MAKE MONEY ONLINE

Paypal is the most widely used payment system on the Internet. This will be useful for sending and receiving money between individuals and businesses worldwide. Do you know there is no paypal service in Pakistan? Can you believe it? Although there are numerous speculations about this fact, you can only pin point the reasons only if you work in Paypal. But following are the top most reasons why paypal is not supporting Pakistan-

1. No International Bank Account Number

Paypal requires International Bank Account Number (IBAN)for each and every transaction. But 98% of the bank accounts in Pakistan don’t have IBAN number. Only 2% or may be less are using foreign currency accounts which have IBAN .

2. Stringent Laws in Pakistan

In TOS of Paypal, it clearly explains that the paypal supporting country should allow the member to send and receive money from all countries of this world. But the laws of Pakistan clearly suggest that Pakistan does not recognize Israel as state. Nobody can do direct transaction with this country. Moreover, the same scenario is noticed among the countries like Syria ,Iran, and Iraq because these countries would consider Israel as a country for smooth transaction.

3. Low Patronage To Local Banks by the Peoples of Pakistan

If more people are going to use paypal, nobody will turn their head towards local bank. So there would be a big blow to these local banks. They will end up in loss. So they are objecting paypal in Pakistan.

4. Low Subscriber Base

Paypal won’t support the country which is having low subscribers rate. So countries that paypal is not supporting don’t count for them anything.

Then, how a pakistan web owner can draw money. They can use Moneybookers or scriptlance also. In scriptlance, they can withdraw money directly to their bank account. Please click here to get more info.

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