The Pakistani market is experiencing a shift from traditional businesses towards e-commerce businesses that include online retailing, bill payment, shopping, and e-business. Over the past decade, Pakistan has experienced a significant increase in online payment systems that include mainly transferring and receiving payments via online means. Although the cash method is still dominant on the other hand people are more comfortable in conducting their everyday tasks while sitting on their desks as online means is more time saving and convenient. There are a number of platforms for online payments in Pakistan, some of them are listed below.
Easypaisa
This service initially started as transferring monetary
transactions from one medium to another. However, it gained popularity when it
was used to aid individuals in sending money who were working in one city to
another city, particularly their families in need of money. The cash
transactions that took days to be delivered, Easypaisa stepped in and
transformed the entire process into minutes.
HBL-Konnect
This service was introduced by HBL bank, it is basically an
application that provides users with a variety of services including discounts,
deals, and packages in restaurants or shopping. One of the best things about
this application is that it is very easy to use and understand and reliable in
terms of security.
Jazz Cash
Jazz cash is also known as MobiCash is a digital payment system
that helps people use online means to pay bills, shop online or transfer
money. Many companies in Pakistan are using the services of Jazz cash to
conduct their everyday transactions and payments. This speeds up their operations
and saves time.
MCB Debit card
Just like Jazz cash and easy paisa, the MCB Debit card is a digital payment system that provides security and helps individuals and companies carry out their transactions online. In addition to this, it also provides customers with different packages.
This article produced by Ayesha Saeed, one of the contributors to the SOL Community.
