Pay360 by Capita to integrate PumaPay cryptocurrency billing solution

PumaPay, a blockchain-based payment system, today has announced that global payment service provider, Pay360 by Capita, will be adopting its crypto payment solution.

Pay360 by Capita has been providing secure payment services for over 18 years, enabling their clients to offer seamless payment experiences across multiple payment channels. Part of Capita, a FTSE 250 Index company, Pay360 processes around 255 million card transactions worth over £11 billion every year for companies. Pay360 aims to help businesses avoid the many complex and unnecessary problems in payment processing, making cryptocurrency transactions as seamless and secure as possible.

PumaPay’s PullPayment Protocol aims to provide the flexibility of crypto payments in day-to-day transactions by enabling multiple payment scenarios and all the familiar billing methodologies used with credit cards. By building its own ecosystem, including the development of a Business Console and PumaPay Pride, a marketing hub for all businesses to promote their products, PumaPay’s solution is striving to become a viable crypto payment system tailored for all businesses and individuals worldwide.

PumaPay CEO, Yoav Dror, said: “At PumaPay, we are working towards implementing a comprehensive payment system that will allow businesses to easily accept crypto payments using the same payment method they are accustomed to. They don’t have to adjust their business logic to the technology, PumaPay adjusts the technology so it will fit their business logic. We are proud to have Pay360 by Capita as part of our ecosystem. PumaPay is making blockchain technology accessible, building smart and flexible components to help businesses like Capita utilize it for their and their customers’ benefit.”

Managing Director of Pay360 by Capita, Stephen Ferry, said: “Pay360 by Capita has committed to adopting PumaPay’s crypto payment and billing protocol to further enhance our offering. We believe that we share the same vision and values with PumaPay and integrating with them is a natural alliance. We aim to offer our customers the widest and safest choice of payment methods and by enabling businesses to accept cryptocurrencies, we are providing a competitive edge that will help us reach and support a wider customer base.”