PayPal is now officially available in Pakistan, as PayPal signed a deal with Payoneer, which will benefit freelancers to receive money.
Freelancers can now create dollar accounts, but they must keep 50% of their balance in US dollars. As a result, the caretaker administration met one of the country’s top needs for freelancers.
PayPal in Pakistan
PayPal, known for its quick and easy online money transfers, operates in over 190 countries across the world.
PayPal entry in Pakistan is expected to significantly improve financial transactions, especially for freelancers and those involved in internet commerce.
This deal is expected to transform in-country remittances by routing them through PayPal via a third-party service.
The decision represents a long-awaited success for the freelancing community and e-commerce enthusiasts, who have long advocated for PayPal’s entry into the Pakistani market.
PayPal Signs Deal Via Payoneer in Pakistan
This deal is expected to transform in-country remittances by routing them through PayPal via a third-party service.
The decision represents a long-awaited success for the freelancing community and e-commerce enthusiasts, who have long advocated for PayPal’s entry into the Pakistani market.
Former Finance Minister Asad Umar had earlier expressed his support for the cause, coordinating efforts to bring PayPal’s services to Pakistan.
This accomplishment is a huge step forward, gratifying the aspirations of many who have been eagerly expecting PayPal’s admission into the country’s finances.
The government would launch a project to construct 10,000 countrywide E-Rozgar centers equipped with cutting-edge technology to assist freelancers and start-ups beginning January 11.
This project was intended to address the existing problem faced by around 1.5 million freelancers who lack acceptable workspaces, he stated in an interview with a private news program.
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