PayPal is not Coming to Pakistan: Dr. Khalid Maqbool (Minister IT)

SHARE:


Federal Minister for Information Technology and Telecommunication Dr Khalid Maqbool Siddiqui on Thursday revealed that PayPal is not coming to Pakistan. The government is still connected with PayPal as well as looking for other alternatives, said the minister while briefing the Senate Standing Committee on Information Technology and Telecommunication.

The committee meeting was chaired by Rubina Khalid here on Thursday. Secretary IT Marrof Afzal said that internal issues of PayPal were the reason behind the refusal for coming to Pakistan. He said that security and anti-money laundering related laws have been tightened and there is no issue in coming to Pakistan.

Senator Mohammad Ateeq Sheikh said that the company is not coming to Pakistan due to lack of legal backing. He further said that PayPal is operating worldwide, and a Pakistani director who is working in the company wants to bring it to Pakistan. However, fearing the entry of money laundering in the system in Pakistan, the company has refused to come to Pakistan.

He proposed that the government should provide a sovereign guarantee to PayPal and ask them for coming on Public Private Partnership to remove their apprehensions. The committee observed that due to lack of online money transfer system, the country is losing huge foreign exchange reserves, besides not letting the freelance sector to flourish.

The government should provide a sovereign guarantee to PayPal and ask them for coming on Public-Private Partnership to remove their apprehensions.

COMMENTS

BLOGGER

How You Feel About This Post

Like Our Content ? Enter Your Email and Get Daily Dose of Infotainment Stories

Name

5G,2,Abaya,14,Adobe,2,Ahsan Khan,3,Aima Baig,5,Aiman khan,16,Alizeh Shah,8,Android,48,Apple,16,Apps,709,Ayesha Khan,1,Ayesha Umer,3,Ayeza Khan,23,Bags,1,Bollywood,80,Breakfast,1,Bridal Dresses,11,Celebrities,1176,Children Prints,8,Cookware,1,Dresses,352,Facebook,55,Fashion,439,Fawad Khan,4,Firefox,4,Fiza Ali,2,Food,29,Gadets iPhone,7,Gadgets,913,Gents,1,Gents Dress,26,Gmail,9,Google,67,Google Assistant,8,Google Duo,8,Google Gboard,7,Google Maps,19,Google Photos,8,Google Pixel,2,Google Play Store,3,Hair Styles,12,Hania Amir,9,Hareem Farooq,3,Health,84,Hera Mani,7,Hijab,3,Hina Altaf,4,Hollywood,8,How To,293,HTC,5,Huawei,149,Humayun Saeed,1,Iman Aly,1,Infinix,15,Instagram,53,iOS,62,Iqra Aziz,17,Iqrar Ul Hassan,11,Kinza Hashmi,7,Komal Rizvi,2,Ladies Cloths,196,Laptops,1,Lenovo,13,LG,24,Mac,5,Mahira,17,Makeup,15,Mathira,2,Mawra Hocane,8,Maya Ali,15,Mehndi Styles,26,Mehwish Hayat,12,Meizu,19,Microsoft,5,Minal Khan,14,Mix topics,921,Mobilink,15,Momal Sheikh,3,Momina Mustahsen,2,Motorola,20,Music,35,Nadia Hussain,1,Neelam Muneer,4,Neelam Usaf,1,Netflix,3,Nida Yasir,9,Nimra Khan,6,Nokia,42,Nubia X,6,Office,1,OnePlus,16,Oppo,60,Pak Army,1,Pixel,1,PTCL,2,Qmobile,2,Realme,19,Reema Khan,8,Resham,1,Saba Qamar,11,Saboor Aly,5,Sadaf kanwal,6,Sajal Ali,14,Samsung,159,Sana Fakhar,1,Sana Javed,1,Sanam Baloch,4,Sanam Jung,2,Sania Mirza,1,Sarah Khan,5,Shawls,3,Shoes,12,Showbiz,1317,Sidra Batool,1,Skin Care,9,Skype,6,Snapchat,12,Sony,10,Sonya Hussain,2,SoundCloud,1,Sports,67,Startups,2,Summer Outfits,56,Syed Jibran,3,Tech,1835,Techno,8,Telegram,4,Telenor,10,TikTok,7,TV,4,TV Series,151,Twitter,19,Uber,1,Ufone,3,Urwa Hocane,7,Videos,140,Vivo,57,W,1,WhatsApp,79,Windows,92,Winter Collection,1,WordPress,1,Xiaomi,97,YouTube,23,Zara Noor,14,Zenfone,2,Zong,4,
ltr
item
Daily InfoTech: PayPal is not Coming to Pakistan: Dr. Khalid Maqbool (Minister IT)
PayPal is not Coming to Pakistan: Dr. Khalid Maqbool (Minister IT)
https://www.phoneworld.com.pk/wp-content/uploads/2019/05/paypal.jpg
Daily InfoTech
https://www.dailyinfotech.com/2019/05/paypal-is-not-coming-to-pakistan-dr.html
https://www.dailyinfotech.com/
https://www.dailyinfotech.com/
https://www.dailyinfotech.com/2019/05/paypal-is-not-coming-to-pakistan-dr.html
true
3600554654078239861
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy