Blockchain Startup PumaPay Introduces Instant Crypto Conversion Feature

Announcements, News | December 7, 2018 By:

Blockchain startup PumaPay, in partnership with cryptocurrency exchange Changelly, has introduced a new in-wallet feature that allows users to convert their tokens easily, without leaving the app.

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 PullPayment protocol enables merchants to run their businesses the way they’re used to with credit cards.

The new crypto-to-crypto conversion feature allows PumaPay cryptocurrency wallet users to exchange PumaPay’s native token (PMA) and any ERC20 token to ERC20 supported by Changelly. PumaPay is also planning to add bitcoin support to enable users to convert BTC into PMA as well, with other major coins scheduled to be added to the wallet app. The feature is currently available in the Android version of the mobile wallet. The iOS app is now under review by Apple and will be available shortly.

“We’re constantly working on further developing our solution and adding new features to our wallet,” said Yoav Dror, CEO of PumaPay. “Changelly’s crypto-to-crypto conversion gives our users a much easier way to exchange their cryptos within the PumaPay app, ultimately saving them time and money.”

“PumaPay is another great example of how a combination of innovative blockchain technologies and familiar credit cards payment methods can facilitate the penetration of crypto into the everyday aspects of our lives, thus bringing new members to the global crypto community,” said Ilya Bere, CEO of Changelly. “At Changelly we’re happy to provide the most convenient crypto-to-crypto exchange option for PumaPay and therefore contribute to crypto mass adoption.”