Govt opens up PayPal in Pakistan: Good news for freelancers

Now the freelancers of Pakistan can receive their payments through the widely used payment platform PayPal. 

 

After a lot of efforts of Pakisan’s caretaker IT minister Muhammad Umar Saif, PayPal is ready to assist Pakistan’s Freelancers. Umar Saif is the former director of PTIB (Pakistan Information Technology Board) 

Govt opens up PayPal in Pakistan: Good news for freelancers
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More than 650,000 Pakistanis have been exporting their IT services to various countries all over the world, either through independent work or different IT organizations, assisting them with procuring around $200-250 million every month in trade settlements to the country. Pakistan’s all-out IT trade settlements were kept at $2.6 billion in 2022.

PayPal in Pakistan

Besides this, Dr. Umar Saif said the public authority’s obligation to propelling innovation foundation, guaranteeing the nation to accessibility of  5G. In a transition to upgrade internet services, a task to lay more than 200,000 km of optical fiber link the nation over is set to begin soon. Furthermore, the foundation of the Telecom Council satisfies a longstanding interest of the labor force area. Currently, only 6,000 mobile towers are connected with the optic fiber of around 56,000 towers across the country.

paypal in pakistan

Umar Saif explained, “While PayPal itself isn’t coming to Pakistan, an understanding has been reached where settlements would be diverted through PayPal using a third party”. This means a PayPal owner can now send their money to Pakistan to purchase IT services from Pakistan, making transactions easy.

Pakistan’s Caretake IT minister Dr. Umar Saif is changing the IT education in the universities of Pakistan, with the help of HEC (HigherEeducation Commission), NCANational Computing Accreditation Council, and Pakistan Software Houses Association. Under the program, around 31,000 students have enrolled themselves for the test up to this point, and fruitful among them will be extended employment opportunities through the Business Position Program.

 

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