Pakistan Working Hard for PayPal and AliPay : Commerce Minister
Yet again, it is being said that Pakistan is endeavoring uncompromisingly on legislation cut the first turf for international payment doorways, such as Paypal and AliPay, to penetrate the local market. However, this time around, Commerce Minister of Pakistan, Khurram Dastgir Khan has declared that government of Pakistan — under the superintendence of the State Bank of Pakistan — is making efforts on reorganization the procedures that will facilitate international payment portals to start contributing services in Pakistan shortly.
However, the timeline for this is yet to be communicated.
Mr. Dastgir, who recently paid a visit to China along with Mian Nawaz Sharif, Prime Minister of Pakistan. The duo visited headquarters of the Alibaba group, and now Dastgir says that the government is heading in the right path to digitalize the market of the country with hopes that PayPal and other payment accesses would soon be available in Pakistan.
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It is worthy of mention here that this is not the first time a Pakistani minister is promising the opening of PayPal and other payment openings but hopes are high that international payment gateways might finally be making their way to Pakistan.
It is recallable here that Pakistan is currently holding the fourth rank in the world regarding the number of freelancers, nevertheless, the freelancers are usually left with no option but to use whichever unlawful or very pricey means of getting salaried from overseas customers.
The arrival of PayPal will change this scenario and Pakistani freelancers will be capable of acquiring payments of their labor for international customers with just a few clicks.
Freelancers have been asking the government to cut the first turf for PayPal for over a decade now, though, it’s in fact only now that they have comprehended the legality of the demand and at last a good conclusion is expected.