History of PayPal
In 2019, one American company that remained in the limelight in Pakistan was PayPal. PayPal declined the Pakistani Government offer to initiate its services in Pakistan.
The question is why the Pakistani Government wants PayPal to start its services in Pakistan. To find the answer to that question, you can look at some of the stats related to freelancers and SMEs (small and medium).
Pakistan is the world’s fourth-largest group of freelancers. According to an estimate of Payoneer, the Pakistani freelance community brings about $1 billion to Pakistan via other sources.
According to one estimate, Pakistan has around 200,000 freelancers and over 7,000 registered SMEs (small and medium). If you look at stats, you will see that a lot of people can use the services of PayPal.
What is PayPal?
PayPal is an American company which provides online payment system to people worldwide. PayPal enables you to pay, send money, and accept payments online. PayPal charges a fee in exchange for their services like one-click transactions and password memory.
PayPal is one of the most secure and fastest ways to send and receive money online. PayPal provides its services in 202 markets, and it has 286 million active registered accounts. You can send, receive, and hold funds in 25 currencies worldwide if you have a PayPal account.
PayPal was established in December 1998 as Confinity. In March 2000, Confinity was merged with X.com. Elon Musk founded X.com, which later changed its name to PayPal in 2001. You can use PayPal on your smartphone. The PayPal app is available both in android and IOS.
Benefits of Using PayPal
PayPal is a fast and straightforward way to send, receive money, and buy things online. On many websites, you will see PayPal as the preferred method of payment. There are several benefits of PayPal, and some of it is given below:
PayPal allows its members to make an instant transfer of money. PayPal members can transfer money from PayPal accounts to bank accounts in less than 24 hours.
PayPal transaction fee is also low and affordable for many people.
3. Safe Buying
PayPal members offer guarantees to buyers and sellers as well. They have a process for disputed transactions, so a buyer won’t have to worry when they did not get what they have ordered.
4. Account Privacy
PayPal gives users protection and provides a much better level of account protection as compared to competitors.
5. Ease of Record Keeping
PayPal members can easily keep track of all the transactions.
6. Acceptance Online
Most e-commerce websites use PayPal as their payment method. So members of PayPal can easily shop on these websites.
7. Flexibility for Sellers
PayPal enables sellers to accept payments from buyers quickly and easily.
Why International E-commerce players and Freelancers need PayPal?
We all know that Pakistan E-commerce and the freelance market has enormous potential. Small companies in cities like Sialkot and Faisalabad have the potential to set up their brands online and sell their products internationally. All international customers trust PayPal, and PayPal’s research shows precisely that.
With PayPal as your payment gateway can increase sales of your e-commerce website by up to 50 percent. Trust is one of the essential factors in e-commerce and freelancing.
With PayPal, our people can get more business from international customers due to the trust factor in PayPal. People who are running their e-commerce websites and getting work from sites like Fiverr, Upwork and People per hour use the accounts of their relatives who are living abroad. With PayPal, they can easily receive payments from international clients.
PayPal Account in Pakistan
We are providing verified PayPal accounts in Pakistan at very affordable prices. If you want to have your own PayPal account for payments or personal purchases. Or PayPal is the first thing you need to get orders from other countries if you work as a freelancer. However, all the main independent sites, Odesk, and freelancers accept PayPal as a means of payment.
How does the PayPal account work?
Our service is based on creating a PayPal account with all the information you provide us, and then proceed with the link of a VISA credit card and verify it using the PayPal credit/debit card confirmation method.
After creating it with the data you gave us, adding the card and verifying it, we will proceed to send you all the information of the account to the email address that you indicate.
We work with a company that is associated with VISA, which we can create and manage moderate budget cards of Credit with balance Real, which are what we use to verify the accounts that they believe all our customers.
What are the Accounts Available Now?
We have personal, and Business PayPal accounts, for your transactions, for freelancers to use us to send and receive payments, or you can also purchase from different websites using this account.
Where and what is Pakistan ‘A Personal PayPal account?
- You can pay to buy software or services on many websites like Fiverr, PeoplePerHour, Upwork.
- You can receive your earned money on authentic websites like Fiverr and Upwork
- Send payments directly to PayPal email, sending payments to freelancers for private services.
- Receive direct PayPal payments from your PayPal account to your PayPal account.
- You can pay for domains and hosting on many websites like NameCheap.com, Name.com, Internets, and many more.
- Buy eBay products in Pakistan using this PayPal account (but limited to less than $ 300-400 only)
- Buy Skype Credit
- Pay your subscription fees to any website
- Send payments to your publisher
- Pay easily on Udemy, to buy the Udemy course in Pakistan
- The monthly limit is $ 1,000, and you can receive $ 1,000 and spend $ 1,000.
- You can make minimum or maximum transactions of any amount up to the limit of $ 600, and there is no limit on the number of transactions, the total amount of transactions cannot exceed $ 1000 / month.
What can you not do with Our Premium PayPal Services Account?
- You can attach it to eBay to sell products.
- You can associate this account with your website as a work account.
- You can use this account to receive payments for the sale of physical products such as martial arts products, surgical products, or any other type of physical product.
- You can send more than $ 600 in a single transaction, if you want to send more than $ 600, use our services, here
- You can use this account to bet on websites
PayPal account Features
- The account in your name.
- Use your Pakistan account using local internet
- Account verified at 100%
- Easily view transactions sent and received.
- Pay subscription payment on any website, automatic payments.
- The account is based in Malaysia.