The Sialkot Chamber of Commerce and Industry (SCCI) has started demanding government authorities to bring global e-commerce payment gateways in Pakistan, as this mode of business will replace the traditional business methods and transaction in coming years.
SCCI President Majid Raza Bhutta said, “Government should direct concerned authorities including the State Bank of Pakistan, Ministry of Information Technology and others to strive for bringing e-commerce payment gateways like PayPal, Google pay, Samsung pay, Ali-pay to Pakistan for necessary promotion of exports and business in international arena”
In Pakistan, e-commerce market is on a growth trajectory and such demands have been made repeatedly by business gurus of different sectors. Some local start-ups are coming up with electronic payment solutions but those are at their infancy and hence, are catering to local markets. In addition, mobile wallets are also paving way for digital transactions.
Keeping this need in view, some global companies have now focused on Pakistan; however, it will take some time before the country actually has a global payment gateway.