Menapay : The Way to Modern Banking
Many banking practices does not align with Islamic principles. As a result. Millions of people in the Middle East and Africa do not access the banking industry as it is not moral to compromise one’s faith for anything. The few of the banking systems that run in accordance with the Islamic law is rather traditional and adopts poor banking practices coupled with the fact that traditional banking is gradually becoming out of trend due to the rapid take over of the blockchain innovation.
Also, most banking institutions available in the Middle East and Africa hardly allows for cross boarder transactions and this have somewhat made life difficult for millions of people in the region. As a result, thousands wishes and yearns for a system that allows for such. Hence, the birth of Menapay platform.
Menapay in view
Menapay is a Blockchain-based payment gateway targeted to the Middle East and Africa and strictly born from the desire to combat and as well put a stop to the numerous challenges faced by the people in Middle East and Africa and in turn. Ease their life in regard to banking.
It is however the very first platform of its kind in the Middle East and African Economy.
Qualities of Menapay
1. Menapay is unique from other platforms of its kind because it provides a reliable payment gateway that is transparent and secure in regard to our everyday banking transactions.
2. Menapay eliminates the huddled faced in Islam as it regards to banking because it is free from intermediaries, hence, Menapay offers inclusiveness irrespective of Religion and or gender.
3. Menapay adoption of the blockchain innovation makes it digital and hence reduces to zero level the problems usually encountered as a result of poor banking practices in the Middle East and Africa.
Menapay Tokenonomics
To become a part of the menapay community, Menacash is the medium of transaction.
The Menacash is unique and different from various cryptocurrencies because while other cryptocurrencies are liable to fluctuation in price, the Menacash is backed by USDs and is equal to 1USD and is not subject to change.
Access to Menapay
Menapay can be accessed with either a desktop or mobile wallet that runs the ERC20 Ethereum compatible format.
Menapay integration
Menapay’s main purpose is to ease life in our everyday transaction using the blockchain technology. It covers a wide area of our everyday life like in the internet Café, Hotels. Grocery store. Bazaar, Restaurants, shopping mall, vending machines, among others.
How Menapay works
In Menapay, tokens can be transferred from person to person electronically using the p2p payment mechanism or through person to merchant for a goods or service rendered.
Roadmap of Menapay
Teams and Advisories of Menapay
Conclusive Thoughts
Menapay no doubt is going to be effective in elevating the Middle East and African Economy because the problems of the rather traditional banking methodology have kept the region backward in regard to the pace of other region of the world.
For more information on Menapay, visit;
Website : https://www.menapay.io
Social media presence
Instagram : https://www.instagram.com/menapay/
Facebook : https://www.facebook.com/menapayio
Twitter : https://twitter.com/menapayio
YouTube : https://www.youtube.com/channel/UC56eU1zaQh2S8k7TB4S2RjA
LinkedIn : https://www.linkedin.com/company/menapay
Writer’s Details
Elechi Oko
Bountyox.io username : elechi
This article was created in exchange for a potential token reward through Bounty0x"
