Saturday 7 July 2012

Why PayPal is not Available in Pakistan - 4 Solid Reasons

Paypal is one of world largest, most users and safest source of money transfer. You can send and receive payment from it on internet. So, majority of online earners, including bloggers must need Paypal account in some cases like in matter of monetization, because majority of advertisers will give priority to Paypal for money transaction. 
Why PayPal is not Available in Pakistan how reasons use
The purpose behind this post is that to share the reason which i found in discussion with my friends on unavailabity of PayPal in some countries like Pakistan (as I'm also from Pk.) with bloggers and all other online earners who have not access to this best online money transaction service because their country is not listed in partnership with them. In meeting we found multiple of reasons, out of which some are funny and some are solid ones. But in last i picked four main basic points which i think may be same for each country in which PayPal service is not available, which I'm going to share with you Pals:

1. Banking System is Not Online:

The one of the Solid cause is that Pakistani Banking system does not work online means ATM, credit/Debit cards are not enough to make any bank online. As, we know that PayPal required online banking system for withdraw the money and there is no bank in Pakistan who work like that. May be Standard Chartered but i believe it does not have feature to receive money online from 3rd party. the bank system is under progress So, i hope under 1-2 years it will start providing basic facilities.


2. Lack of Users:

Majority of population of Pakistan is related to agriculture business and live in villages or under development cities. and the rest of them are doing conventional jobs. So, there is a very little amount of people who use internet for blogging or earn money, that's why there are so many less number of people who need PayPal account. If we compare it with India, there are still more uneducated people than Pakistan, but the thing which allows them to get partnership with Paypal is there large number of users who willing to get online account, because of high population. And there is no doubt that now India is doing a great work in IT field.  

3. Online Market:

As compare to other countries Pakistan has very limited number of online shops in online market, and those who are in working are operate from outside. 

4. Currency Value:

Pakistan currency value does not have a great value as others in world so, that's why it is not accepted in many countries. Some of you think that Indian currency value is same or less as Pakistani, but the reality is that there currency is accepted almost everywhere (good foreign relation is quite useful in this sense). That's the solid reason that they Paypal facility. 

So, these are the reasons which me and my friends especially Muhammad Ahmad (He is awesome Webmaster and owner of 3 sites) found behind fact of nonavailability of Paypal account online transaction facility. But, don't give up, focus on your online work and blogging, and and try to provide best quality to your readers. And you can use some best alternative of Paypal like Payza.com, MoneyBookers.com, etc. Hopefully we will get it soon or otherwise surely we make any alternative of it. 

In next post i will try to also share the tricks and tips by which how you can create and use Paypal account from Pakistan or from other unlisted countries.

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