A New Payment Gateway For MENA, MenaPay, Attends GAMESCOM 2018
Gamescom 2018 will be hosting MenaPay. MenaPay is an ICO and the first, fully backed blockchain based payment gateway in the Middle East and North Africa (MENA), serving 420 million people across 18 countries. At Gamescom, MenaPay welcomes gaming companies with merchant friendly interfaces and easy cash out structure and exciting business opportunities.
Having only 10 years of background, Blockchain technology is bringing solutions in different aspects of our daily lives and reshaping financial structures of the world. While blockchain technology is facilitating the financial problems of the world day by day, MenaPay brings a whole new concept of financial structure of the Middle East and North Africa with blockchain technology and new ICO structure it creates.
86% of the population do not use banks in MENA region due to the conservative practice of Islam and poor banking system. MenaPay entirely alters this unbanked financial system to make everyone’s lives much easier by decreasing transaction time and costs while being transparent and secure at the same time. MenaPay payment system provides a crypto coin called MenaCash that will always be equal to 1 dollar. Therefore, MenaPay provides 100% Islamic compliant, non-bank crypto solution, using blockchain technology to create a single currency for the MENA region — a currency to be used both for everyday offline and online payments.
Where will MenaPay be integrated?
According to a research by Statista, mobile games market size is expected to grow 2.3 billion dollars in 2022 from 680 million dollars in 2015 in the Middle East and North Africa. This expected growth might seem very high despite the unbanked population. However, with the new easy payment gateway and cryptocurrency provided by MenaPay, this growth can be much higher.
Monetization of the games has always been a big problem in the MENA region due to the lack of digital payment tools. MenaPay will contribute a lot to the gaming companies and increase their revenues by facilitating cash out problems and prevent charge-back issues. Moreover, MenaPay provides a particular merchant dashboard which removes the barriers for a cryptocurrency to be used in real life transactions.
You can meet MenaPay at Gamescom 2018
MenaPay team is looking forward to meet and interact with investors and gaming companies to give more details about their pioneer and reliable payment system, and they are also open for possible business partnership opportunities for its early merchants.
Gamescom hosts almost 350.000 people from gaming and payment industries every year and this year, it takes place on 21, 22, 23 August in Koelnmesse. You can meet MenaPay at Gamescom Business area at Hall 4.1 (Stand A-062) to learn more about their payment system and new technology and get the early partnership opportunities.
For further information, you can check the website or contact MenaPay via info@menapay.io .
About MenaPay
MenaPay replaces traditional payment methods with a digital, non-banked payment gateway in the Middle East and North Africa (MENA). Established in Dubai / UAE by well experienced people in payment and gaming industries, MenaPay is the leading blockchain technology company with the vision of developing the most commonly used cryptocurrency in MENA. MenaPay platform aims to serve 420 million people, across 18 countries, as their primary payment method. This unique payment method is not only a user friendly and reliable payment gateway, but also it provides an integrated and secure payment solution by using blockchain technology. MenaPay brings a perfect solution to MENA Region by its Islamic compliant structure where more than 60% of the adult population is unbanked. Find more information about how MenaPay is shaping the future of money transactions in MENA region at www.menapay.io .
MenaPay Media Contact
MenaPay Media Team
Elif ARIK
PR Manager
+90 545 556 15 25
