12-11-2018 10:14 AM CET - Business, Economy, Finances, Banking & Insurance
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Menapay have met 150 foreign investors from 50 countries at the BADEER I. Business World and Investment Opportunities Summit 2018

Press release from: Menapay
Menapay have met 150 foreign investors from 50 countries at the BADEER I. Business World and Investment Opportunities Summit 2018
Menapay have met 150 foreign investors from 50 countries at the BADEER I. Business World and Investment Opportunities Summit 2018


Middle East’s most innovative payment method is being developed in Turkey

In 1st Badeer Business World and Investment Opportunities Summit, investors from the Middle East and Africa region had an intense interest in blockchain-based payment system was developed by MenaPay team. MenaPay, QR code mobile infrastructure provides a maximum speed as 5 seconds for each transaction while registering records on the blockchain. It’s far faster than traditional credit card methods.

Our Board Member Barış Özistek, CEO Of Netmarble, mentioned about business development process ‘’Moving your technology venture project to global pitch is more possible in Turkey, because it fits the rule of Hometown. In Turkey, there is a ready market for those who want to conduct business, 65% of the high proportion of young people are using smartphones.”

General Manager Of MenaPay Tolga Odoğlu emphasized that ‘’We are very pleased with the interest of investors from the Middle East and Africa. We will launch the MenaPay very soon. Our expectation from the BADEER event was to expand our network in the region and to build the partnership that would make use of the MenaPay technology. But, it was nice to see a similar high interest of domestic and foreign investors.’’

About MenaPay; MenaPay is the first payment system based on blockchain technology in the Middle East and Africa. MenaPay offers payments through a network of cryptographed blockchains, instead of traditional payment methods. This is how it provides a secure and transparent payment network for all kinds of users and for every aspect of daily life. Launched in November 2017 the MenaPay project aims to provide advanced payment services to the 420 million people living in the 18 countries across the region.

Ece Şimşekalp
PR Manager Of MenaPay
E-mail: ece@menapay.io
Contact: 0 535 983 40 37

Ece Şimşekalp
PR Manager Of MenaPay
E-mail: ece@menapay.io
Contact: 0 535 983 40 37

This release was published on openPR.
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