Author: pakistanbazar1

Overview Pakistan’s economy is still primarily unregulated and cash-based. Except for big purchases that call for a bank draught or pay order, most transactions are done in cash. According to several surveys, the majority of local businesses, especially SMEs, are undocumented and outside the tax net, making up to 60% of the GDP. Several government agencies have started providing services online. Four Pakistani airlines currently provide e-ticketing in the private sector, while virtually all regional banks provide online banking services. Given that Pakistan already has around 100 million Internet customers, and that number is anticipated to increase dramatically over the…