Pakistan soon to have its own PayPal-Like International Payment Gateway

The information has been shared with the federal Cabinet in a recent meeting when the performance of the NITB came under discussion.

Pakistan paypal

The State Bank of Pakistan has given permission to establish an international payment gateway to monitor payments, through the National Information Technology Board (NITB).

The information was shared with the federal Cabinet in a recent meeting when the performance of the NITB came under discussion.

During the cabinet meeting, a question was raised on the status of two projects, the Anti-Money Laundering project, and the International Payment Gateway. It was notified that the International Payment Gateway was delayed, as the State Bank of Pakistan had not provided the compliance matrix.

However, permission from the central bank has now been received, and, accordingly, the work on the project has been initiated.

The Chief Executive Officer of The NITB, Shabahat Ali Shah, gave a presentation to the Cabinet on the organization’s performance. He said that a couple of Ordinances regarding revamping the NITB Charter and data nervous system have deteriorated, whereas some other legislation is stuck at different levels.

During discussions some of the members were of the view that instead of incorporating the IT services, Ministries should establish in-house expertise, according to their particular requirements.

The challenge of switching the mindset to adopt e-governance was also highlighted in the meeting.

However, the need to improve the efficiency of the system was emphasized by every member of the Cabinet.

The members also highlighted that IT reforms should percolate down below to the lowest layer of each department to obtain the needed results of digitization. It was further suggested that the NITB has focused on paperless actions rather than focusing on E-governance.

What are your thoughts about this? Share in the comment section below.

  • This is huge, allah kamyabi dain aur quickly isko implement kry taky bht sary freelancers aur companies ko iska faida ho jo USD etc. me payments lety h.

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