In recent developments, there have been positive steps towards the launch of PayPal and Stripe services in Pakistan. Caretaker Federal Minister for Information Technology and Telecommunication, Dr. Umar Saif, has revealed ongoing discussions with these online payment giants to facilitate freelancers and boost the IT industry in Pakistan.
Dr. Umar Saif shared that efforts are being made to convince PayPal to offer its services in Pakistan through a third-party arrangement, similar to its model in Egypt. Talks with PayPal are scheduled for the near future, with the hope of reaching an agreement soon.
Additionally, discussions with Stripe, another major online payment provider, are also progressing. This demonstrates Pakistan’s commitment to opening up avenues for freelancers and businesses to thrive in the digital economy.
Earlier this month, Dr. Saif expressed his determination to bring these online payment services to Pakistan, aiming to empower freelancers and foster growth in the technology sector. His plans received approval and appreciation from caretaker Prime Minister Anwaarul Haq Kakar, further reinforcing the government’s support for this initiative. Stay tuned for more updates on this exciting development, as Pakistan works towards embracing digital financial solutions.
