MENAPAY is the first blockchain-based payment system to replace traditional banking systems in the Middle East and Africa that provide security and transparency for cross-border transactions and daily transactions from various aspects of life. MENA was developed using the Arabic interface to enable proper understanding and satisfaction for targeted area users and also MENAPAY’s plan to not only satisfy but also incentitize users giving 75% of their profits as participatory returns.
New payments such as Bitcoin and other cryptocurrency really disappoint us because they are expensive and involve large and undesirable transaction costs for your daily payment needs such as buying groceries, paying for taxis and other services available every day. EdenPay aims to change the status quo by bringing 100% Islamic non-bank digital solutions, use blockchain to create a single currency for use in daily and cross-border transactions, https://www.menapay.io/
Characteristics of menapay
- Menapay is extraordinary from different platforms of its kind since it gives a dependable installment door that is straightforward and secure with respect to our ordinary managing an account exchanges.
- Menapay takes out the clustered looked in Islam as it respects to managing an account since it is free from middle people, henceforth, Menapay offers comprehensiveness independent of Religion or potentially sexual orientation.
- Menapay appropriation of the blockchain development makes it computerized and thus decreases to zero level the issues generally experienced because of poor managing an account hones in the Middle East and Africa.
Unique features and benefits of menapay
Long gone are the times of ordinary techniques for payments with its brought together system and in addition it’s weaknesses. Much obliged to MenaPay as it has come to give us an ensured, compelling and straightforward payment portal to make day by day exchanges for everybody less demanding than common. In Africa and the Middle East, they have been different difficulties related with the P2P exchanges both home and abroad. Indeed, even till now there are some best money related associations that kind of don’t Allow Africa clients on their system in light of some specific issues previously. This has been a noteworthy issue in payments by individuals in Africa. This is likewise a noteworthy issue MenaPay investigated and now needs to settle by means of its payments portal.
The benefits of Menapay
1. Peer to look (P2P) transactions: people from anywhere in the world may be able to take turns as a form of cost for goods and offers through colleagues to see techniques.
2. Menacash: this can be used with the help of merchants from every part of the sector to make money out of the basics of tagging will equal $ 1.
3. Peer to traders (p2m): through this peer from each part of the arena can be connected with various traders from each part of the sector for agile and straightforward transactions.
4. Traders are the basis: all sales generated from p2p (peer to look) and p2m (peer to merchants) transaction prices can be entered into the muse.
Menapay is bringing a non-bank related digitalised portion course of action which is blockchain based. In spite of the way that Menapay is accessible thoroughly, it is engaged to fill in as a portion deliverer for people in the Middle East and Africa. The Menapay stage will incorporate a single money which can be for cross-periphery and normal business trades. The stage is controlled by blockchain so this give customers the conviction of working inside a decentralized natural network that is secured and moreover clear.
We create new standards in the crypto industry for participatory returns, beyond regular incentives for users and investors.
- P2P transactions
- P2M Peer to Merchant Payment
- Merchant M2F to Foundation
- Green Mining
The major purpose of a cryptocurrency is to serve as a payment solution for people around the world, cryptocurrencies are boarder-less solution to many problems facing traditional financial transactions around the world.
MENAPAY intends to create a new standard of payment method that will bring more returns and incentives to customers and traders with lower transaction costs through the application of blockchain technology.
MenaPay token information
Token type — ERC-20
Network — ETHEREUM
Total Supply — 400,000,000Mpay
Token Sale — 256,000,000Mpay
Estimated ICO price — $0.165
Soft-cap — $5,000,000
Hard-cap — $25,000,000
Token disrtibution
64% Allocated to public contributors
16% Allocated to team advisors
15% Allocated to marketing bounty
5% Allocated to mining reserve
Use of funds
5% Allocated to Legal
10% Allocated to Business Development
15% Allocated to Operation and Administration
30% Allocated to Development and Infrastructure
40% Allocated to Marketing
Roadmap
FEB/2018
1st Round Capital
Team Building
APR/2018
Product Development
Start
Tokenomics
MAY/2018
Draft Whitepaper
Road Show
JUN/2018
ICO Web Site Live
Foundation
Establishment
AUG/2018
MenaCash Transaction Tests
SEP/2018
Mobile App
Beta Test Ready API & SDK
OCT/2018
Mobile Payment Apps Grand Launch Merchant Tools Launch
NOV/2018
Public Token Sale (ICO)
DEC/2018
Listing on one of the top 10 Exchanges
JAN/2019
50 Merchant Integration (LOI Signed)
APR/2019
New Security Feature:Face Recognition
MAY/2019
Reaching 5 Million MenaPay Users
JUN/2019
500 Merchant Integration
AUG/2019
Reaching 5 Offices in MENA Countries
SEP/2019
Up to 10 Languages Support for MenaPay Merchant Network
OCT/2019
Parental Control for Family Accounts
NOV/2019
MenaPay in Asian Countries and reaching 1.000 Merchants
DEC/2019
Advanced AI Features:
P2P Lending
Payment Installment
Team
Conclusion
MenaPay is out to revolutionalize the banking system in the Middle East and Northern Africa region by introducing a blockchain-based payment system that will substitute the traditional payment means and more acceptable to the people of MENA.
If you want to know more about menapay.io, Below are some useful links where you can find more pieces of information
Website: https://www.menapay.io/
Whitepaper: https://www.menapay.io/whitepaper_en.pdf
Onepager: https://www.menapay.io/onepager.pdf
Telegram: https://t.me/MenaPay
Instagram: https://www.instagram.com/menapay
Ann Threads: https://bitcointalk.org/index.php?topic= 4884588
Author
Forum Username : Cengsuwi45
Forum Profile link : https://bitcointalk.org/index.php?action=profile;u=1566297
wallet address : 0x113185977068cF841A70f619CB33F3deEF865A76
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