Paypal in Pakistan

[bravoguy]

Hello,

Any update regarding Paypal in Pakistan coming since Anousha Rehman's last year's initiative to bring internet giants to Pakistan ?

Mods all related Paypal old threads are closed therefore posting here a new one for the latest info.

 

[GloriousChicken]

Hello,

Any update regarding Paypal in Pakistan coming since Anousha Rehman's last year's initiative to bring internet giants to Pakistan ?

Mods all related Paypal old threads are closed therefore posting here a new one for the latest info.

Nope, And we dont see it coming anytime in the near future as well.
As you already know that paypal is only in countries with huge e-commerce, and in Pakistan, that thing aint nowhere here in our life time so yeah...
No chances, even with certain pushovers.

 

[bravoguy]

I thought introduction of xoom is the first initiative taken by Paypal to start operations in Pakistan and Bangladesh.

 

[GloriousChicken]

I thought introduction of xoom is the first initiative taken by Paypal to start operations in Pakistan and Bangladesh.

Xoom is a different service, I believe.
And its a pretty useful service for people that are abroad, Still dont think it means anything major about paypal actually coming to our country.

 

[armada]

that anosha it minister can't do anything

 

[GloriousChicken]

that anosha it minister can't do anything

To be honest, its in nobodies hand other than Paypal.
Unless we have a sizable e-market.
We wont see them coming here any time soon.

 

[bravoguy]

See E-Commerce revolution in India

https://www.facebook.com/video.php?v=1602868479728488

 

[Vbulletinpro]

To be honest, its in nobodies hand other than Paypal.
Unless we have a sizable e-market.
We wont see them coming here any time soon.

I don't agree that we haven't a sizable market, did you ever check sales of our online stores like daraz.pk, shophive, galaxy, homeshopping and tons of Pakistan stores online. There are tons of third world countries are supported by paypal which have worst economies of the world. Here are the full list of paypal supported country.
PayPal Global - All countries and markets - PayPal

Where the problem lies.
The main problem lies because of State Bank of Pakistan policies. Paypal have problem in accepting these policies, According to some news State Bank of Pakistan wants paypal to track every transaction made and report to State Bank as well as Share Paypal customers data to State Bank of Pakistan and other Secret Services for security purposes.

 

[GloriousChicken]

I don't agree that we haven't a sizable market, did you ever check sales of our online stores like daraz.pk, shophive, galaxy, homeshopping and tons of Pakistan stores online. There are tons of third world countries are supported by paypal which have worst economies of the world. Here are the full list of paypal supported country.
PayPal Global - All countries and markets - PayPal

Where the problem lies.
The main problem lies because of State Bank of Pakistan policies. Paypal have problem in accepting these policies, According to some news State Bank of Pakistan wants paypal to track every transaction made and report to State Bank as well as Share Paypal customers data to State Bank of Pakistan and other Secret Services for security purposes.

Valid
argument.

Will take into account in future.

 

[sjan]

According to Wikipedia:

In January 2008, PayPal acquired Fraud Sciences, a privately held Israeli start-up company with expertise in online risk tools, for $169 million, in order to enhance PayPal's proprietary fraud management systems.

PayPal has links to Israeli companies and subsidiaries, who would certainly not want PayPal to enter Pakistan as Pakistan does not officially recognize Israel. The issue is more of Political nature than technical or economic.

 

[Controller]

Due to Israeli Interest in Paypal, I Guess It's A Major Reason From Our Bureaucrats/Secret Services To Skip Paypal.