PayPal online payment system in Pakistan soon
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The managements of global online payment system provider, PayPal, and Chinese e-commerce giant, Alibaba, were due soon in Pakistan to hold key talks with the government.
“Negotiations are underway with Alibaba for reduced registration fees for the Sialkot businessmen, while all out efforts are also being made to bring PayPal and other payment gateways to Pakistan,” Khan told the members of Pakistan Sports Goods Manufacturers and Exporters Association (PSGMEA) and other trade bodies here.
“We expect PayPal to start its regular services in Pakistan shortly, as, in this regard, legislation is underway under the supervision of State Bank of Pakistan (SBP).
All these efforts are a part of the government initiative to introduce e-commerce to facilitate the business community.”
