Mobile phone users can continue to download apps from the Google Play store, but their phone balances have been cut after the State Bank of Pakistan (SBP) reportedly suspended $34 million in payments to international service providers such as Google. can no longer be used to pay for apps. A carrier billing (DCB) service provided by a telephone company.
Local media have been pushing headlines that Google will suspend all Play Store services on December 1, 2022 due to SBP measures, but this is not entirely true. Users can download the app, but cannot pay with anything other than a debit or credit card.
Another option for such payment is carrier billing (DCB). This includes payments using your mobile balance. DCB exists because there is no international digital payment method that can be used to pay for various apps.
By linking carrier billing to the Google Play store, freelancers will also be able to pay for some of the tools and apps that help them get their job done, said Telenor’s senior information and communications technology regulatory expert. , former chief executive and strategy officer Aslam Hayat told Profit.
These apps do not have a physical presence in Pakistan, so payment by other means such as vouchers or cash is not possible. User can pay using Mastercard or Visa credit/debit card or his DCB. Not all mobile phone customers have credit or debit cards, so DCB is a convenient service for them.
With direct carrier billing, the mobile phone customer pays for the app through a balance with their respective carrier, and the carrier charges the app, either directly or through an intermediary, after a mutually agreed number of days. Send the amount.
It is this aggregated payment from telcos to international service providers like Google that SBP reportedly does not currently allow for remittances.
Aslam said the move to block payments under the DCB will not only affect telco data usage in the case of games and entertainment apps, but also negatively affect freelancers.
An estimated $60 million is paid annually by carriers using DCB and other digital services, according to officials at one of the major carriers.
However, official sources say the telco’s approval for direct billing to carriers was never revoked, and they were asked to reclassify such payments. The payments will be made under certain foreign exchange rules and through designated banks, sources told Profit.
Activities for which payments can be made were identified in the Forex Manual. The telco has started paying for apps under his DCB, and has also started paying for broader IT service categories, sources said. At that time, SBP notified the bank to stop paying for the app under DCB and re-designate it into the appropriate category.
Payments for broader IT services are made under various rules. Payments for entertainment apps and gaming apps are made under different rules. The payments were never reversed, they were only asked to be redesignated, the sources said.
However, it should be noted that the SBP uses regulatory nuances to block the outflow of dollars from the country. When luxury goods were banned, LCs on importing raw materials for the mobile phone manufacturing industry were not blocked, but the SBP began delaying approval to open LCs.
The mention sources can contact us to remove/changing this article
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]
- Respected Analyst Is ‘Positive’, Apple Will Launch Foldable iPad Next Year
- Full list of games, schedule, location, when and where to watch
- MusicLM: Google’s new AI tool can turn text, whistle and hum into real music
- Lecanemab for the treatment of Alzheimer’s disease
- New MacBook Pros have smaller heatsinks due to supply chain issues
- Viruses associated with subsequent dementia and other neurodegenerative diseases
- Hockey World Cup: The Netherlands overtakes Australia for the bronze medal
- Study shows COVID-19 is the leading cause of death for children and teens in the United States
- Oregon women’s tennis falls 4-0 to Kansas to end an unlucky weekend | Sport
- WHO calls for more action to end cycles of poverty and stigma linked to tropical diseases
- Notre Dame football in top 8 for 2024 Florida wide receiver
- Putin threatened to send me an NRK Urix missile Foreign News and Documentaries