Jingoism

Tag: bangladesh

Payoneer No Longer available in Pakistan

by on May.05, 2010, under Criticism, E-Banking, Pakistan, World

Somebody just shared the following post on the facebook.

http://ehelper.info/payoneer-no-longer-available-in-pakistan-–-change-in-regulations/comment-page-1

I couldn’t stop myself clarifying this as per my little experience. This is indeed very depressing but things aren’t similar to what has been shown in that post.

I have been into the e-payment industry for about 3 years now which is being regulated by a dedicated E-Banking Team of State Bank of Pakistan(SBP). SBP, being one of the best and strict regulatory body of the world, keeps a very strong eye on these financial institutes.

I won’t disclose the names but yes, AML has been working with different financial institutes to incorporate processes that can eliminate the money laundering activities. SBP has been quite vigilant about the movement of funds and has been working with AML to avoid fraudulent transactions.

A country where almost all famous intl. payment services (like paypal) are avoiding to serve. This could be another discriminative step by US Govt as currently a great deal of freelancers were accepting through payoneer card. This would affect masses and eventually benefit the other freelancers in this region including India & Bangladesh.

Instead of protesting against the current govt. raise your voice to bycott American influence and their products. Hit them the way they are hitting us! They aren’t our friends neither can think good for us!

This is just an eye-opener.

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