Banking - PakWired https://pakwired.com/topic/banking/ PakWired is all about business, technology and startup culture. Mon, 02 Jan 2023 22:17:23 +0000 en-US hourly 1 https://pakwired.com/wp-content/uploads/2017/01/cropped-pakwired_icon-32x32.jpeg Banking - PakWired https://pakwired.com/topic/banking/ 32 32 PayPal Alternatives for Pakistani Freelancers  https://pakwired.com/paypal-alternatives-for-pakistani-freelancers/ https://pakwired.com/paypal-alternatives-for-pakistani-freelancers/#respond Thu, 11 Aug 2022 06:47:39 +0000 https://pakwired.com/?p=36594 What are the best PayPal alternatives for Pakistani freelancers? PayPal is one of the most widely recognized payment methods in the digital sphere. Thousands of freelancers and digital nomads use it to manage their online finances. Most ecommerce sites and...

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]]> https://pakwired.com/paypal-alternatives-for-pakistani-freelancers/feed/ 0 How to open an Easypaisa Account (Updated 2023) https://pakwired.com/how-to-open-an-easypaisa-account/ https://pakwired.com/how-to-open-an-easypaisa-account/#comments Wed, 11 Nov 2020 12:15:50 +0000 https://pakwired.com/?p=25881 Financial transactions of the day have met such convenience of operations which weren’t even imaginable in Pakistan a few years ago. Gone are the days when you’d have to travel to a certain bank to transfer funds to another account....

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]]> https://pakwired.com/how-to-open-an-easypaisa-account/feed/ 265 The What’s, Where’s, Why’s And How’s Of An Offshore Account https://pakwired.com/the-whats-wheres-whys-and-hows-of-an-offshore-account/ https://pakwired.com/the-whats-wheres-whys-and-hows-of-an-offshore-account/#respond Sat, 07 Dec 2019 02:41:14 +0000 https://pakwired.com/?p=32695 One doesn’t have to be a billionaire to open an offshore account. Neither opening an offshore account is illegal. The myths surrounding an offshore account are aplenty and here we will furnish the how’s, where’s, what’s and why’s related to...

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]]> https://pakwired.com/the-whats-wheres-whys-and-hows-of-an-offshore-account/feed/ 0 Guide: Overseas Pakistanis Can Now Operate Their Bank Accounts After Biometric Verification https://pakwired.com/guide-overseas-pakistanis-can-now-operate-their-bank-accounts-after-biometric-verification/ https://pakwired.com/guide-overseas-pakistanis-can-now-operate-their-bank-accounts-after-biometric-verification/#comments Thu, 24 Oct 2019 20:07:38 +0000 https://pakwired.com/?p=32652 Overseas Pakistanis cannot operate their bank accounts largely due to biometric verification. To provide ease to millions of expatriates, the State Bank of Pakistan (SBP) has issued guidelines for biometric verification. As a result, they would then be able to...

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]]> https://pakwired.com/guide-overseas-pakistanis-can-now-operate-their-bank-accounts-after-biometric-verification/feed/ 1 Pakistan’s New Age of Plastic Money And Digital Transactions https://pakwired.com/pakistans-age-of-digital-transactions/ https://pakwired.com/pakistans-age-of-digital-transactions/#comments Mon, 06 Nov 2017 13:05:58 +0000 https://pakwired.com/?p=29239 According to the latest annual performance review released by State Bank of Pakistan (SBP), the adoption of digital transactions in Pakistan has seen a 17% growth YoY during 2016-17. The credit for this largely goes to influx of mobile broadband...

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]]> https://pakwired.com/pakistans-age-of-digital-transactions/feed/ 1 Pakistan To Regulate Wages, Payments Via Cash To Become Illegal https://pakwired.com/pakistan-to-regulate-wages-as-a-law-very-soon/ https://pakwired.com/pakistan-to-regulate-wages-as-a-law-very-soon/#respond Mon, 06 Nov 2017 12:36:51 +0000 https://pakwired.com/?p=29280 To regulate the wages and to safeguard the labor rights in Pakistan, the Senate Standing Committee on Interior has passed the Payment of Wages (Amendment) Bill 2017. Once the bill is sanctioned, the employers would then be required to pay...

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]]> https://pakwired.com/pakistan-to-regulate-wages-as-a-law-very-soon/feed/ 0 FBR Introduces Withholding Tax Relaxations For Branchless Banking, Internet And Phone Usage https://pakwired.com/fbr-introduces-withholding-tax-relaxations/ https://pakwired.com/fbr-introduces-withholding-tax-relaxations/#respond Thu, 21 Sep 2017 14:03:09 +0000 https://pakwired.com/?p=27692 Exemption of withholding taxation to promote digital transactions According to a circular issued by Federal Board of Revenue (FBR), the withholding tax on cash withdrawals through branchless banking has been eliminated. This decision has been made to foster quicker and...

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]]> https://pakwired.com/fbr-introduces-withholding-tax-relaxations/feed/ 0 Bank Of China, Second Chinese Bank Initiates Operations In Pakistan https://pakwired.com/bank-of-china-initiates-operations-in-pakistan/ https://pakwired.com/bank-of-china-initiates-operations-in-pakistan/#respond Tue, 19 Sep 2017 08:50:49 +0000 https://pakwired.com/?p=27534 According to a statement issued by the State Bank of Pakistan (SBP), Bank of China has been granted permission to start banking operations in Pakistan. With this development, Bank of China has become the second Chinese bank to commence its...

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]]> https://pakwired.com/bank-of-china-initiates-operations-in-pakistan/feed/ 0 Google is Launching a Localized Mobile Payment Service: Google Tez https://pakwired.com/localized-mobile-payment-service-google-tez/ https://pakwired.com/localized-mobile-payment-service-google-tez/#respond Thu, 14 Sep 2017 10:47:08 +0000 https://pakwired.com/?p=27375 Google is on its way to launch a localized payment service in India, if report from the news site The Ken is to be believed. The local news platform claims that with this service supposed to launch on Monday, 18...

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]]> https://pakwired.com/localized-mobile-payment-service-google-tez/feed/ 0 Branchless Banking In Pakistan Has Increased by 95% This Quarter https://pakwired.com/branchless-banking-in-pakistan/ https://pakwired.com/branchless-banking-in-pakistan/#respond Fri, 08 Sep 2017 12:33:22 +0000 https://pakwired.com/?p=27208 The concept of branchless banking in Pakistan has been fairly recent, however, it is continually on the rise. According to the latest data released by the State Bank of Pakistan (SBP), the deposits in branchless banking accounts have amounted to...

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