MenaPay is the first, fully backed blockchain-based payment gateway in the Middle East and Africa. MenaPay replaces traditional payment methods with a blockchain-based fully backed cryptocurrency. This provides a secure and transparent payment gateway to enable transactions for every aspect of daily life.
How MenaPay works
We are creating a new standard in the crypto industry for the level of participatory returns, beyond the regular incentives for users and investors.
- P2P Transactions
- P2M Peer to Merchant Payments
- M2F Merchant to Foundation
- Green Mining
The MenaPay Platform offers a comprehensive payment solution to be used in every aspect of the daily lives of the cash using Mena region community with its blockchain-based payment infrastructure, mobile and desktop applications, its specially-designed Dashboards for merchants and Reseller applications.
- KYC - To ensure no illegal activities are performed on the MenaPay Platform and serve our customers a secure network, the platform conducts a KYC (Know Your Customer) procedure.
- Dashboard - Data oriented decision making is crucial for merchants.
- Reseller Application - In order to provide an easy MenaCash purchasing experience to its users, MenaPay Foundation authorizes some entreprises other than itself, which can sell MenaCash.
- Mobile & Desktop Payment App (Wallet) - The MenaPay application is also designed to be the wallet of the users
MenaPay Foundation encompasses various aspects including crypto exchangers, revenue and profit system, green mining reserves, cash-out commission and request system, purchase menacash, merchants and individual users. Menapay works by creating a new standard in the crypto industry for the level of participatory returns, beyond the regular incentives for users and investors. The main features of MenaPay include: P2P Transactions; P2M Peer to Merchant Payments; M2F Merchant to Foundation; and Green Mining. All this innovative features work together to give outstanding results seen in MenaPay platform.
Payment processing in traditional payment workflow which requires too many intermediaries (including issuing bank, payment gate, credit card association, payment processors and acquiring bank) is overcome in MenaPay because it connects customer with merchants directly for frictionless and trustworthy transactions. MenaPay linked customer to the merchant with the use of Menapay Token.
More Information
Website: https://www.menapay.io/#home
Whitepaper: https://www.menapay.io/whitepaper_en.pdf
ANN: https://bitcointalk.org/index.php?topic=4884588.0
Facebook: https://www.facebook.com/menapayio
Twitter: https://twitter.com/menapayio
Telegram: https://t.me/MenaPay
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