Pornhub partners with PumaPay to accept crypto payments

26 Aug, 2018
by Richard Allen
News
Pornhub partners with PumaPay to accept crypto payments

Canadian adult entertainment website Pornhub has announced a partnership with PumaPay allowing its 90 million daily visitors the opportunity to pay in cryptocurrency, PCMag reports.

Developed by Cyprus-based blockchain company Decentralized Vision, PumaPay offers a "PullPayment protocol." According to the development team, their protocol allows for payments on the blockchain that have never been possible until now. This includes recurring payments and pay-per-use transactions.

Yoav Dror, CEO of PumaPay explained "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."

Eessentially this means you can set up a recurring pornhub premium account.

This is the second time this month Pornhub has made headlines as Chepicap reported a few weeks ago that its subsidiary, Tube8 was looking into ways of rewarding viewers in cryptocurrency for watching content on the website.

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