日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Chinese firm to offer online payment in Pakistan by year-end

Xinhua | Updated: 2018-08-16 16:39
Share
Share - WeChat
A Chinese netizen browses the website of third-party payment service Alipay, the mobile payment service of Chinese e-commerce giant Alibaba's Ant Financial, on his computer in Ji'nan city, East China's Shandong province, on June 30, 2018. [Photo/IC]

ISLAMABAD - Chinese company Alipay will start offering its online payment services in Pakistan by the end of this year, local media reported on Wednesday.

Alibaba's Ant Financial had announced in March this year that it would purchase 45 percent stakes in Pakistan's Telenor Microfinance Bank (TMB), which is a subsidiary of the Telenor Group, at $184.5 million. The step was aimed at further developing Alibaba's mobile payment and digital financial services in Pakistan.

The Alibaba Group uses Alipay as its online payment platform and the Chinese e-commerce giant will commence its digital financial services in Pakistan by the end of this year, Chief Executive of Telenor Pakistan Irfan Wahab Khan, who is also a board member in the Telenor Microfinance Bank, told local media on Tuesday.

Alibaba is currently in the process of acquiring approval from the Pakistani banking sector regulator -State Bank of Pakistan - and the Competition Commission of Pakistan. The company will officially start its operations in Pakistan after the formal approval of the government organizations.

Alibaba is looking to tap Pakistan's mobile payment financial services sector in individuals as well as small and micro businesses.

China's biggest online shopping platform Alibaba also uses Alipay as the preferred method of transactions. A number of Pakistani individuals and businesses use Alibaba to order goods and products from China.

According to experts and analysts, the arrival of the international companies like Ant Financial is set to change the face of Pakistan's e-commerce sector.

They said Alipay, along with local tech firms, will provide a healthy competition in Pakistan's online payment sector.

According to a report by the State Bank of Pakistan, there were 1,094 locally registered e-commerce merchants in the country with their merchant accounts in eight local banks by the end of June 2018. Pakistani consumers carried out 3.4 million online transactions worth 18.7 billion Pakistani rupees ($153 million) during the fiscal year of 2017-18, it said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 精品一区二区三区在线视频 | 亚洲欧美日韩精品久久亚洲区色播 | 亚洲视频在线观看免费视频 | 国产成人久久精品二区三区牛 | 国产精品v欧美精品∨日韩 一级免费黄色免费片 | 女女女女bbbbbb毛片在线 | 国产精品手机在线观看 | 国产精品视频网 | 成人久久久 | 国产精品99久久久久久www | 噜噜狠狠| 99re在线观看| 久操不卡 | 91亚洲国产精品 | 亚洲偷| 国产成人精品999在线观看 | 亚洲欧美v国产一区二区 | 看一级毛片国产一级毛片 | 成年人福利| 香蕉视频在线观看视频 | 天天摸天天爽视频69视频 | 日韩不卡高清 | 久久久999 | 亚洲欧美v国产一区二区 | www午夜视频 | 韩国久久久久无码国产精品 | 99精品视频一区在线视频免费观看 | 成人综合在线观看 | 韩国福利影院 | 欧美一级α片 | av在线成人| 九一国产精品 | 香港免费毛片 | 日日摸夜夜摸人人嗷嗷叫 | 日本高清在线中文字幕网 | 日韩欧美国产一区二区 | 亚洲福利| 欧美一区二区三区四区五区 | 激情视频免费在线观看 | 精品一区精品二区 | 国内精品久久毛片一区二区 |