cing ciripit: MenaPay

The MenaPay has been designed to comply with Islamic finance requirements. The MenaPay Platform does not use or give interest, and proves this via witnesses thanks to the blockchain technology.

The MenaPay Platform shares the revenue of the platform with the MenaPay Token Holders in accordance with Islamic finance approach. As a result of this structure, MenaPay is expected to help the digital transformation of the region.

MenaPay has its own stable coin “MenaCash” which is designed to be used in any online and offline transactions for the intention of daily usage. MenaCash has a stable 1 US Dollar value which is warranted by the same amount of USD kept in multiple banks as fiat currency equal to the amount of MenaCash in circulation. MenaCash solves one of the huge problems to use cryptocurrencies in daily life for users; fluctuation. The main objective of the project is to make it possible, easy and secure to transfer money for each and every user by using the
advantages of today’s high–end technology, which is a requirement of the new digitized world.

As you can see in the following parts; it is obvious that there is a need in MENA region for a revolutionary payment system which can solve many problems that current old-fashioned banking system brings; such as security, difficult transaction process, highly expensive transaction fees, and yet a system that complies with Islamic beliefs.

MenaPay’s products are also designed with excellent Arabic user interfaces, advanced data tools for both users and merchants to disrupt not only cash dependent payment system but also oldfashioned banking tools.

MenaPay token will be an ERC20 token so it has the stable Ethereum network to exist on and will have immutable and viewable transactions to build trust with the people and the merchants alike. The current advantages of the MenaPay token are:

75% profit sharing will be paid to MenaPay token holders
Fast secure and inexpensive payments across boarders
Desktop and Mobile Wallets
100% Islamic non-bank compliant
MenaCash USD tether
Face Recognition for Secure Transactions

Menapay Works

ICO Information

Token: MENAPAY
Symbol: MPAY
Platform: Ethereum (ERC-20)
Price: 1 MPAY = 0.165 USD
Softcap: 5,000,000 USD
Hardcap: 25,000,000 USD
Total Tokens Sold: 256,000,000 MPAY

Token

The MenaPay platform utilizes the MenaPay token which is an ERC20 utility token of the Ethereum blockchain. It is used as a means of payment and also used to distribute revenue and profit on the platform. The MenaCash token is the internal token on MenaPay platform that is used for cash out.