Good news for freelancers as PayPal enters Pakistani market through strategic partnership

ISLAMABAD – Pakistani government remains in talks with PayPal to start operations, and the prolonged talks turn out beneficial as the online payment giant finally enters Asian country through a strategic partnership with an existing international payment gateway.

The move will help freelancers to get payments smoothly, as the platform supports multiple currencies, allowing people to receive payments in their preferred currency.

The interim IT and telecom minister Umar Saif announced the leap forward, pronouncing PayPal is not coming to the us of a and an agreement has been reached under which the remittances would be channelised from Paypal thru a third birthday party.

Dr Umar discovered that the reliable release occasion is set for January 11, because the interim government plans to introduce new tasks. 

This includes presenting smartphones thru clean installment plans and engaging in standardized first-class checks for IT graduates inside the coming week.

For quite some time, freelancers remain in advocating for the introduction of on line fee structures.

The preceding government also made attempts, however they didn’t materialize.

 Paypal in advance hesitated to return to Pakistan, citing a lack of commercial enterprise opportunities.

It was learnt that Kakar-led government is making efforts, collaborating with the SIFC and the State Bank, to implement a significant policy change.

 This allowed IT companies to retain 50% of their export revenue in dollars in a local account, enabling them to cover international expenses without restrictions. 

This move encouraged IT companies to repatriate their dollars.