Sadapay introduces international payment gateway in Pakistan

Local freelancers in Pakistan can now receive payments from global users like Google Pay and Apple Pay without any deductions through a fintech company’s gateway.

SadaPay, a subsidiary of the company registered in the Special Economic Zone of the Dubai International Financial Center, announced last week that freelancers will now be able to transfer funds to global users such as Google Pay and Apple Pay through SadaBizaAccount. Thus local freelancers are now connected to over seven hundred million mobile payment devices available globally.

According to details, the absence of a major global payment system in Pakistan made it difficult for the country’s freelancers to work with their global clients. Due to which freelancers had to pay 20 percent or more fees to receive funds from foreign countries. Along with this, freelancers were facing difficulties in finding jobs and delay in payment of funds was a big problem.

According to Omar Salimullah, Chief Operating Officer of SadaPay, the process introduced by his company is really simple. From which now a freelancer can create a payment link and send it to their client in seconds. Invoice payments can be made via MasterCard, Visa, Apple Pay, or Google Pay systems, and funds are deposited directly into the user’s wallet within two to three business days.

In this way, Pakistani freelancers will have direct access to millions of international clients and will be able to take advantage of payments at an exchange rate that will allow them to retain a larger portion of their income.

Interestingly, as a new trend Apple Pay has reached 550 million users compared to PayPal’s 450 million users and the volume of payments through Apple Pay has become four times that of PayPal.

However, some fintech experts have called for direct integration of international payment gateways with Pakistan’s banking system for real-time transactions, citing the limited acceptance of these gateways in Pakistan.