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Tag Archives: internet

Immense scope for e-commerce growth in Pakistan

  With a population of around 200 million individuals, Pakistan has the potential to become next major Internet market in terms of number of connected people in the next coming few years. According to one estimate, 9 percent of the country’s population goes online during last year while another 30 percent are likely to get connected to Internet in next three to five years. The trend to use Internet has …

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E-commerce in Pakistan: scope and challenges

  Electronic commerce or e-commerce is actually the business done through the Internet in the present era of modernization and technology. The rapidly growing usage of Internet is shifting the world towards the e-commerce. Phenomenal advancement in Information and Communication Technology (ICT) has not only brought a revolution in the life styles of the people but also in the business and marketing strategies of the people. Today, a company creates, …

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Pakistan’s internet-based businesses likely to grow very quickly, outpace other Asian nations

  ‘Emerging markets, like Pakistan, were my inspiration– not only their viability for business, but their people as well’ Interview with Mr. Paul Philipp Hermann — Co-founder, Managing Director of Lamudi Lamudi has expanded its operations in Asia to Pakistan, the Philippines, Indonesia and Sri Lanka before launching its operations in several parts of Asia, Africa and Latin America in October 2013. The company’s Asian operations were subsequently subject to …

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Mobile-money infrastructure taking roots in Pakistan

  Internet is the most fundamental enabler of economic and social development of the 21st century through which mobile banking refers to payment services operated under financial regulation and performed via mobile device. Now Instead of paying bills in cash, cheque, credit or debit cards, paying bills through mobile phone is a prompt facility. Mobile banking has gained momentum due to the innovative technology. According to GSMA (Global System for …

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Fast emerging and challenging banking technologies

Customer awareness should be increased to encourage use of ATM, credit cards and Internet banking Consumer financing has emerged out as one of most prolific aspects of banking in Pakistan. Consumer financing products include credit cards, personal loans, auto loans and housing mortgage. It not only contributes towards facilitating the life patterns of consumers, but it also proves to be a source of improvement for the image of banks. Banking …

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