There’s no denying that Pakistan is in dire need of a reliable and efficient online payment platform, mainly because of the rise of e-commerce industry in the country. Over the past few weeks, rumors were that the popular online payment platform, PayPal, is planning to enter in Pakistan. However, as much as we hate delivering bad news, the Ministry of Information Technology and Telecommunication made it pretty clear on Tuesday that PayPal has no plans to come to Pakistan as of yet.
Universal Services Fund (USF) officials, while briefing the National Assembly’s Standing Committee on Information Technology and Telecommunication, said that in an attempt to empower women in the under-served parts of the country, they are developing an e-commerce portal. Nevertheless, USF officials did not mention any specific timeframe about when the e-commerce portal will be made available to the public.
It is pretty clear that USF is concerned about women empowerment in the country, which is a great news. The officials of USF said that women in Pakistan will be able to sell their [hand-made] products online through the portal. However, when members of the committee inquired about the payment issues being faced by the online vendors, the officials responded that they are yet to finalize a workaround.
When MNA Syed Ali Raza Abidi asked about the entry of PayPal into Pakistan, Secretary IT Rizwan Bashir said that “they are not coming but we are working on it.”
The officials of USF also briefed the committee about the on-going and upcoming projects along with their completion dates and resources allocated.