Top 5 Payment Gateways in Pakistan

Now a days PayPal is an awesome & most popular international payment method that can be used online effectively by freelancers and businesses to send/receive payments for small and large companies. It is the most widely used payment method all over the world. But unfortunately, at this time PayPal do not support Pakistan and many other countries.

If you are from Pakistan or any other non supported country, you cannot send/receive payments through PayPal, the most unfortunate and frustrating thing is that you cannot even pay using credit card if merchant is only accepting PayPal.

Leaving all the sour discussion why PayPal is not available in Pakistan either because of lame policies of State Bank of Pakistan or because of high fraud rate, whatever it is I’m going to discuss few PayPal alternatives those can help you survive and in some cases thrive online.

Payoneer.com: Payoneer gives you a Master Debit Card. Funds can be withdrawn from ATMs, in Pakistan Payoneer card can be used at MNet ATMs (MCB, Standard Chartered and Citi Bank).Your clients can load money to your card using credit cards and US ACH. With Payoneer you can also accept ACH. Low monthly maintenance fee and fast availability of funds makes it an ideal choice

2CO :- 2CO or 2Chekcout is a long standing and respectable payment solution. Lots of websites on the Internet use it including some Pakistani sites. You can accept PayPal payments using 2CO. 2CO has a handy feature of “customer invoicing”. You can send invoices to your clients by email. 2CO also offers Payoneer Master card, you can withdraw funds from 2CO using Payoneer Master Card or through check/wire transfer to your bank account.

The downside of 2CO is that you have to pay $50 sign up fee and its difficult (almost not possible) to implement one 2CO account on multiple sites. Also you cannot sell many products using 2CO including web hosting.

Skrill.com:-Skrill can be used for receiving and sending funds (person to person and person to business transfers). Skrill can wire you internationally, you can receive funds in MCB, Askri Bank and UBL in 3 – 4 days.

Payza.com:-Payza can be used for receiving payments from clients. It is a Payment Processor that is mainly used by Paid To Click (PTC), Paid To Read (PTR) and High Yield Investment Program (HYIP) type sites…And more recently for multiple large business and financial transactions across Europe and Asia.

CCNow :- CCNow is a merchant account (credit card processor) that also accepts PayPal payments, same as 2CO. You can get start accepting payments with CCNow for only $10. You can withdraw money via Check, Bank Wire and Bank Transfer.