MENAPAY: CREATING A DIGITAL AND SECURE ECOSYSTEM FOR THE FINANCE SECTOR

Introduction

Cryptocurrencies was birthed with the vision to meeting the need of electronic money system which applies the rules of Peer-To-Peer system so as to reduce or totally avoid spending excessively. Our existing financial system needs a new birth of virtual money of the decentralized means by totally removing the centrally controlled system of money in our banks. You will agree with me that the cryptocurrency is cross borders without limiting boundaries, as a non-physical money which was highly fast, efficient, reliable, changed to other form, and with trustworthy cost effective transaction charges. All these are the recent features the digital money came to bring which the existing cash money fails us to serve us; which makes it has superior to the existing cash money system. A platform was created to solving the challenges of our old banking method. Which platform we talking about? MENAPAY!

MENAPAY In A Bit

MENA is simply Middle-East Northern African; according to public opinion, MENA region hasn’t been get it in terms of growth for some times now. It is a region of with many within it. Having lot of territory amount to 20; and 400 million humans make the region their abode.
However, the unique features of these particular human population is that they do used several system kinds of money which made each particular country having their different values. But this same people have their unitary language system across the region. Also lack of unified monetary system makes it a “hard nut to crack” for the human population within the boundary of the said region; thereby making businesses transaction/deals lost huge profit daily. My question is why are they not using a unitary monetary system too?
Moreover, it is still on record till date that the MENA region human population still have unified way of life making it cool for the humans in that region to leverage on this money system. Also, the striking unifying factor of the humans is the language advantage of the Arabic language system of these set of human population.
MENAPAY will leverage on the application blockchain means in transcending the MENA region into a digital one. It will transform both the fiat money/debit card usage to a well decentralized method. It is worthy to note that all the activities participation of the MENAPAY system all done in Arabic language. This means that MENAPAY will enjoy to developing the transparent general method of money for above TWENTY countries in a single region. It has the aim to offer a populated region of more than 400 million ways of reducing their dependency on Fiat money/debit cards payment system.

MENAPAY Features

• Being a coin offering ecosystem, there will be growth opportunities in a wide range. Just like other crypto project; but it surely the best security layer, great privacy, easy navigation means.
• Being located in Africa and Middle regions as regard densely populated regions; there will be a high level of visitors in the territory, such they will all benefit from the platform loyalty reward system.
• A means of gateway payment for over FOUR TWENTY MILLIONS human population across TWENTY territorial countries.
• It will go in-line with the compliant of non-digital bank Islamic solution.
• MENA token posses ERC20, making it to be available always on Ethereum network. It is a tool used to achieve highly secured transactions to enables trust within the merchants.
Competitive Advantage of MENAPAY in the industry
• Desktop and Mobile Wallets enabled
• An 100% based Islamic compliant bank
• Uses of MenaCash United State Dollar tether
• Face Recognition of purpose of Security transactions
• Offering up to about 75% profit sharing formula which will be owns by MENAPAY holders.
• Providing a cost effective payments with no borders.

Benefits of MENAPAY

1. With the application of MENAPAY cash out system cash “MenaCash crypto coin.” All users will have the means to cash-out with MenaCash tokens in cashing using the MENAPAY system.
2. Crypto money is considered to have an unstable value with high volatility. MenaCash has developed a reliable cryptocurrency solidly supported by USD having the means to be 1 MenaCash token to US Dollars.
3. Application of MENAPAY will be a user-friendly one with very easy desktop/mobile applications interface for easy summation. This also enables the availability of Arabic language because our potential market is Middle East with lots of features.
4. MENAPAY apps make uses of incentivize sort of monetary system; whereby token stakeholders can have reward. It aimed to sharing about 75 percent of its generated profit among MENAPAY holders. There will be availability of user’s platform which will can be rewarded based on participatory level.
5. Although, have deep rooted ardent followers of religious tenets, this particular market will doubt about usage of the crypto banking. Then MENAPAY platform will be highly 100% Islamic complaints of the non-bank digital solution.
6. Huge sized of this target human population mostly do not use banking service because of the bank frequent service are more of poor services. MENAPAY will avail a substitute to the people way of banking so as to meet their day-to day of globalized business needs.
7. Premium sellers offer a discounted service to the MENAPAY buyers.
8. The Cryptocurrencies currently could not be daily used as regards a physical transactions due to the entrepreneurs. It will develop a means to building a physical network for reseller such that it will avail them an easy entrance, massive adaptations and a wide explosion as regard cryptocurrencies usage.
9. MenaPay has the required capacity to support over 30 major crypto payments with MenaPay tokens; such that it will be buy from the credit card bank transfer. MENA Token Can be bought from their door when a user went on to exhaust their transaction offline
10. It’s a platform that was completely created on the blockchain with a means of a decentralized means that will avail us transparent/security space for users’ transaction to thrive.

Conclusion

MENAPAY leverages on the app of blockchain means in transcending the MENA region into a digital one. It will transform both the fiat money/debit card usage to a well decentralized method. It is worthy to note that all the activities participation of the MENAPAY system all done in Arabic language. This means that MENAPAY will enjoy to developing the transparent general method of money for above TWENTY countries in a single region. It has the aim to offer a populated region of more than 400 million ways of reducing their dependency on Fiat money/debit cards payment system.

To learn more about MENAPAY, kindly follow the links below

Website: https://www.menapay.io
Onepager: https://www.menapay.io/onepager.pdf
Roadmap: Roadmap

Medium: https://medium.com/menapay
Bounty0x Username: Chudidonas