MenaPay replaces traditional payment methods with a blockchain-based, fully backed cryptocurrency to provide a secure and transparent payment gateway enabling transactions for every aspect of daily life.
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|Accepting||ETH, BTC, LTC, BCH, Fiat|
MenaPay is the first blockchain based non-bank digital payment gateway for building the biggest cashless society in the world. It focuses on the MENA region and allows users to transfer money within daily life in a secure, fast, and decentralized way.
MenaPay is fully compliant with Islamic finance rules which are very important in the region to provide a convenient and trustable digital payment solution. Blockchain technology meets the requirements of Islamic finance rules about money transactions between parties and earnings from the investments.
Three major statements in Islam are highly important in the region:
- Interest is prohibited. People cannot generate profit via interest.
- There should be at least two witnesses to approve any debt transaction between two parties.
- Earning money via money is allowed if and only if people invest in a real working business or asset.