Minister of State for Information Technology and Telecommunication said that e-commerce and e-payment facilities are significant for economic development. According to Associated Press of Pakistan (APP), Anusha Rahman said that an opening between e-commerce websites and financial institutions is important for Pakistan and assured the support of the IT ministry to the industry.
“The IT ministry will continue supporting and facilitating e-commerce and e-payment gateway in Pakistan.”
Said Anusha Rahman at a meeting of the Inter-Ministerial Committee for launching the e-payment gateway in Pakistan.
PayPal, Amazon and eBay Could Soon Launch in Pakistan: Anusha
“E-commerce being a major component of economic development is a vital element of national economic policies across the globe.”
It is up to the government to provide the circumstances in which such a gateway can work properly.
“For successful establishment of an e-commerce gateway, a comprehensive e-commerce policy, comprising guidelines, rules and regulations along with dispute resolution and remedial mechanism for consumers, is a must.”
Anusha Rahman called on all investors to work together in generating e-commerce environment in Pakistan. After the State Bank of Pakistan (SBP) Payment System Operators and Payment System Providers, Anusha believes that the Ministry of Commerce should work in collaboration with international companies such as PayPal and Alibaba.
She also stated that Pakistan now justifies anti-money laundering and counter-terrorist financing requirements set by the Financial Action Task Force (FATF). The country was first on the organization’s grey list, which disallowed international tech companies from investing in Pakistan.
Now that Pakistan is considered safe for business, international tech giants such as PayPal, Amazon and eBay will be asked to start working in Pakistan. The initiative is part of government struggle to guarantee that information technology is used to drive economic growth and help the population of Pakistan.