Asad Umar Wants to Meet Paypal’s CEO for Launching its Services in Pakistan

Finance Minister Asad Umar stressed that Pakistan needs a reliable online payment gateway in order to promote the needs of the country’s IT and e-commerce sector. To this end, the Finance Minister signaled his willingness to go meet PayPal’s CEO on the next flight, and convince him to consider the Pakistani market.

Highlighting Pakistan’s IT sector and the market potential, he does not understand why PayPal is not interested in exploring a huge market. Asar Umar also mentioned that even if PayPal does not set up shop here, there must be some other alternative that Pakistanis can use as an internationally accepted payment gateway.

“I have met Prime Minister Imran Khan and IT minister in the past few days just to make sure we are moving in the right direction in this regard,” the minister said.

Asar Umar is hoping to attract either PayPal or other internationally accepted alternative during the next four months, pointing to the fact that many entrepreneurs and startups need it.

During an online interview, he was asked about why Pakistan has closed sales on other spectrum after the 4G auction. He responded that even though spectrum sale has shut down, there are still more opportunities available. He pointed to Myanmar’s example, saying that they have mobile spectrums higher than 400 Mhz whereas Pakistan has shut off sales after auctioning off 124 MHz of it.

“Why are we still holding on to that? This is not a finite resource that could end.”

via The News


  • Twitter Pe TAG Kar Dete PayPal K CEO Ko to Bina Appointment Mulaqat Ho Jati

    • Ok Thanks

      • Nadeem Malik

        finance minister ki meetings aisay nahi set hotien through proper channel jana parta hai :)

        • Imran Jalbani

          hmari malumat mai izaafe ka shukrya.. lol

          • Nadeem Malik

            Giyan bantany sy barhta hai ;)

            • Imran Jalbani

              purana giyan i baantte rahogy :DD
              AAgey bi bharo ;)

              • Nadeem Malik

                aagay ki chand ty tur jawan :P

        • Imran Jalbani

          hmari malumat mai izaafe ka shukrya.. lol

  • Muhammad Abrar Ali

    Thast Asad not Asar Umar

    LoL :p

    • Imran Jalbani

      or mistakes nahi dikhin.. ROFL

  • Ahtysham Afzal

    Hume pehle apna custom tax aur banking system theek krna pry ga! Payap ka aam admi ko koi faida nahi siwaye freelancers k.
    Aam admi is happy with easypesa jazzcash or omni.

    • Nadeem Malik

      International scope bhai :P kis ny kaha aam aadmi ko iss ka faida nahi , aik aam(mango) baichny wala bhi paypal ky thorugh poori duniya main kaam kar sakta hai , international payments paypal handle kary ga aur woh banda shipping handle kary ga , imagine the possibilities now.

      • Xahid

        He didn’t know how business works.

        • Nadeem Malik

          i tried to explain i hope he got my point ..

      • Ahtysham Afzal

        Han ji bhai lekin hmara banking system bhi to dekho! Easypesa account main pese free deposit hoty hain lekin niklwanay or pese lgty hain! Main ubl use krta hon, ubl to ubl free ha lekin ubl to other bank 16% of total amount plus 110 rupees lgty hain! Bank main hmaray pese hi niklwanay pr charges lgty hain! Agar paypal bhi aa kr charges lgaye ga to kya faida hoga!
        Lekin Allah karay g aam admi ko iska fiada ho, har banda isko use karay! Cashless system ho.

        • Nadeem Malik

          bhai aap international market main main aap yun approach nahi kar sakty , aik banda africa main betah howa hai aap ny usko koi cheez sell karni hai kaisy karen gy , paypal aik international gateway hai , han aik baat py main agree karta hun har aik ko iss faida nahi hai , jaisy internet hai iss ka direct faida bohat kam logon ko hai , lekin yeh aik bohat acha initiative hai ky international payment gateway aa rha hai ..

  • usama

    I hope he meets the CEO PayPal will certainly help a lot of developers and freelancers to receive there payment easily and it will also boost IT sector of Pakistan.

    • Nadeem Malik

      it will help alot of people not just developers and freelancers because when paypal launches its services to any country they open for whole country not any specific domain only ..

  • Repeater

    We closed Sales on Spectrum Because high frequencies are highly dangerous to health!
    State loves us that’s why there is no 5G :)

  • Kashif

    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 ?

  • Nabeel Ahmed

    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 ?

  • Imran Jalbani

    Look busy Do Nothing!!
    suits for this farigh article..
    News should be cast as measures have taken and implemented.
    I am still laughing & confused with headline “Asad Umar Wants to Meet”
    ROFL

  • Imran Jalbani

    Look busy Do Nothing!!
    suits for this farigh article..
    News should be cast as measures have taken and implemented.
    I am still laughing & confused with headline “Asad Umar Wants to Meet”
    ROFL