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Pakistanis wait anxiously as Google apps’ old payment system not yet restored

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  • Google yet to restore downloading of purchased apps for Pakistan customers.
  • Old payment system to take five to 10 days to get restored, says govt official.
  • Credit/debit card payments available in the meanwhile.

ISLAMABAD: Google has not yet reinstated the downloading of purchased applications through mobile operators in Pakistan. However, paid applications can be bought through credit or debit card payment. 

The direct carrier billing (DCB) mechanism for downloading Google-purchased applications via mobile phones for one month has not been restored despite the government’s instructions to the State Bank of Pakistan (SBP)The News reported. 

The system will get restored within five to 10 days as payments that are stuck will be made through designated bank and it takes a while to process, the publication reported.

A government official said Minister for Information Technology and Telecom Syed Aminul Haque was supposed to contact SAPM on Finance Tariq Bajwa on Friday and request him to expedite the process of restoring the DCB mechanism as soon as possible because customers have been “anxiously awaiting the restoration of the old payment system”.

Some customers contacted this scribe and showed messages received by them stating in the instructions to add credit or debit card information for downloading Google-purchased applications

The government official said that they expect the old payment system to be restored within a seven to 10-day period. He added that Google had already announced that the purchased application could be downloaded through a credit/debit card from Dec 1, 2022, so the decision was implemented for Pakistani customers.

The government will now have to implement its orders for restoring the DCB payment, allowing mobile operators to pay for downloading purchased apps with the amount from balances on their mobile phones.

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In January 2025, RDA inflows reach 9.564 billion USD.

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Remittances under the Roshan Digital Account (RDA) increased from US $9.342 billion at the end of 2024 to US $9.564 billion by the end of January 2025.

The most recent data issued by the State Bank of Pakistan (SBP) revealed that remittance inflows in January totaled US$222 million, compared to US$203 million in December and US$186 million in November 2024.

Millions of Non-Resident Pakistanis (NRPs), including those who own a Non-Resident Pakistan Origin Card (POC), desire to engage in banking, payment, and investing activities in Pakistan using these accounts, which offer cutting-edge banking options.

Nearly 778,697 accounts were registered under the scheme by the end of January 2025, according to the data.

By the end of January, foreign-born Pakistanis had contributed US $59 million to Roshan Equity Investment, US $479 million to Naya Pakistan Certificates, and US $799 to Naya Pakistan Islamic Certificates.

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FBR lowers Karachi’s built-up structure property valuation rates

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A year-by-year breakdown of the depreciation value of residential and commercial built-up properties is included in the updated property valuation rates for Karachi that the FBR has announced.

The notification said that built-up structural values on residential property will be gradually reduced.

A residential home’s built-up structure, which is five to ten years old, will lose five percent of its worth.

In a similar vein, constructions between the ages of 10 and 15 will lose 7.5% of their value, while those between the ages of 15 and 25 would lose 10%. Built-up structures that are more than 25 years old will be valued similarly to an open plot.

Furthermore, age will also be used to lower the valuation of built-up properties, such as apartments and flats.

Structures that are five to ten years old will depreciate by ten percent, while those that are ten to twenty years old will depreciate by twenty percent. A 30% depreciation will be applied to properties that are 20 to 30 years old, while a 50% reduction will be applied to those that are above 30 years old.

In terms of commercial built-up properties, buildings that are 10 to 15 years old will lose 5% of their value, while those that are 15 to 25 years old will lose 8%. The value of properties that are more than 25 years old will drop by 10%.

In contrast, there would be a 15% boost in the value of commercial properties in the Defence Housing Authority (DHA) that face any Khayaban.

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Remittances Increase 25.2% in January 2025: $3.0 Billion Inflow

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Remittances from Pakistani workers totalled US$3.0 billion in January 2025, representing a 25.2% increase from the previous year.

The cumulative remittances for July through January of FY25 were 20.8 billion dollars, up 31.7 percent from 15.8 billion dollars during the same period in FY24.

In January 2025, the United States of America contributed 298.5 million dollars, the United Kingdom contributed 443.6 million dollars, the United Arab Emirates contributed 621.7 million dollars, and Saudi Arabia contributed 728.3 million dollars.

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