Problems That May Occur During Payments Transactions
Menapay is a blockchain used for easy banking and payments transactions.
Below are some problems that may occur in these transactions:
- Resulting to the poor banking system and some other payment online methods, brings risks and difficulty problems such as high cost and uncharged deliveries.
- The idea of carrying cash is one of the major payments problem. This idea brings despair to customers due to the carrying of very large amount of money. This idea doesn’t promote safety of the user’s money for it can be stolen at any time by anybody if care isn’t taken.
- Due to the problem of high inflation risks, users mostly don’t prefer to hold their money in National Banks of their countries.
- Another major problem is that counterfeit money are being used especially in the Northern part of Africa and the North of the middle East.
The Solution to These Problems Include:
Menapay introduces fully finance compliant digital payments transactions systems to users along with the stableness of menacash. The aim of menapay is to get rid of cash with the help of digital payments and secured blockcahin technologies. Menapay majorly brings a digital, single, stable currency to the region which users can carry with smartphones and IPhone.
Menapay newpayment transactions, for example the KYC process that menapay require from users, money transfer between countries will only take a blink of the eyes, they now take seconds as it is necessary in the digital age we live in.
Menapay is dependent to solve any problem that may occur by whatsoever nature- All savings are also recorded on the menapay blockchain and can be tampered or changed by anyone. Thus, the platform belongs to the community and designed to sustain forever.
In the menapay regions where there is usually fraudulent act, digitalized and stable currency menacash of the menapay platform will also be a solution for this concern. The menapay system proofs the menacash transaction reliable for users to earn menapay tokens even if they did not purchase any menapay token before. Everytime a transaction happens between a user and a merchant, the user qualifies for a chance to earn menapay tokens.The Stableness of Menapay Platform
Unlike other blockchain cryptocurrency, menapay doesn’t fluctuates, but it’s always stable, secured and reliable all the time. Though, digital blochchain payments are usually fast, because they are no intermediaries. The only obstacle for crypto-payments could be unexpected fluctuations in the currencies. As a solution to this menapay platform, it offers its own help using USD backed stable coin, menacash.
Thus, 1 menacash =1USD
Finally, menacash will be easily reachable through the menapay apps via all current payment systems such as credit or debit cards and menapay offline reseller network in the region. In addition, menapay aims in becoming the largest blockchain based payment transactions in the mena region.
More Information
Website: https://www.menapay.io
WhitePaper: https://www.menapay.io/onepager.pdf
Telegram: https://t.me/MenaPay
Facebook:https://www.facebook.com/menapayio
Medium:https://medium.com/menapay
Twitter: https://twitter.com/menapayio
Instagram:https://www.instagram.com/menapay/
Author: https://bitcointalk.org/index.php?action=profile;u=2170055