babushka99
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@KAR Again, absolutely incorrect information. I would refrain from posting anything of which you do not have first-hand, authentic / prior information of please.
@Amin Lalani What stops you from going ahead and making one?
@m8rp7m3p1 Yes Banks (local) are not an issue. The purchasing arrangement within the PayPal ecosystem has nothing to do with the local banks and what they charge for transfer fees. Fraud transactions protection for transactions made on the Internet (by Pakistani Banks) have no corrélation for PayPal to enter Pakistani market.
@Amin Lalani So let me amplify that argument: So here is the answer to your question. There are people (read: organisations and start-ups working with the financial sector) who "are" working on a localised (Pakistan only) payment systems. It is high-time a localised payment system was put into play, enabling P2P payments on the digital front. It would be fair to say, such a payment system would be rolled out sometime in 2013. This would be both a payment gateway for online transactions as well as P2P payments, tied to your favourite payment instrument of choice (can be ATM card, credit/debit card, POS Loading, etc.). However, having said that, the traction, market size and eco-system of everything connected to PayPal cannot be match by anyone at present. PayPal is a giant when it comes to trusted P2P system. Its like Gmail being offered in every country, except Pakistan. How would you feel? Pretty bad right? Well Gmail might not be a strong enough example per se, but imagine if Google search was everywhere but Pakistan, that would annoy you? Now would you want to develop you own global search engine or expect Google to come here? I would hope the latter. Besides EVEN IF you did make a payment system, how will that help you when it comes to others, outside Pakistan. Will they adopt "your" payment system to pay you? Of course not. Will your system become so strong that it will be adopted by millions worldwide? Probable, but probably not going to happen in this lifetime (there are other more stronger P2P payment candidates out there). There is nothing stopping us for hatching a homegrown payment system. The two issues should NOT be confused. My main goal is to have PayPal and Paypal specific by name and service here in Pakistan. That is what the effort is all about and in as such, this effort and that of any other payment system should not be mixed and moulded into a single effort. AliPay is HUGE, with over 500+ Million registered users, except that most have not heard of it - AliPay is a P2P payment system like PayPal and operates out of China. They are a serious competitor to PayPal but have not been able to dislodge the trust, the brand and the eco-system of PayPal. Put any person in front of a white board for a couple fo hours and they will hash out a payment system. Brand recognition, traction, eco-system, partners, users, availability, etc. are things that make a payment system successful. For the past 12 years, no one has been able to seriously dent PayPal's dominance in the P2P market.
@AhmedJabran Ahmed I agree with everything you say, but equally there is a rebuttal argument for anything against PayPal in Pakistan. A lot of people have joined this effort, within and outside Paypal. Hopefully, some movement will happen.
@TahirQureshi Tahir - well lets make them care. As long as it takes and the effort that goes with it. Lets do something about it and just not give up!
@MuhammadUmair So here is the answer to your question. Their are people (read: organisations) who are working on a localised (Pakistan only) payment system. It is high-time a localised payment system was put into play, enabling P2P payments on the digital front. It would be fair to say, such a payment system would be rolled out sometime in 2013. This would be both a payment gateway for online transactions as well as P2P payments, tied to your favorite payment instrument of choice (can be ATM, credit/debit card, etc.).
However, having said that, the traction, market size and eco-system of everything connected to PayPal cannot be match by anyone at present. Its like Gmail being offered in every country, except Pakistan. How would you feel? Pretty bad right? Well Gmail might not be a worthy example per se, but imagine if Google search was everywhere but Pakistan, that would annoy you? Now would you want to develop you own global search engine or expect Google to come here?
There is nothing stopping us for hatching a homegrown payment system. The two issues should not be confused. My main goal is to have PayPal and Paypal specific by name here in Pakistan. That is what the effort is all about.
@UmairNayyarKhan It is not my purview to speculate on what tools/analysis PayPal uses to enter a market or not. I am sure if probed, Rwanda and Somalia's PEST would be worse off than Pakistan. FYI: PayPal does not operate in Bangladesh either, I am sure the reasons differ.
@KarimJaved This is ABSOLUTELY incorrect information. SBP has actually informally been probing and building up a case, to "enable" PayPal to work in Pakistan. SBP is NOT the hinderance here. In fact, there is no hinderance from a technology, connectivity, regulatory or even a legal/compliance angle. There is no responsibly that SBP has to take. SBP is a regulator. It works with banks and regulates them.
@Muhammad Omer Because I have a common friend, who is doing the intro. The same has been emailed to Mr. Marcus as well. I am very confident, he will read it.
@OsamaRasheed Whilst I respect your views on the given subject, the issue is not of begging them (as I see it). If there is genuinely holding PayPal back, then it becomes our fiduciary (if you will as a citizen) to have this resolved. The goal is to enable greater PayPal access for Pakistan, as opposed to circumventing the process.
@jfatehi Hmm Term limits is something certainly interesting. Actually the Constitution of Pakistan makes a detailed case on the factors and requirements on holding the office of the President of Pakistan. Perhaps we should use the same to extend to other branches of Government.
Personally I think, a new Constitution is needed.
drawab square itself is not coming to PK, a competitor is here. Email me directly if you want to sign-up - will get a kit out to you.
drawab Keep a watch out, its coming to Pakistan... very soon. Trial already happening, however, I will not disclose publicly.
found a pre-compiled version - works great. just tried it - http://gimp.lisanet.de/Website/Download.html
Is GIMP install on the Mac native? or it is a hack?
@drawab I had no say in that unfortunately! :)
zulfishah iFaqeer Well said. No need to doubt your credentials or motives. I am sure if a campaign it put in long enough from 'all' quarters, some good will come out of it. I don't make a half-empty statement here. I have communicated with some people from PayPal, others who have talked to them and many more countless people associated in this. We definitely have country risk issue which we need to take care of.