I would like to know if they have potential competitors in these regions? because it's large sector, and if they can be the first who can realize this, it will bring success.

I do not think I understood the connection between the religion itself and the attributes of the Project or Team, even if they have any kind of good or bad experience with any Member from any niche, it must be understood that there is a new Team, new perspectives and new opportunities

That is because they are not so seriously considered as the security tokens. Frankly, the utility tokens are just a means of safe paying for some services and that's it; you cannot earn from them.

I saw an article about Menapay in a very popular German Crypto Blog: https://altcoinspekulant.com/2018/11/05/menapay-eine-neue-und-mobile-bezahlmethode-fuer-die-mena-region/

It is nice that menapay starting to get recognized. If you don't know German like me, just translate it with google

we'll see if BAKKT starts their crowdsale and the price of bitcoin and other altcoins will go up, of course, they will also be impacted well,
hopefully with BAKKT prices can rise like last year

A new partnership announced for MenaPay, It's BIG NEWS. I did a video update:  https://www.youtube.com/watch?v=nWDIxyJ1Cxw&t=206s

They already did announce the partnership with pumapay so stop clickbaiting people to get more views to your video.

Thx for the link. The article is quite confident about the potential of Menapay.

Thanks for that link to the review. I do not know a lot about the so-called MENA region. I was surprised to read 80% of the people down there do not even have a bank account and most transactions are cash instead of electronic. Seems like there is indeed an opportunity here. Yet there is a risk that, even though MenaPay claims to avoid whatever hurdles there are preventing electronic payments from getting a foothold, they may still be banned eventually.