitate recurring payments

The partnership between the world’s largest online adult entertainment site and Cyprus-based blockchain company PumaPay was first announced by PC Magazine.

Making payments with cryptocurrencies come with one major setback, having to input the same codes and numbers every time a transaction is made.

PumaPay focuses on recurring crypto payments, making it significantly smoother to transact regularly with sites like Netflix.

The partnership will help PornHub recreate one of the most desirable features of credit card payments: the ability to register the card and then not bothering about entering it manually anymore.

PumaPay refers to this ability to enable frequent crypto payment on its blockchain as the ‘PullPayment protocol’.

Why PumaPay?

The recently announced PornHub – PumaPay partnership comes as a move by PornHub to smoothen recurring transactions on its network.

PumaPay is an open source cryptocurrency payment option provider dedicated to enabling frequent and recurring payments using digital currency.

PumaPay believes that its blockchain protocol allows for transactions that have never been possible on the blockchain, including recurring payments and pay-per-use transactions. Yoav Dror said in a statement:

“PumaPay’s technological solution, the PullPayment protocol, reverses the mechanics of a transaction, enabling merchants to ‘pull’ crypto funds from their customers’ account,”

PumaPay’s blockchain would be leveraged by PornHub to give premium subscribers on the largest porn site the room to pay with ease as if they are paying with credit card or PayPal.

This collaboration will make recurring payments easier on PornHub as users won’t need to worry about sending payments every month.

Utilizing the PullPayment solution mentioned above, Pornhub will also be able to allow the premium subscribers to pay with cryptos.

Verge (XVG) and Tron (TRX) are the initial two cryptocurrencies that will be accepted for payment by the online adult entertainment site.

Pornhub is one of the most visited adult websites, and also has one of the highest traffic in the world, which could mean more transaction volume of XVG and TRX.

Cryptocurrencies: the money for the future

Cryptocurrencies have slowly crept into almost every industry, validating the claim of being the money of the future.

From almost instant transaction to anonymity, little to no transaction fees, the benefits of this growing form of money far outweighs that of conventional financial institutions. Yoav Dror, the CEO of PumaPay said in a statement:

“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.”

Verge was the first cryptocurrency to break into the adult movie industry followed shortly by TRON.

The Verge – PornHub partnership had to be backed by a crowdfunding to enable it achieved the deal, afterward, Verge has sealed a large number of unpublicized collaborations in the industry.

As the real circulation of virtual assets starts over on the largest adult platform now, there is bound to be increasing demand and volume of the TRX and XVG which would positively affect the prices of the tokens.

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