MenaPay replaces traditional payment methods with blockchain-based cryptocurrency which is fully supported to provide a secure and transparent payment gateway.

https://www.menapay.io/

As the popularity and mainstream acceptance of blockchain and cryptocurrencies increases, traditional investors have sought more exposure to these digital assets and blockchain-based technology. However, there are certain challenges when it comes to integrating the world of digital currencies and the world of traditional finance is the underlying philosophy behind the MenaPay Initial Coin Offering (ICO).

Investors, who use digital currencies, now have to interact with several counterparties to successfully manage their risks and portfolios. These counterparties are traditional banks, payment networks and financial service companies.

The majority of them do not understand the nature of digital currencies, which can cause frustration, account freezing, losses, and not to mention the various inefficiencies that come from moving between different asset classes.

With the emergence of the blockchain, more and more users and businesses are starting to struggle to use the existing infrastructure to manage fund transfers between physical and virtual platforms. In this case, I will introduce a new platform in the world of cryptocurrency called MenaPay replacing traditional payment methods with blockchain-based cryptocurrency, which is fully supported to provide a secure and transparent payment gateway that allows transactions for every aspect of daily life. Let's See the Reviews Below:

About Menapay

MenaPay is the first, fully backed blockchain-based payment gateway in the Middle East and Africa. MenaPay replaces traditional payment methods with a blockchain-based fully backed cryptocurrency. This provides a secure and transparent payment gateway to enable transactions for every aspect of daily life. The MenaPay project was started in November 2017 to serve 420 million people, across 18 countries, as their primary payment method. MenaPay will distribute 75% of total revenue and profit amongst holders of MenaPay. It is creating a new standard in the crypto industry for the level of participatory returns, beyond the regular incentives for users and investors.

How MenaPay works?

We are creating a new standard in the crypto industry for the level of participatory returns, beyond the regular incentives for users and investors.

P2P Transactions

P2M Peer to Merchant Payments

M2F Merchant to Foundation

Green Mining

Solutions for Using Cryptocurrency as a Payment Method

Cryptocurrencies cannot be used in daily life transactions because of their price fluctuations and cash-out concerns. MenaCash, which is 100% backed by USD, will be used as the currency for transactions under the MenaPay platform.

1 MenaCash will always be equal to 1 USD and merchants will be able to make cash-outs from the MenaPay foundation. MenaPay also brings easy-to-use solutions such as desktop and mobile wallets, integration APIs and SDKs, reporting and a management dashboard for merchants, all with Arabic user interfaces.

Solutions to Real Life Problems

Regular banking tools are largely not used in the Middle East and Africa Region due to the conservative practice of Islam and the poor banking system. The region also has a very fragmented structure with multiple currencies. MenaPay brings a 100% Islamic, non-bank digital solution, using blockchain to create a single currency to be used in every day and cross-border transactions.

How to reach 1 Billion USD Market Cap by Mid-2019

Onboarding premium merchants who are offering special discounts only for MenaPay. Reaching 5million active users thanks to premium merchant campaigns and strong local marketing. Building an offline reseller network to allow easy entry to the cryptocurrency world. Acquiring the support of influential creators in the region, such as women in the tech industry, politicians, artists and social entrepreneurs.

Establishing Public Adoption of Cryptocurrency

Apart from accepting 30 major cryptocurrencies, you can buy tokens via bank transfer and credit card or you can pay on the door.

MenaPay Token

MenaCash will be the token that will be used in MenaPay platform which will have the full backing of USD and it will as well be used for transaction in MenaPay platform. It will be used to distribute the revenue and profits entitled to all token holders

MenaPay has put in some features in place to make 1 MenaCash equal to 1 USD which merchants will be able to cash out from MenaPay foundation. 400 Million MenaPay Tokens will be generated and 64% of the coins will belong to the community.

Token details

Token: MPAY
Price:1MPAY = 0.165 USD
Bounty: Available
MVP/Prototype: Available
Platform: Ethereum
Accepting: ETH, BTC
Hard cap:25.000.000 USD
Country: United Arab Emirates
Whitelist/KYC: KYC & Whitelist
Restricted areas:–

Roadmap

Our team

Our partners

Conclusion

MenaPay is the first, fully backed blockchain-based payment gateway in the Middle East and Africa. MenaPay replaces traditional payment methods with a blockchain-based fully backed cryptocurrency. This provides a secure and transparent payment gateway to enable transactions for every aspect of daily life. The MenaPay project was started in November 2017 to serve 420 million people, across 18 countries, as their primary payment method. MenaPay will distribute 75% of total revenue and profit amongst holders of MenaPay. It is creating a new standard in the crypto industry for the level of participatory returns, beyond the regular incentives for users and investors.