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Pornhub, the largest porn site on the internet, has reportedly added PumaPay (PMA), the cryptocurrency attached to the project building a comprehensive billing protocol that combines the best of traditional payment methods with blockchain-based solutions, to its list of accepted payment options.

Moving forward, PMA will be accepted as a form of payment for Pornhub’s premium streaming service and advertising network. PumaPay will also be bringing its innovative technology, the PullPayment protocol, to Pornhub.

The protocol reverses the mechanics of a traditional blockchain transaction, enabling merchants to essentially “pull” crypto funds from their customers’ account. This functionality will allow PornHub subscription customers to set up recurring crypto payments.

PumaPay CEO Yoav Dror explained further in a recent 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.

This news comes after Pornhub announced in June that it would start accepting ZenCash (ZEN), a privacy-focused cryptocurrency that recently rebranded to Horizen, and TRON (TRX), a digital currency fueling the project’s decentralized internet ecosystem. These two major cryptocurrencies were added just months after Pornhub began accepting Verge (XVG), another privacy-focused cryptocurrency after the project staged a massive, controversial crowdfunding campaign to raise $75 million.

CoinCodex
More: Pornhub Now Accepts PumaPay Cryptocurrency
Related: ZenCash and Tron Added as Payment Options on Pornhub

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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