Government Is Inviting Paypal To Pakistan Next Week

Avatar admin | May 18, 2022

Government Is Inviting Paypal To Pakistan Next Week

Government Is Inviting Paypal To Pakistan Next Week

Government Is Inviting Paypal To Pakistan Next Week. The new government is going the extra mile for bringing PayPal to Pakistan. PayPal is an American company, which operates a worldwide online payment system for the sake of bestowing online payment solutions.

We have been mentioned by an official source that forthcoming week, da current prime minister of Pakistan Shahbaz Shareef, would be going to attend an annual meeting of the world economic forum in Davos, Switzerland. Where he intends to meet with the CEOs of energy sectors, global leaders, and commerce delegations as well. He also intends to do a meeting with the representatives of PayPal and would invite the company to start its services in Pakistan.

They also aforementioned that the moit (ministry of information technology and telecommunication) and the ministries of finance are already active to research the endeavor, and the representatives of at least one of the ministries will attend the meeting.

Today, while having the meeting of the cabinet, the prime minister Shahbaz sharif, sought a discussion from the ministry of information technology and telecommunication on the reforms in the information technology( it) sector and also the causes why PayPal has not been taken to Pakistan.

In the years 2015 and 2019, attempts were made to fetching the global online payment giant to Pakistan, but it had denied. To enter the market of Pakistan, the main concern of PayPal is a long list of regularity restrictions by SBP (state bank of Pakistan) and as well as the difficult three steps of the process of approval.

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