MENAPAY
Alternative payments refer to payment methods that are utilized as an alternative to traditional payments. Most alternative payment methods discuss the domestic economy or have been developed categorically for electronic commerce and payment systems are generally fortified and operated by local banks. Each alternative payment method has a unique application and process settlement, language and currency support and subject to domestic rules and regulations.
A debit card withal kenned as a bank card or check card is a plastic card that provides a traditional alternative payment method for cash when making a purchase. A charge card is a plastic card that provides an alternative to cash when making purchases where the issuer and card holder enter into an accedence that the debt incurred in the billing account will be paid in full and on the due date.
MenaPay is the first block-predicated payment gateway that is plenarily fortified in the Middle East and Africa. EdenPay supersedes traditional payment methods with cryptocurrency plenarily fortified by blockchain. Mission MenaPay is building web-predicated websites and applications that will sanction integration of crypto payment solutions to sundry websites and fortifies Arabic on the dashboard.
Incipient payments like Bitcoin and other cryptocurrency solutions have disappointed us because they are sumptuous and involve sizably voluminous and inopportune transaction costs for your circadian payment needs such as buying groceries, paying for taxis and other accommodations available for each day. EdenPay aims to transmute the status quo by bringing 100% non-bank Islamic digital solutions, utilize blockchain to engender a single currency for use in daily and cross-border transactions, https://www.menapay.io/
We engender incipient standards in the crypto industry for participatory returns, beyond customary incentives for users and investors.
In further developments the implementation of this program is the North Africa and Middle East regions. With technology advancing and the entire Blockchain ecosystem growing at a commendable pace, much of the development takes place in several pockets of the world. The Middle East and North Africa have so far remained isolated from magnification on the Blockchain. This region is under the banking infrastructure that was developed due to Islamic Sharia law which enjoins interest on loans. As a result, the GCC region has sharia-compliant financial institutions that represent about 1% of the world's total assets. This region withal has a very fragmented with sundry currencies that have vetoed the integration of all regions into one market.
Onepager: https://www.menapay.io/onepager.pdf
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Author :rosebit
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