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Money transaction in Pakistan

By 

Mishal Shaheen

It is a time for online transactions in Pakistan. The days have gone when we had to deliver the money to bank accounts and wait for days for the payment to arrive. Now with the development of technology in the E-commerce and telecommunication sector, we have come up with the Following are the best ways for money transaction in Pakistan:

Easypaisa

So EasyPaisa is among the first transaction services to come up in Pakistan. Good news is, you do not even need a bank account for this. There are certain options to choose from. Just go to a shop and tell the sender and receiver’s ID card number (the national identity card number) and phone numbers of the sender and receiver is. The only problem that arises is that it requires some uncomfortable fee charges that boost up within a narrow range. This often becomes a hinderance and it is not easy on the pockets. This can be made a little better if we make easy paisa account.

Mobilink MicroFinance Bank

This is the latest update on Pakistan microfinance banking system. The problem of PayPal seems not such a big deal due its international home remittance system. Now you can collect money in your jazz cash app in PKR currency.

Jazz cash

With JazzCash app you can not only transact money, but you can also pay utility bills like K-electric. You can transfer money to a Mobilink Jazz Cash app or you can either transfer the money to a bank account. This is a good protocol for Pakistani nation.

Read impressive article on Services in Pakistan

Hopeful for the future

We are hopeful for the future as we know that recently Pakistan is on its way to be the first South Asian country to introduce 5G technology in Pakistan. Also our Telecommunication and Finance Ministers are taking under notice the availability of easy international remittance into Pakistan, in which, PayPal plays an important role. So we are hopeful for the future. Let’s see how fast we succeed at this.