“While PayPal itself is not coming to Pakistan, an agreement has been reached where remittances would be channeled through PayPal via a third party,” he said in a video message on Sunday.

It had been a longstanding demand of freelancers to have access to PayPal for easier payment receipt in Pakistan, he added.

“Under the newly devised programme, freelancers will not need to open a PayPal account. Instead, individuals outside the country will make payments from their PayPal accounts, and the funds will be promptly deposited into the freelancers’ accounts,” Dr Saif stated.

Read: How do I earn money online in Pakistan?

PayPal, which operates a worldwide online payment system that supports online money transfers, will ease the process of receiving money for over one million freelancers in the country.

The American multinational financial technology company is operating in as many as 190 markets of the world.