Alternative payments refer to payment methods used as alternatives to traditional payments. Most alternative payment methods discuss domestic economics or have been developed specifically for electronic commerce and payment systems are generally supported and operated by local banks. Each alternative payment method has unique applications and processes. completion, language and currency support and subject to domestic rules and regulations.
Debit cards also known as bank cards or check cards are plastic cards that provide traditional alternative payment methods for cash when making a purchase. A charge card is a plastic card that provides an alternative for cash when making a purchase where the issuer and cardholder enter into an agreement that debts incurred on a billing account will be paid in full and on the due date.
MenaPay is the first blocking-based payment gateway that is fully supported in the Middle East and Africa. VenusPay replaces traditional payment methods with cryptocurrency fully supported by the blockchain. Vision MenaPay is building a website and cellular-based application that will enable integration of crypto payment solutions to various websites and supports Arabic on the dashboard.
New payments such as Bitcoin and other cryptocurrency solutions have disappointed us because they are expensive and involve large and improper transaction costs for your daily payment needs such as buying groceries, paying for taxis and other services available for each day. MenaPay targets to change the status quo by bringing 100% digital non-bank Islamic solutions, use the blockchain to create a single currency to be used in daily transactions and across borders, https://www.menapay.io/
We create new standards in the crypto industry for participatory returns, apart from regular incentives for users and investors.
- P2P transactions
-P2M Peer to Payment Merchant
-Merchant M2F to the Foundation
- Green Mining
In further developments the implementation of this program is the North Africa and Middle East region. With the advancement of technology and the entire Blockchain ecosystem has grown at a commendable pace, most of the development takes place in several world pockets. The Middle East and North Africa region have so far remained isolated from growth on the Blockchain. This area is under the banking infrastructure that was developed because Islamic Sharia law prohibits loan interest. As a result, the GCC region has sharia-compliant financial institutions that represent about 1% of the world's total assets. This region also has a very fragmented with various currencies that have prohibited the unification of all regions into one market.
Onepager: https://www.menapay.io/onepager.pdf
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Authors: YarisRiyadi1st
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My ETH: 0x8B1820FB5829696cA5b595d09dF4e0F5757a97A7
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