The Benefits of MenaPay
MenaPay is the first Islamic finance compliant (Halal) payment gateway for focusing the Middle East & North Africa (MENA) countries as a start point.
MENA means — Middle East & North Africa
MENA POPULATION & PROBLEMS
The region has over 420 million people.
More than 60% of adult population is unbanked — over 250 Million People. They are unbanked because of the conservative practice of Islam and poor banking system. They are cash oriented which is a barrier for businesses to generate revenue.
Merchants can not expand their businesses in this region unless they can monetize these people.
SOLUTION for MENA
MenaPay is building an Islamic Finance compliant structure by utilizing the blockchain technology.
For MENA Population : They have a Halal Payment solution which gives them freedom to make purchasing in online and offline world, specifically created for their needs.
For the Merchants: MenaPay solves the barriers they have been facing in the region for a long time.
First in blockchain industry via MenaPay:
- Islamic finance compliant
- New market to monetize- 250 million people
- Blockchain based payment application with 100% Arabic user interface
- Instant audit on blockchain during transaction
- Trustable USD backed stable coin offering easy fiat currency conversion: MenaCash
- Usage in Real Life — Online & Offline World
The vision is to help the digital transformation of the MENA region with its important authority Islam by Blockchain Technology
MenaPay will bring the merchants closer to the end users without the barriers of MENA region where the payment experience will change once and for all.
Best Regards,
Burak Erdir
MenaPay Business Development Director
burak.erdir@menapay.io
Telegram: Burak Erdir
Twitter: Burak Erdir , MenaPay
