MXC Global has established strategic cooperation with MenaPay in fiat currency. MXC will expand the Turkish and Islamic markets with the help of MenaPay.
MenaPay is the first, fully backed and blockchain-based non-bank mobile payment solution and Super Application used in the MENA region, which is compliant to the Islamic Finance rules. MENA region refers to 18 countries in the Middle East and North Africa, including Turkey, Saudi Arabia, and Egypt, with a total population of about 441 million people. Turkey is now the third-largest cryptocurrency trading market in the world, after the U.S and Japan.