MenaPay is the first fully blockchain payment ecosystem that focuses on the Middle East and North Africa region (MENA). Mena allows you to make transactions on a blockchain with very low transaction fees. Also, it is not affected by the fluctuation of cryptocurrencies while it is faster and more secure than any other traditional payment gateway. MenaPay is designed to comply with Islamic finance regulations. The MenaPay ecosystem does not use the interest mechanism. The MenaPay will share with you as a user the revenue acquired from the platform; this revenue will be shared in the form of the MenaPay Token. This will be done by the Islamic finance approach. Due to this structure, MenaPay is hoping to change the digital transformation of the region.
MenaCash
MenaPay owns its own stable coin which is the MenaCash which is designed to be used both online and offline daily transactions. MenaCash has a stable value where 1 MenaCash is equal to 1 US dollar which is warranted by the same amount of USD that is kept in multiple banks in the form of fiat currency that is equal to the amount of MenaCash in circulation. The main target of the project is to allow you easy and secure transfer money by having an advantage of the current high-end technology.
Why do you need MenaPay?
As you must have experienced, it is obvious that there is a need for an alternative mode of transactions in these parts of the Middle East and North Africa which will revolutionize the payment system. This system has to be able to solve a lot of problems that are currently facing the pre-existing old-fashioned banking system which faces; less security, difficult transaction process, very high transaction fees, and also you need a system that will comply with Islamic beliefs. Mena Pay’s products are designed in such a way that they have the best Arabic user interfaces, high-end data tools for you as a user and merchant that will enable you to perform your daily transactions in a way that is easier and efficient.
Vision and Mission of MenaPay
MenaPay aims at being the most used cryptocurrency in the MENA region, and that means that it will focus on 18 countries serving more than 441 million people. MenaPay mission is to become the largest non-bank payment solution by taking advantage of the blockchain technology while generating reasonable returns for you as an investor. MenaPay will distribute 75% of the total revenue among the MenaPay token holders. You will be among the MenaPay token holders who will be the nucleus of the huge community that will disrupt the traditional banking system in MENA region. This will lead to the creation of the most advanced financial system which will cover the whole region with Islamic compliant, transparent and decentralized platform. In today’s financial system instruments such as banks, credit cards, debit cards as well as cash are facing lack of security, slow and inconvenient ways of transactions. These traditional financial institutions use a large amount of money and resources in trying to prevent fraud, but currently, none of them has fully succeeded.
information:
Onepager: https://www.menapay.io/onepager.pdf
Facebook: https://www.facebook.com/menapayio
Twitter: https://twitter.com/menapayio
Telegram: https://t.me/MenaPay
Instagram: https://www.instagram.com/menapay
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Bitcointalk Username: helichan
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