PayPal, AliPay to enter Pakistan

Khurram Dastgir Khan, minister of commerce, on Monday, said the managements of global online payment system provider, PayPal, and Chinese e-commerce giant, Alibaba, were due soon in Pakistan to hold key talks with the government.



While addressing the business community at Pakistan Sports Goods Manufacturers and Exporters Association in Sialkot, He said, “Negotiations are underway with Alibaba for reduced registration fees for the Sialkot businessmen, while all out efforts are also being made to bring PayPal and other payment gateways to Pakistan,”





“We expect PayPal to start its regular services in Pakistan shortly, as, in this regard, legislation is underway under the supervision of State Bank of Pakistan (SBP). All these efforts are a part of the government initiative to introduce e-commerce to facilitate the business community.”



On CPEC, the commerce minister said that the government would soon organise awareness-raising seminars on the China-Pakistan Economic Corridor (CPEC) project in all the industrial cities.