MenaPay is the initial, completely backed blockchain-based payment entrance in the Middle East and Africa. MenaPay replaces traditional payment strategies with a blockchain-based wholly supported cryptocurrency. MenaPay is usually a payment entrance program which will allow online transactions between clients, retailers and numerous organizations on the blockchain network. It will end up being constructed to facilitate operations in the underbanked area of MENA (the Middle East and North Africa).
MenaPay’s vision is indeed to build an internet site and structured cellular application that will allow the integration of crypto payment solutions onto different websites and support Persia language in its dashboard.
MenaPay is targeting to transform the position quo by getting 100% Islamic, non-bank digital remedy, using blockchain to develop sole money to end up being utilized in cross-border and everyday transactions. This provides a secure and transparent payment gateway to allow sales for each aspect of daily life. In November 2017 to offer 420 million people the MenaPay task was begun, across 18 countries, as their primary payment technique. MenaPay will distribute 75% of total income and income among owners of MenaPay. It usually is creating a brand-new regular in the crypto sector for the level of participatory profits, beyond the regular incentives for investors and users. From recognizing 30 main cryptocurrencies aside, you can buy tokens via loan company transfer and credit card, or you can pay on the hinged door.
While the whole Blockchain environment has been growing at an excellent speed, the bulk of the development is happening in a couple of storage compartments of the globe. The North African & Middle Eastern constituencies have so remained isolated from the growth in Blockchain far. The area offers under created bank facilities due to Islamic Sharia-laws which possess restricted curiosity on loans. As a result, the GCC area provides Sharia-compliant commercial establishments which represent around 1% of total globe possessions. The district also provides an extremely fragmented politics framework with multiple currencies which offers restricted the unification of the whole area into one marketplace.
Furthermore, these area is generally been unregulated and underprivileged and MenaPay ICO desires to introduce now their task to ensure that people of these areas also may have got the contemporary services of blockchain technology for their purchase technique.
For more information, visit the link below:
| ICO NAME | MenaPay |
|---|---|
| Website | https://www.menapay.io/#home |
| WhitePaper | https://www.menapay.io/whitepaper_en.pdf |
| https://twitter.com/menapayio | |
| Telegram | https://t.me/MenaPay |
| https://www.facebook.com/menapayio | |
| ANN Bitcointalk Thread | https://bitcointalk.org/index.php?topic=4884588.0 |
| Author Bitcointalk ID | onemancrypto |
|---|---|
| BTT link | https://bitcointalk.org/index.php?action=profile;u=1769254 |
| ETH ID | 0x9028bF231cC510105c202213078d33ce1E2de102 |