Contrary to Pakistan’s caretaker IT Minister Umar Saif’s claim, PayPal is not going to start operations in Pakistan, directly or indirectly. On Friday, the minister stated that PayPal would operate indirectly in Pakistan through a partnership with an existing payments service called Payoneer.
Sources have, however, confirmed that the partnership in no way means that PayPal would start operations in Pakistan in any way. According to details, Payoneer is entering into a partnership with PayPal to allow PayPal as a payment method for Payoneer users.
For instance if you are a US-based company that outsources work to freelancers in Pakistan, you could make payments to freelancers via Payoneer using your debit or credit card. The new partnership allows Payoneer users to also use PayPal to make payments, just like their debit or credit card.
“Currently, the restriction for Pakistani users is that they can simply not create an account on PayPal from Pakistan. They can, however, do that if they are, say, a citizen of the UK or the US,” said a source familiar with the matter.
“This partnership in no way means that users in Pakistan would be able to open a PayPal account directly or via Payoneer.”
The partnership is not Pakistan specific and spans across all geographies where Payoneer operates. According to a source, the minister making this partnership Pakistan specific could turn out to be counterproductive for Pakistan’s plans to bring PayPal into country.
The issue of bringing PayPal to Pakistan has been at the center stage of policy debates of all IT ministers in recent years because of a growing demand from freelancers to bring this service to Pakistan. Pakistan is considered a rapidly growing market of freelancers in the world and was recently ranked as the fourth largest country in terms of numbers of freelancers.
In September last year, caretaker minister Umar Saif had said that his ministry was actively working to bring PayPal and Stripe, another global payments service provider, to Pakistan to meet the demand of a one-way payments service for freelancers. The minister had then said that conclusive news could be expected in this regard in the next two months.
There has, however, been no headway in this regard since. According to a study published by the Pakistan Institute of Development Economics (PIDE), PayPal not starting to operate in Pakistan could be mainly attributed to perceived restrictions associated with electronic money institutions (EMIs) licensing regime, concerns around money laundering and restrictions placed by the Financial Action Task Force (FATF) on Pakistan.
The study also attributes exchange control regime and data privacy as one of the major obstacles that prevent PayPal from operating in Pakistan.
besnusis acount
sir my besnus is account help me thanks pay pal
credit card 💳 my able ok
maghfoor naaam in pakistan
But there are reports that PayPal has agreed to start the service
yes
am also here to search that type of information but …
yet the minister claims otherwise, just to be in the news
Pakistanis have once again been deceived.… nothing new here. The scoop on PayPal in Pakistan is old news: “Users can receive PayPal payments from US businesses with Payoneer.” (Source: https://www.digitalinformationworld.com/2023/12/soon-youll-be-able-to-receive-paypal.html) IT minister Sahib tricked us all again. Anyway, we should be thankful to Payoneer and PayPal for making this happen.
Whatever, it is good news for the freelancers may soon, paypal will fully operate in Pakistan, ZUCNEE is your source for learning everything related to technology to make your life easier.
rafaqat
I don no
There is always cluttered announcements with bait headlines. Thank you for putting the fact check straight
thankyou for the article
I heard from a friend who knows someone at PayPal that they’re secretly planning to launch in Pakistan. Maybe there’s more to the story than we know?
as me ham nya account bana sage hen
kya sir PayPal ham with out bank use kar sagte hen.
PayPal account working date? Pakistan how can register account.
new business account supported?
payoneer best PayPal best how can compare with payoneer.
I hope best option payment method.
GET RICH WITH BLANK ATM CARD, Whats app: + 1 803 392 1735
I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so many testimony about how Dark Web Online Hackers send them the atm blank card and use it to collect money in any atm machine and become rich I email them also and they sent me the blank atm card. I have use it to get 500,000 dollars. withdraw the maximum of 5,000 USD daily. Dark Web is giving out the card just to help the poor. Hack and take money directly from any atm machine vault with the use of atm programmed card which runs in automatic mode.
You can also contact them for the service below
* Western Union/MoneyGram Transfer
* Bank Transfer
* PayPal / Skrill Transfer
* Crypto Mining
* CashApp Transfer
* Bitcoin Loans
* Recover Stolen/Missing Crypto/Funds/Assets
Email: darkwebonlinehackers @ gmail . com
Telegram or Whats App: + 1 803 392 1735
Other payment systems will break the monopoly of Payoneer because if Payoneer rejects you with any reason then you won’t be able to get money from foreign buyers.
Nothing new here for Pakistani people. Freelancers already receiving PayPal payments through 3rd party services like 2CO. If it come up with a local payment service provider like JazzCash or EasyPaisa then it can be helpful.
i don’t think so its useful people wants direct Paypal account in Pakistan and still its not available
Now a days Paypal is most demanded in Pakistan
Thank you for good information
try to create paypal account but still is not available in pakistan
I really don’t think it will come to Pakistan. However, i hope it comes soon as we need it to work as freelancers.
download paypal app
While there’s been much buzz about PayPal’s potential arrival in Pakistan, it’s important to rely on verified information. As of now, there hasn’t been any official confirmation from PayPal about entering the Pakistani market. Let’s stay informed and await official updates!
However there are reports that PayPal has agreed to start the service.
The How possibale in Paypal in Pakistan?
The how possible in paypal in Pakistan plzzz reply me my payment is pending
WE WANT paypal Directly And They are talking about the payoneer so yes Before They said that u can connect it with payoneer We already did that shit lol its Not pakistan Its albakistan Nothing new Pakistan Is shit everyperson wanna go Outside of Pakistan bcoz if shity Politics
your article is very informative. Thank you.
Great websites. I have created almost all websites, it is very useful.
Muneeb Ahmad janjua from Sambrial Sialkot Panjab Pakistan contact number03416344479
Unwind in luxury with our Busan outcall massage program. Escape the hustle and bustle of the city and indulge in a tranquil massage experience amidst Busan’s serene surroundings.
Experience the ultimate relaxation with our Busan outcall massage services. Let our professional therapists melt away your stress and tension while you bask in the beauty of Busan’s landscapes.
Immerse yourself in tranquility with a Busan outcall massage. Our program, nestled in the Busan area, promises the epitome of relaxation. Let the skilled hands of our massage therapists alleviate the burdens of daily life against the breathtaking backdrop of Busan’s coastal charm.
Haeundae nightlife is considered one of the liveliest areas in Busan.
Along the Haeundae Beach, numerous bars, clubs, lounges, and pubs operate until late into the night.
To
PayPal bank M, D, Sir,
thank you so much my dear respected excellence U, S,
I am Salim Reja from Chapai Nawabganj district sador godagari Rode division Rajshahi.
Country Bangladesh,
Sir I your PayPal bank account holdar, my country name Bangladesh,my need money please Sir my my benefits my money And Cash send me my bank account and my trust wallet account,
i business my Country Bangladesh
my Bank account no-
MY BANK NAME DHAKA BANK,
Title, SHARIFUL ISLAM SALIM
ACCOUNT NAME -SEVINGS
ACCOUNT No -305201000114
ACCOUNT ID -+8801767380936.
SWIFT -DHBLBDDH
BRANCH CHAPAINAWABGANJ
godagari Rode,
Country Bangladesh
my TRUST WALLE
Account ID-+8801828182481.
thank you so much.
Sir Salim Reja from Bangladesh,
Why you not allowd paypal for in pakistan cuntry eny reson you are show paypal in pakistan cuntry
Why you not allowd paypal for in pakistan country eny reson you are show paypal in pakistan countryside sindh
Disappointing news for Pakistani users eagerly anticipating PayPal’s arrival, but misinformation like this underscores the importance of fact-checking before spreading rumors.
why not lunch PayPal Pakistan,