Raseen Vs PayPal – In a developing E-Commerce Market!

There have been various posts and long arguments about e-Commerce on TGP recently and the lead discussion has been about Raseen launching their e-Commerce Payment Gateway. Is Pakistan really ready for merchant based e-Commerce has been another technology question asked by a reader from www.askbajwa.com.

At the moment, this whole news about Raseen’s e-Commerce Gateway seems to be more of a hype than looking at an original product ready, launched and in action placed in the market. Initially calling Raseen’s product to be an alternative to PayPal is not a valid argument, especially when Raseen hasn’t announced anything officially nor advertised their product in the news papers across the nation. Yes they have some discussion collateral about their product on their website but that’s about it.

If Raseen intends to launch with Al-Falah, that is the biggest drawback for the individual and cottage industry individual that to operate a bank account with Al-Falah requires a certain amount of balance and if Raseen’s requirement will be to maintain a corporate merchant account with Al-Falah, the bank might charge a larger deposit fee that again does not benefit the individual knowledge worker.

First of all, we have over 2000+ members on the PayPal Authorize Pakistan Now! Campaign, that’s a pretty large figure for people interested in PayPal and as for Raseen, to the prospective user, Raseen doesn’t even exist. We only started hearing about this company a few months ago and that isn’t enough to create the user trust factor that PayPal has developed over so many years and especially when it constitutes a major portion of the Webmaster and online auction system. In order to receive payments from foreign websites and people, PayPal is required because they tend to prefer and authorize payments only through their PayPal accounts and accept the other receiving end to also have a PayPal account.

The issue for PayPal that is still misconceived by many is that most people think we need a new payment gateway. That is both valid and not valid. Say you write articles and charge $5 per article. For that small an amount, neither Raseen nor 2Checkout will be able to help you. If you write 8000 words every day and that is like 20 articles, you can multiply that and get the figure and then the monthly calculation will give you the price that an individual can make through PayPal and if you had a bunch of people doing that same thing, you would actually end up with thousands of knowledge workers contributing that figure.

Pakistan needs PayPal and it needs an individual supporting system. The slogans sung in this message are not worthy of any acclaim as of yet unless Raseen secures a huge amount of e-commerce activity. If it expects that Pakistan will do lots of e-commerce, its day dreaming but if it thinks the individual will be empowered through its solution through a low-cost offering to develop the culture, it would stand a good chance of probably rising a bit above the expectations.

My feeling is that this speculation surrounding Raseen should be stopped and let Raseen do what every good corporate company does, create a strong advertising campaign and launch it on national TV and News Papers and see the response. It is better to pause speculating before the service arrives and proves its mark.


  • Brrr….

    Seems like India’s Paypal is really into keeping Pakistan away from this service. You know they hold technology in this region and won’t let go any chance to make Pakistan, a siister country of Afghanistan.

  • Please drop the conspiracy theories and look at the facts, Brr. People in over twenty Muslim countries can sign up for Paypal. It has nothing to do with Israel, or India.

  • Fuad bajwa can be compared to TV Channels these days…
    they have a lot of time but no stories to tell so they make an issue out of everything which comes their way…and potray it 1000x bigger…
    well that is what they are paid for right? the more hype they create they more they get paid…

    [Comment edited by Admin]

    • CS3

      I know Fuad personally and he is good for nothing. Just taking advantage of something even he himself doesn’t do. He speaks about Ubuntu all the times but doesn’t use himself. However you can see Ubuntu sticker on his weird laptop. Cheers.

  • Farhan

    There ae thousand Gateways out there, what ROCKET SCIENCE is keeping away Pakistan to have one.

  • Qazzafi

    Well to me Paypal can not come to Pakistan bcz there are so so many hurdles for them.

    Just imagine if Paypal start operation in Pakistan no body would use banks or so called HUNDI to sent money from abroad to Pakistan.

    First of all banks and all HUNDI guys wd never want Paypal come in Pakistan bcz if they start HUNDI will not be use any more that’s the one negative aspect which i think Paypal will remain dream for us.

  • hundi is cheap paypal is expensive.
    the only reason i think paypal is not coming to pakistan i political uncertainty and security. paypal would not want to invest in a place which is on the verge of bankrupcy atleast in their eyes

  • Well I see some readers getting personal to an independent analysis. I believe the spirit of freedom of independent opinion on technology is everyone’s right and I have been working as a Webmaster for over 12 years now and have faced the numerous problems that lacking PayPal support in the region puts on us. Anyways, I hope that our freedoms of Technology opinion sharing continue to be respected.

  • vExchanger

    I am in Pakistan and have my Verified Paypal. I can pay anywhere for you. Simply make a deal. Pay me Via Bank Transfer, I will Pay with My Paypal.
    Be Sure, Only Legal transactions.
    and dont think i have any hacked paypal or something else, i have my Credit Card attatched with PayPal.
    So Feel free to contact if you want to have an exchange.
    [email protected]

    • Without your real name attached, you sound like a scammer, vExchanger.

  • Najam

    This issue should be highlighted in newspapers and media as well to bring attention of concerned persons!

  • We all need paypal here.So it might take time to come here

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  • Ivory Hintzen

    Good job!

  • Rashid

    We don’t need Paypal perse. Why not use Skrill (moneybookers). There is already and a reliable alternate present!!! Its been around for many years and I have been using it even outside of Pakistan.