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Home Sector FinTech

Freelancers Demand New Government to Bring PayPal to Pakistan

10 May 2022
in FinTech
Reading Time: 1 min read
PayPal

PayPal is a well-known online payment system that makes sending money internationally a breeze.

The American firm was created in 1998 and has offices in a number of major nations throughout the world, but not in Pakistan.

PayPal had over 400 million users globally at the time of writing and generated over $25 billion in annual income.

Local freelancers have long complained about the lack of PayPal in Pakistan, but the issue is resurfacing lately. On Twitter, #PayPal is trending again, with hundreds requesting an official debut in Pakistan.

The tweet also includes a link to a CNBC report from 2019 that lists the top 10 fastest-growing freelance markets. Pakistan came in fourth place, with a 47 percent increase in self-employment wages year over year (2018).

The new trend coincides with Pakistan’s recent change of leadership. Shehbaz Sharif of the Pakistan Muslim League-Nawaz (PML-N) has taken over as Prime Minister, and people are using the chance to demand the changes they want.

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