Paypal is quite popular among freelancers and businessmen because of its undeniable benefits to the users. Pakistan had tried to gain some of the benefits but it remained unsuccessful. Regardless, the government is making huge efforts to get this facility in Pakistan but it seems, all went in vain. So, should we expect ‘Paypal Pakistan’ accounts in the near future?
Benefits of ‘Paypal Pakistan’:
Freelancing and E-commerce are emerging in Pakistan and both demands ‘Paypal Pakistan’. Their demand is justified because there are several benefits associated with Paypal accounts. Let’s discover a few of them:
- Paypal is the preferred payment method all over the world. It means you can easily find Paypal in most of countries. So, international clients find it the most appropriate way to pay for the products and services.
- You do not have to wait long to receive your payments.
- Paypal charges you less for the transactions.
- Paypal payment is secure one and many users trust this company for the huge transactions, daily.
Note: More inflow of money into Pakistan would improve the economical situation of the country. By the passage of time, the number of freelancer working from Pakistan is increasing. Ultimately, they have potential to earn and bring currency to Pakistan.
Read More: How To Check Dubai Visa Status?
Why There Is No ‘Paypal Pakistan’?
The freelancers and E-commerce community are repeatedly pressurizing the government to take corrective actions to get ‘Paypal Pakistan’. Therefore, there were some advance talks between the company and Pakistan. Sadly, the company is not willing to expand itself in Pakistan. Well, there are several under-developed countries where Paypal is available for the users, while Pakistan comes under the category of developing countries. Even then, there is no ‘Paypal Pakistan’. What are possible reasons for that?
Firstly, credit card penetration is not really common in Pakistan. It means people do not purchase credit/debit cards to pay off their payments. Therefore, the company does not find any potential in Pakistan’s market.
Secondly, money laundering is a hot topic in Pakistan and it is not a hidden fact that Pakistan is facing many issues due to it. So, the company is not interested to invest in such a country where money laundering is not a rare case.
Note: Currently, Paypal is not in Pakistan. So, stay safe and do not share your information who present themselves as Paypal Pakistan’s representative.
Read More: WORLDFREE4U- STILL NOT WATCHING MOVIES?
How To Get ‘Paypal Pakistan’?
Firstly, the government should take some serious actions towards money laundering issue. This issue is affecting the soft image of Pakistan in the whole world and due to this many foreign investors hesitate to invest in Pakistan’s businesses.
Secondly, the IT Ministry of Pakistan should work for the freelancing and E-commerce community. ‘Paypal Pakistan’ is crucially important for this community which is already doing a great job. Additionally, the IT Minister can convince Paypal to expand itself in Pakistan.
How long it would take Paypal to enter Pakistan’s market? Share your reviews in the comment section below.