MenaPay - crypto made easier than cash

Introduction

Today's world blockchain is the revolutionary technology in the use of technological ecosystem because it is incorruptible, unhackable and immutable. This technology is very trusted technology in the field of speed, reliability and in low cost transaction. That's why in todays world every company or business need this technology. It requires three parties to confirm the transactions. Thus it can meets the requirements of Islamic finance rules.

What is MenaPay?

MenaPay is based on blockchain technology, it is specially built to make world's biggest cashless payment gateway. Firstly it is aiming to focus on MENA region. It also allows users to use on daily bases in a secure, decentralized and fast way. And which is compliant with Islamic finance rules. Blockchain technology is here to help Islamic finance rules means help transactions between parties and help to earn from the investment.

The main aim of menapay is to create larger community for merchants and consumers because who prefer to use menapay as their payment method for their business.

Project objective

MenaPay main aim is to develop the Blockchain technology powered payment solution for the region of MENA. And it is fully comply with Islamic finance rules. Menapay will revolutionise the payment methods in business.

MenaPay working process

MenaPay is going to replace the traditional payment methods and bring the new payment method in the market of cryptocurrency which is stable. Provide full security for transactions, and also showing transparency in payment method.
Thus it is Revolutionising the traditional way of payment method with blockchain technology.

MenaPay uses a stable cryptocurrency which is called Menacash, it holds 1 USD as it stable value on the menapay playform. And here all circulating coins are equal to fiat currency which is kept in bank. Menacash will use in daily life for merchants and consumers. It can be used in P2P transactions, peer to merchants transactions, green mining and merchant to foundation.

MenaPay is the non banking payment method and it has user friendly mobile payment application and which supports in Arabic language like this it making way for users to enter into cryptocurrency world.