MenaPay is the first fully blockchain based payment platform which focuses on the Middle East and North Africa region (MENA) preliminary. It is a platform that allows transactions on a blockchain with very low transaction fees, is not affected by fluctuation of cryptocurrencies, faster and more secure than any traditional payment gateway.

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.