{"id":69303,"date":"2020-08-17T15:52:19","date_gmt":"2020-08-17T10:52:19","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=69303"},"modified":"2020-08-17T17:16:32","modified_gmt":"2020-08-17T12:16:32","slug":"state-bank-introduces-international-payment-system-local-companies-freelancers","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html","title":{"rendered":"State Bank introduces int&#8217;l payment system for local companies, freelancers"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Islamabad: The State Bank of Pakistan (SBP) on Thursday introduced an international payment system for local companies and freelancers to conduct transactions for obtaining advertisement and e-commerce services, a news source reported.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/nitb-monitor-remittances-international-payment-gateway-facility.html\" target=\"_blank\" rel=\"noreferrer noopener\">NITB to monitor remittances through international payment gateway facility<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Using the international payment system, local companies and freelancers would be able to make payments worth USD 200,000 or equivalent in other currencies via authorised dealers. This payment limit would be applicable on commercial payments to digital service provider companies on an annual basis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">SBP categorised authorised dealers as commercial banks, exchanges, and money transfer services. The central bank further revealed that out of the total annual limit, a maximum amount of USD 25,000 could be remitted to digital service providers others than those approved. Interested individuals can find the complete list of approved digital service providers for this service on SBP\u2019s official website.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/ecc-enhances-sbps-authorisation-limit-overseas-investments.html\" target=\"_blank\" rel=\"noreferrer noopener\">ECC enhances SBP\u2019s authorisation limit for overseas investments<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sources have revealed that local companies and freelancers use the services of these digital platforms for marketing and communications, along with acquiring online education courses and skills. They added that the payments via the new system would be documented and traceable.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The State Bank of Pakistan (SBP) on Thursday introduced an international payment system for local companies and freelancers to conduct transactions for obtaining advertisement and e-commerce services, a news source reported. Read: NITB to monitor remittances through international payment gateway facility Using the international payment system, local companies and freelancers would be able to make payments worth USD 200,000 or equivalent in other currencies via authorised dealers. This payment limit would be applicable on commercial payments to digital service provider companies on an annual basis. SBP categorised authorised dealers as commercial banks, exchanges, and money transfer services. The central bank further revealed that out of the total annual limit, a maximum amount of USD 25,000 could be remitted to digital service providers others than those approved. Interested individuals can find the complete list of approved digital service providers for this service on SBP\u2019s official website. Read: ECC enhances SBP\u2019s authorisation limit for overseas investments Sources have revealed that local companies and freelancers use the services of these digital platforms for marketing and communications, along with acquiring online education courses and skills. They added that the payments via the new system would be documented and traceable.<\/p>\n","protected":false},"author":68,"featured_media":60606,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012],"tags":[37086],"persona":[],"class_list":["post-69303","post","type-post","status-publish","format-standard","has-post-thumbnail","category-allied-industries","tag-details-on-state-bank-introduces-international-payment-system-for-local-companies-freelancers","cat-15012-id"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>International payment system for local companies - Zameen News<\/title>\n<meta name=\"description\" content=\"SBP on Thursday introduced an international payment system for local companies and freelancers for transactions on advertisement &amp; e-commerce services.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"International payment system for local companies - Zameen News\" \/>\n<meta property=\"og:description\" content=\"SBP on Thursday introduced an international payment system for local companies and freelancers for transactions on advertisement &amp; e-commerce services.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-17T10:52:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-08-17T12:16:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/SBP.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Safina Sultan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Safina Sultan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"International payment system for local companies - Zameen News","description":"SBP on Thursday introduced an international payment system for local companies and freelancers for transactions on advertisement & e-commerce services.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html","og_locale":"en_US","og_type":"article","og_title":"International payment system for local companies - Zameen News","og_description":"SBP on Thursday introduced an international payment system for local companies and freelancers for transactions on advertisement & e-commerce services.","og_url":"https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2020-08-17T10:52:19+00:00","article_modified_time":"2020-08-17T12:16:32+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/SBP.jpg","type":"image\/jpeg"}],"author":"Safina Sultan","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Safina Sultan","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html"},"author":{"name":"Safina Sultan","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/ff608d44a56cbbbf67cabd215a3a4ca8"},"headline":"State Bank introduces int&#8217;l payment system for local companies, freelancers","datePublished":"2020-08-17T10:52:19+00:00","dateModified":"2020-08-17T12:16:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html"},"wordCount":207,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/SBP.jpg","keywords":["details on State Bank introduces international payment system for local companies &amp; freelancers"],"articleSection":["Allied Industries"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html","url":"https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html","name":"International payment system for local companies - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/SBP.jpg","datePublished":"2020-08-17T10:52:19+00:00","dateModified":"2020-08-17T12:16:32+00:00","description":"SBP on Thursday introduced an international payment system for local companies and freelancers for transactions on advertisement & e-commerce services.","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/SBP.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/SBP.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"State Bank introduces int&#8217;l payment system for local companies, freelancers"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/ff608d44a56cbbbf67cabd215a3a4ca8","name":"Safina Sultan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/41ef23ce0eab3597842e7f43d50bc919f73ac1f4e11afa5f19ca36f6e55f832f?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/41ef23ce0eab3597842e7f43d50bc919f73ac1f4e11afa5f19ca36f6e55f832f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/41ef23ce0eab3597842e7f43d50bc919f73ac1f4e11afa5f19ca36f6e55f832f?s=96&d=mm&r=g","caption":"Safina Sultan"},"description":"Safina Sultan is a Content Developer at Zameen.com.","url":"https:\/\/www.zameen.com\/news\/author\/safina"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/69303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/68"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=69303"}],"version-history":[{"count":3,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/69303\/revisions"}],"predecessor-version":[{"id":69315,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/69303\/revisions\/69315"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/60606"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=69303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=69303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=69303"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=69303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}