MenaPay Fully backed blockchain-based payment System

MenaPay is the 1st block string based nonbank digital repayment gateway intended  for building the largest cashless culture in the world. This focuses on the MENA  area primarily. It is going to allow users to copy money inside daily life  within a secure, quickly and decentralized way. It will eventually focus on VETA  as its main market. It really is fully up to date with Islamic finance  guidelines which are extremely important in the region to get a convenient and  trust-able digital payment answer. Block cycle technology fulfills the  requirements of Islamic financial rules regarding money deals between  celebrations and income from the opportunities.

Three main statements in  Islam are quite important in the area: Interest is usually prohibited. Persons  cannot create profit through interest. There ought to be at least 2 witnesses to  accept any financial debt transaction among 2 functions. Earning money by way of  money is definitely allowed in the event that and only in the event people buy a  real operating business and asset. The everyday orders with standard currency  have already been challenged with a lot of crypto currency miners. It has been  believed since lengthy that these classic means will be obsolete earlier than  expected.

MenaPay is functioning its method to create a repayment gateway  that could use crypto currency ideals which can be utilized on an everyday  basis. This has been was executed to keep totally transparent and secure to get  the users to rely even more on it. There are a great number of other comparable  services looking to offer the same, which makes it common. The task works the  way throughout the generic strategies which require multiple intermediaries who  demand a lot more than you must pay.

Inside the MenaPay system, there  would be just one mediator and it would cost you a nominal, near to zero  quantities to procedure transactions. This could get better with all the due  program as well. They may have devised multiple products such as the merchant  dash, mobile repayment application, API & SDK and reseller application with  their MenaPay deal project. The company model can be fully supported with  protected transaction means and low exchange prices to keep it not the same as  others. There exists a scope of peer to see transaction along with expert to  vendor transaction to split up individuals and business owners.

The brand  new digitized globe requires applying technology in each solitary area. The  countries which usually inspired others with their video game changing actions  such as Cina had easily been aware of the importance from the need inside the  fintech marketplace. Today, the quantity of people who make use of Alipay and  WeChat Spend in a month is around nine hundred million. They will clearly  declare they currently started to reside in a digitized, cashless long term.

Website : https://www.menapay.io/#how-it-works

Telegram : https://t.me/MenaPay

Twitter : https://twitter.com/menapayio

Facebook : https://www.facebook.com/menapayio

My Bitcointalk profile Link : 

https://bitcointalk.org/index.php?action=profile;u=1496760