PayPal or a Similar Platform Will Launch in 3-4 Months: Asad Umar

PayPal is a well-known online payment platform that has been requested a number of times in Pakistan.

It’s mainly useful for freelancers who work for international companies and get payment from entities overseas without any currency transfer hassle. Another use is to make payments to online advertising platforms or to buy digital services.

Asad Umer, the current government’s finance minister, said that PayPal or a similar payment service will be introduced in Pakistan within the next 3 to 4 months.

In a TV interview, the minister discussed his idea of how more jobs can be created in Pakistan and his strategy to increase exports, adding that a service like PayPal will be introduced.

Pakistan’s Economy

Pakistan is currently in a dire economic condition, with a giant budget deficit that might take a lot more work to control. Asad Umer says that the best way to deal with this is by working on the small-business sector.


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He said that big investments and giant ventures don’t exactly create jobs or increase exports. They are a way to bring in investment and capital, they bring technological advancement, but do not create as many jobs. Pakistan’s trading sector relies on exports relating to cloth, textile, and other such items which also generate jobs and improve the country’s economic outlook.

Concluding his interview, Asad Umer said that Pakistan has an untapped talent pool of youngsters. They need a payment platform, like PayPal, to bring in the dollars from freelance work.

You can view the interview for yourself here:


    • It can be run like in India, can’t receive from fellow indians, paypal balance will be deposited to the bank account same day, only use attached credit/debit card to pay using paypal.

      • Ironically, this finance minister who is trying to bring paypall or its alternate to Pakistan is there because this ‘jahil brainwashed youthia’ voted him to that place. How many from previous ‘experienced’ regimes strived in this domain?

  • We have already many alternatives to Paypal, the best example is Payoneer.

    We can send money Paypal to Payoneer to Local Bank.

    For personal, Paypal is fine.

    For running a business, Paypal must be in Pakistan to do business with ease.

    • Yeah, i was thinking same. Alibaba bought daraz, they will definitely bring AliPay to Pakistan. Paypal hates our banking system, they will never come to Pakistan.

  • everybody knows he pointed out alipay… paypal doesn’t give f**k about Pakistan so our finance ministry!!!

  • The actual Reason of PAYPAL not coming to Pakistan is that Pakistan is in Grey List of International Financial action Task Force… which observes the Money Laundering and Terror Funding stuff around the world…. Pakistan under previous Govt rules have been the biggest Money Laundering Destination due to vested interest of Nawaz and Zardari… they didnt take any action to curb Money Laundering since they themselves were involved in them… Therefore… Pakistan was put on Grey List… and hence all these oppertunities for our Youth were finished… now since New Govt of Imran Khan has taken over… you can seen in the news how Govt is coming Hard on Money Laundering… Taking the correct actions will get Pakistan removed from Grey List paving the way for Paypal and similar services to come in….

  • what’s difference btw cloth, textile? May the article writer confirm and correct me either in this case, as readers are not only from Pak.

  • Skrill is the alternative of PayPal.. its working in Pakistan as well………… PAYPAL bhi ajai to kiya baat hey…..

  • if PayPal come to Pakistan then anyone can buy sell trade export any
    item through eBay. And if PayPal not come then i suggest bring Stripe
    and Alipay to Pakistan. I wonder that XOOM is PayPal company and it is
    working with Pakistani Banks. So why PayPal not add Pakistan to directly
    to his service ….?

  • Great News…! if PayPal come to Pakistan then anyone can buy sell trade export any item through eBay. And if PayPal not come then i suggest bring Stripe and Alipay to Pakistan.

    I wonder that XOOM is PayPal company and it is working with Pakistani Banks. So why PayPal not add Pakistan to directly to his service …..?


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