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SECP Start Summit 2024 Day 2 Part 1
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the whole world uses Pay Pal or such platforms to reconcile their payments. Its still not being used in Pakistan. Moreover the SBP still does not allow advance payments, who is willing to trade with our SME without payment of advances. This regulation limits any free lancers or small enterprises from transacting as they cannot conduct business on LC.
if we are far behind the rest of the World every metric based upon percentages will look good, that does not mean much to me as I can see how far we are.
everything he is trying to convince us of we already know, why doesnt he try to do this with his superiors who make policy this is the wrong audience
To enhance convenience and streamline transactions, I suggest implementing QR code payment solutions. This would allow consumers to simply scan and pay, making the checkout process faster, safer, and more efficient. It’s a great way for retailers to provide a modern and user-friendly experience, eliminating the need for cash or cards. A win-win for both retailers and customers!
all this is their own governance issues, highlighting their own performance, nothing has adressed the real issues for businesses
How is all this relevant to Pakistani entrepreneurs, we are facing real issues, not interested in you self serving perfomance presentation
awesome
SBP these pleasant presentations focussing on what you have been made to do, does not help our small enterprises in trading overseas.
Greatttt insights
Associate Lawyer | LLB, Commercial, IP, Civil Law | Miscellaneous Litigation.
1moGreatly appreciate the initiative of educating the businesses of pakistan in these crucial times and addressing some key issues and opportunities.