The reasons for which PAYPAL is inactive in Pakistan are
Regulations of State Bank
Certain rules and regulations laid by State Bank are unimaginable which made it tough for PayPal to land in Pakistan even though it tried to sort out things with Ministry of IT, Pakistan but things didnât favored PayPal. The bureaucracy put little commitment to get things done right.
High Internet Fraud Ratio
Pakistan stands high on the Internet High Fraud Ratio that is main reason for PayPal to withdraw their services in spite of being having a registered domain paypal.pk specifically for Pakistan.
Local Pakistani laws
The indifferences between the PayPal organizations policies and some of the laws of Pakistani government donât meet end to end. Neither of them agrees to take a step down and merge down as one to continue.
High raised rumor
A very popular rumor which pretends people of Pakistan to force itâs government to bend down or which can shake the PayPal office so that it can start itâs operations in the country is that people here believe that PayPal is a registered company and Israel and Pakistan cannot agree upon the Identity of Israel but in reality PayPal is a US based firm currently owned by eBay
Credit card fraud ratio/Suspicious credit cards
As the PayPal suggests, demands you to collaborate your credit card details with the PayPal account for smooth operations, the credit card fraud ratio is a bit high in the country.
Visa Cards
Until now Visa is not fully operational in Pakistan. The Visa Inc. has launched Visa Debit Card through UBL Bank as late as in November 2008, which is the first prepaid visa debit card in Pakistan.
Terrorism related Issues
PayPal is a complex system of eTransactions and companies like PayPal needs a very stable environment at least if not stable then just âacceptableâ environment which one does not see unfortunately in Pakistan now.
Hacking and cracking
Ethical hacking and cracking practices are high in Pakistan and when the PayPal registered itâs domain for Pakistan i.e. in 2006 the practice was at its best in Asian countries including Pakistan. The PayPal cannot keep on repaying money to all those who claim there passwords are cracked or their accounts are hacked. If a PayPal account is ever operated from Pakistanâs IPs PayPal immediately freezes such an account.
Addressing issues
For withdrawals PayPal offers two possibilities cheque facility and bank transfer. For the check facility the PayPal required an address not more than 35 characters which is a problem with Pakistan as peopleâs name itself sometimes are more than 35 characters.
