MENAPAY: A DECENTRALIZED METHOD THAT IS DIFFERENT FROM TRADITIONAL PAYMENT GATEWAY
MENAPAY: A DECENTRALIZED METHOD THAT IS DIFFERENT FROM TRADITIONAL PAYMENT GATEWAY
PREAMBLE
In fact, I have not being this excited taking about a project that will bring great revolution to the payment gateway industry.
This is the first, fully blockchain-based payment gateway that is aimed to bring great revolution.
Its also worthy of note that MenaPay is a kind of replacement to the traditional payment system
The introduction of MENAPAY will profile permanent solution to the payment challenges faced by the people in the Middle East and North Africa. Because MENAPAY makes use of the blockchain platform, transactions is now very fast and greatly secured. In fact, this is a platform that displaces the traditional payment method through the provision of an efficient, transparent and secure payment gateway to ensure transactions are without stress and struggle as it is in the current system.
Since the inception or introduction and adoption of blockchain technology, the way business owners and companies do business became totally different from the traditional way. Blockchain technology has really revolutionized the supply chain, method of payment etc. With blockchain technology there is a total removal of intermediary which means third party intervention is now in relevant leading to cost-effective and very fast in transaction operations. In addition to it the system is will also be transparent and users have complete control over their transactions and information. That is a great news to hear.
MENAPAY IN DETAILS:
To go further in this article, it's imperative to note that MENA is an acronym for “Middle East and North Africa”. It is a decentralized blockchain based platform that runs its operations through a cryptocurrency token. It also avail the people an opportunity to invest and pay using self-services machines, interact with money using internet enabled smartphones and computers.
There are so many differences between MENAPAY and the present banking method. Menapay differs from the traditional banking method as it comes with its own distributed platform and individuals access the service without age restriction through the desktop application or the mobile application.
The MENACASH works through private blockchain method to alleviate volatility and to ensure transactions is way faster compared to financial gadgets, which includes debits cards and credit score.
Talking about the token, the MENAPAY Token will use ERC20 and will also be utilized to distribute the profit and sales of the MenaPay platform, which will also be accessible for crowd sale.
ADVANTAGES FOR PARTICIPATING
Birthing of digital currency in the region by setting up and offline re-seller network
User-friendly interface and the mobile payment app also support Arabic language.
Marketing and premium merchants’ campaigns aiming 5 million active users
TOKEN DETAIL INFORMATION
Total Supply: 400,000,000
Token Name: MENAPAY
Token Ticker: MPAY
Token Platform: Ethereum
Token Standard: ERC-20
Tokens for Sale: 256M Mpay
Estimated ICO Price: $0,165
Target Soft Cap: $5M
Target Hard Cap: $25M
CONCLUSION
By way of concluding, MENAPAY is getting the support of influencers in the region, which include women who are politicians, women who work in the tech industry, artists, etc.
To find out more about this project and for your participation, follow the link below:
Website: https://www.menapay.io
medium: https://medium.com/menapay
Telegram: https://t.me/MenaPay
Twitter: https://twitter.com/menapayio
Facebook: https://www.facebook.com/menapayio
Author's Details
Bounty0x Username: @Ebaku
Authorship: E. A Emmanuel
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