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Pak-China Experts to Construct Better Digital Payment System

Beijing: “The Pakistani government is committed to the growth of e-commerce. China is the global leader in electronic commerce. Moin ul Haque, Pakistan’s ambassador to China, stated that the country’s $2 trillion in e-commerce transactions surpassed the combined total of e-commerce deals in the United States and Europe.

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China Economic Net claimed that COVID-19 is boosting the digital economy development of Belt and Road countries and that there is a growing need for digital payment services due to an increase in international trade.

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Wu Kai also emphasized the significance of the banking sector throughout the growth of the digital economy. Some Belt and Road nations lack suitable banking infrastructures at present. Our service is based on the idea that both payers and recipients have bank accounts.

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