Cybermiles CMT, Holochain (HOT)

The controversial Verge (XVG) bedfellow, PornHub is at it again. This time, the global porn platform has partnered with and open source payment firm, PumaPay to streamline its digital coin payments in the market it plays. All eyes are now on Verge and investors are waiting to see how far this collaboration can stretch the XVG usability.

Verge and TRON partnership with PornHub earlier in the year was expected to grow their audience but things did not work out smoothly and the entry on PumaPay is poised to grease the hiccups the partnerships faced. If all goes according to the deal plans, XVG add TRX will reap big from the porn industry.

PumaPay Role in PornHub and XVG Growth

Apart from the increased visibility PumaPay is giving Verge (XVG), the partnership with PornHub will help the coin gain popularity through the payment platform user retention. Premium porn consumers will have an easy payment gateway and payments will be easy just like using plastic cards and you only pay for what you have consumed on a monthly basis.

PumaPay will act as the bridge between the crypto partners and PornHub. With its state of the art “PullPayment Protocol”, the payment processor will deploy the recurring and pay per use payment features and it is up to the consumer to decide what option works with their lifestyle.

Recurring payments are a new feature that many blockchain players have been unable to implement and Verge (XVG) and TRON (TRX) will be among the first digital coins to be involved in the project. This is a huge shift from the commonly used pay per use payment arrangement in the crypto verse industry today.

After sealing the deal, Yoav Dror, The PumaPay CEO in a statement has said:

“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.”

Verge (XVG) TRON (TRX) Partnerships’ Boost

Since the PornHub Verge collaboration was made public, Verge mission to grow its partnership portfolio still continues with many remaining unpublicized. With PumaPay coming into play through the porn site, Verge is set to emerge as the winner due to cross trading with XVG on the PumaPay ecosystem.

The Vergecurrency community and XVG investors have all the reasons to smile now that they can use their digital asset to access hardcore porn from the market leader whilst PumaPay handles the transaction bit either on monthly based or pay-per-use arrangement.

Will Verge (XVG) Get Reprieve from PornHub and PumaPay Deal?

Verge has been struggling and the XVG price has been on the downtrend and any boost from any quarters is coming as a blessing to the community. For the last few weeks, the coin has been on and off the green trading zone registering more loses than gains just like many other major coins and tokens. With many partnerships in place, this could turn out to be the much needed catalyst for growth both in price and value.

The last 24-hour trading session has seen Verge (XVG) trade on the green and at the time of reporting, the coin had registered gains of 2.09% and 2.59% to the dollar to trade at $ 0.013592. Huobi and Binance exchanges recorded the highest volumes with Huobi pushing 60.44% of the total volume against Binance’s 28.03% with a surprise popularity of XVG/ETH and XVG/BTC pairs.

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