It is well-known that the univariate Multiquadric quasi-interpolation operator is constructed based on the piecewise linear interpolation by |x|. In this paper, we first introduce a new transcendental RBF based on the hyperbolic tangent function as a smooth approximant to f(r)=r with higher accuracy and better convergence properties than the multiquadric. Then Wu-Schaback's quasi-interpolation formula is rewritten using the proposed RBF. It preserves convexity and monotonicity. We prove that the proposed scheme converges with a rate of O(h^2). So it has a higher degree of smoothness. Some numerical experiments are given in order to demonstrate the efficiency and accuracy of the method.