I was thinking to write about PayPal in Pakistan mystery problem or conflict of Interest in my blog since 9 years. When ever I tried to start I got some new information about PayPal in Pakistan then stopped. This is how 9 years past and till this time no one knows when what where and how there will be use of Paypal in Pakistan.
Many times Ministry of IT and other Govt entities tried to talk to PayPal but never succeeded to bring PayPal in Pakistan. The last effort made by Finance Minister Asad Umar said that Ministry of IT & Telecom (MoITT), see the details below about this Effort to bring PayPal in Pakistan.
MoITT is given the task to bring/convince PayPal to introduce itself in Pakistan. If it is unable to convince PayPal then a local online payment system will be introduced in the country. Asad Umar is also willing to meet with the PayPal CEO and assure him that Pakistan is a potential market for investment.
Unfortunately nothing happened till this time I am writing this blog. The problem why Paypal is not bringing or opening PayPal for Pakistan ?
Findings Why No PayPal in Pakistan
Freelancers business growth in Pakistan
According to an estimate Pakistan has around 200,000 freelancers and over 8,000 registered SMEs (small and medium). If you look at stats you will see that a lot of people can use the services of PayPal in Pakistan.
After looking at above statement anyone can make an idea for the business which Paypal can get from Pakistan and how much money can come to Pakistan using PayPal in Pakistan.
Bitter Factor about no PayPal in Pakistan
PayPal running its main operation centers, R&D centers, Support Centers from India the reason behind the CTO of PayPal is Indian guy
As per News Source from India PayPal is planing to hire
plans to hire 1200 people across three research centres in India see below the reference snapshot
That is still not enough there is more to go with India about PayPal, which can be found over the internet searching in Google which will bring many factors about PayPal denial for operating in Pakistan. PayPal creating its R&D Centers in India
Keeping all the above factors in mind anyone can have a clear picture and idea why there is no Services of PayPal in Pakistan. looks like some forces purposely does’t wants PayPal to start operation in Pakistan.
PayPal is an American company which provide online payments system to people worldwide. PayPal enables you to pay, send money and accept payments online. PayPal charges a fee in exchange for their services like one-click transactions and password memory.
PayPal is one of the most secure and fastest ways to send and receive money online. PayPal provides its services in 202 markets and it has 286 million active, registered accounts. You can send, receive and hold funds in 25 currencies worldwide if you have a PayPal account.