PayPal or a "similar platform" could launch in Pakistan soon

Even though PayPal is heavily used around the globe in order to complete transactions and other forms of payments, it is still unavailable in numerous countries, including Pakistan. Now, it appears that the newly-formed government of Pakistan is working to bring PayPal or a similar payment platform to Pakistan soon.

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In a interview with local media channel 92 News HD Plus, Pakistan's finance minister Asad Umer stated that the government is working hard to bring PayPal or an "online platform similar to PayPal" within the next 3-4 months. According to the official, he recently held a meeting with a company which offers an alternative platform to PayPal regarding offering their services in Pakistan. However, since the talks appears to be in early stages, he did not reveal the name of this firm.

He went on to say that due to Pakistan's struggling economy, yet vast untapped potential in the youth, it is of vital importance that an online payment platform launches in the country in order to aid the influx of cash that Pakistanis earn in freelancing and other remote jobs.

PayPal not being supported in Pakistan has always been a highly debated topic in the country as it results in difficulties in securing remote jobs and other freelancing opportunities offered abroad. Many people, especially freelancers and "work for hire" employees (such as yours truly), have been clamoring for it over the past several years. With the Pakistan Tehreek-e-Insaf (PTI) political party coming into power for the first time since its formation 22 years ago, many have been hoping that they deliver on their promises, which now also include launching an international online payment platform in Pakistan, perhaps even PayPal.

Source: ProPakistani

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