Thursday, November 28, 2024

Pakistan to Begin PayPal Payments for Freelancers in February

In a significant development for Pakistan’s freelance community, Dr. Umar Saif, the Caretaker Federal Minister for Information Technology and Telecommunication, has unveiled a pilot project. This initiative aims to facilitate payments for around 10,000 freelancers through PayPal, with the rollout set to begin in February.

The announcement coincided with the introduction of E-Rozgar Centers across the country during the Tech Destination Pakistan event. Dr. Saif provided clarity that while PayPal is not establishing a direct presence in Pakistan, an agreement has been established to enable remittances through PayPal via a third-party intermediary.

This innovative program brings a streamlined approach to freelancers receiving payments as it eliminates the need for them to create PayPal accounts. This not only simplifies the process but also promotes and supports entrepreneurship within Pakistan, aligning with the broader goal of fostering a thriving freelance ecosystem in the country.

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