Blockchain-based payment system PumaPay has teamed with adult entertainment provider Grooby Productions to integrate its cryptocurrency token (PMA) so users can seamlessly pay for porn.
PumaPay, a subsidiary of Cyprus-based tech startup Decentralized Vision, offers an open-source, blockchain-based protocol that decentralizes a whole layer of transaction processing services. The company’s crypto billing solution, the PullPayment Protocol, enables merchants to run their businesses the way they’re used to with credit cards. The protocol provides flexibility for crypto payments in everyday transactions by enabling multiple payment scenarios for businesses, such as subscriptions, top-ups, and other familiar billing methodologies that are common in everyday life.
Grooby is the largest and most visible collection of transgender adult studios and websites. Having started in 1996 Grooby Productions is currently in their 24th year of online business. Grooby produces over 1500 scenes a year worldwide for their adult pay site business, DVDs, and platforms.
The integration will enable Grooby to accept crypto payments with PumaPay’s PMA token and provides its users with a discrete, secure and convenient payment option. Through its PullPayment Protocol, PumaPay is able to offer Grooby increased flexibility for their billing methods, such as simple customer re-billing and the opportunity to offer different methods of pricing, including recurring payments.
“We are excited to announce this latest integration with Grooby Productions, as we further consolidate ourselves as the payment solution of choice for the adult industry,” said PumaPay CEO, Yoav Dror. “Our mission is to solve the common merchant pains, such as high transaction fees, limited billing flexibility and slow settlement times, and combine the solution to create an easy-to-use, comprehensive platform.”
“We appreciate that many members want anonymity or are accessing from countries otherwise unable to bill, and I think we have a duty to give this as an option to them,” said Grooby Founder and CEO, Steven Grooby. “PumaPay fits into our overall billing strategies of making it easy for potential members to access the sites, from multiple payment methods.”
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