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E-commerce in Pakistan

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introduction of the World Wide Web, almost all transactions can be carried out using a computer or mobile phone through proprietary software. Customers have the ability to purchase a wide range of products and services from various industries. Online trade or e-trade is one of the fastest emerging electronic commerce markets globally, Pakistan is enjoying the drive of e-commerce through its youth, rapidly growth proves their competency over latest approach and strategy. Besides its other innovations, E-trading is extending opportunities in the overall retail segment irrespective of business size; not only retailers are entering into the market for sell of products by applying different web portals, telecast selling through different TV channels has also been added by medium or large firms for direct sell to the consumer in addition to their web stores
128:, and bank payment methods. There was no dedicated online payment service operating in Pakistan, which was also not favorable for online buyers in Pakistan. However, the need was fulfilled to an extent with the launch of mobile payment systems in Pakistan. In October 2009, Telenor launched "Easypaisa" Mobile Account Service through which users could pay bills, transfer money domestically, internationally and even can save money in their Easy Paisa Mobile Account. It is no secret that Pakistan has one of the lowest literacy rates in the world and is suffering from an epidemic-level education and learning crisis. Currently the literacy rate of Pakistan is around 59%. Its adverse effects can also be seen in the field of information technology. 93:(ATMs), and other electronic appliances with or without using the internet. Online banking, e-tickets, share trading in stock exchange are few examples of e-commerce of modern advancement. The unique feature of online trading is that an investor logging in from anywhere, can conduct transactions with nearly any device, via the internet. Inexperienced Traders are also able to familiarize themselves with helpful investment tools, which are widely available on the internet. 146:
for customer satisfaction and operational efficiency is ensured at a marginal level. Web or phone-based sell/purchase of grocery covers a vast area with good volume and variety. In the recent past, a number of different online grocery stores have started in Pakistan by selling domestic consumer items like rice, lentils, daals, oils, fruit, and vegetables, including household and personal items e.g. washing powder, shampoos, and toothpaste.
117:"e-business" are often used interchangeably, they represent distinct concepts. E-commerce primarily involves three types of integration, whereas e-business entails four, making latter more complex. The e-marketplace is a form of e-commerce that facilities online trading and shopping, serving as a platform where buyers and sellers exchange goods, services, money or information. 22: 276:
joint manufactured goods or service modernization. The State Bank in its annual payment system review for the Financial year 2013-14 has disclosed that Pakistan shows its advancement towards quickly emergent international payments practices, with reasonable increase in usage of e-banking as recorded in Financial Year 2013-14.
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manufacturer. Electronic distribution of offer with the provision of transaction details – i.e., description of the offer, quality, cost, guarantee, validity, discounts, quantity etc. – is carried out through automated trade execution. Most commonly, three categories are well recognized under e-commerce, namely:
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The rise of e-payment products like e-wallets, m-wallets, multi-purpose cards and smart applications evolved by new technologies like Near Field Communications (NFC) cards and non-bank players like Payment System Operators (PSOs) and Payment System Providers (PSPs) are incoming to the marketplace for
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Central Depository Company (CDC) of Pakistan Limited has introduced e-Dividend service for stock market. This service provides transfer of dividend warrant and bonus issue of certificates electronically which saves time and expenses, by crediting cash or certificate in the bank account or investors’
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With the introduction of information technology (IT), e-commerce is producing new fast-growing areas like online buying and selling of financial instruments e.g. shares of public or private limited companies over the Internet, including the sale purchase of commodities, currencies, and gold. With the
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stability are all responsible for an increase or decrease in the value of investments. Therefore, trading in the shares market is regarded as an investment in “risk capital”. Strength to sustain this risk with careful planning results in reward and shareholders can receive the prospective return
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In Jan 2021 beginning, a joint venture, and online marketplace, namely leyjao claimed successful collaboration with the sellers during the covid-19 strenuous days, when shopkeepers were incapable of opening their shops during the lockdown, so they stepped in and support them to sell their essential
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To maintain the progress of active online customers, Pakistan’s pioneer e-commerce portal hosts more than 1.2 million distinctive visitors on its website every month and presents a selection of over 400 products and 16,000 merchandise. E-commerce is likely to develop at a fast rate if the challenge
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In Pakistan one can now print or Download PDF copy of Electricity Bill or its Duplicate copy by entering customer/consumer Account Number allotted by the concerned Electric Supply Company, in addition to lodging online complaints against power failure/shut down or other matters affiliated with the
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Per quarterly reports, 61.7 million transactions through ATMs with an increase of 10.2% in ATMS uses have been witnessed during 2013. The quarterly report of October–December 2014 also recorded 112.3 million of e-banking transactions with reported amount of Rs.8.8 trillion. Also users of internet
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capital with its plan to facilitate the citizens of Karachi to register online complaints that can be converted into First Information Reports (FIR) is another step towards online applications for the benefits of Pakistani people. This move by Karachi Police is replication of a similar project in
208:(ISE). An investor with a minimum amount of Pakistani Rupees 25,000/ to 1,00,000/ (or equivalent) can open an account with broker and do stock trade online. Online trading can be availed by resident and non-resident investors, subject to meeting criteria prescribed by the regulatory authority. 101:
The term e-trading (or electronic trading) covers a series of systems ranging from simple order transmission service to full-fledged trade execution. e-trade is location neutral and is scalable that mainly providing electronic orders executed from users to the system owned by the seller or
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E-commerce encompasses various commerce activities—such as the sale, purchase, transfer, or exchange of products, services, and information—carried out using electronic means and technologies. In a broader sense, it typically refers to online transactions. While the terms "e-commerce" and
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to its investor. Shareholder receives rewards when the company performs well and the value of shares goes up. But if the company does poorly, the share price falls down and the value of an investment will be reduced. Among other issues, the performance of shares market,
266:: SECP has introduced in capital market payment of fee through credit cards with a view to promote the paperless environment towards its e-commerce regime. This facilitates stakeholders submit returns/forms online without visiting banks or affiliated offices of SECP 149:
Many other sites have been established with the aim of fashion-oriented exports. Today a number of small and medium-scale online stores are conducting business across Pakistan with the delivery of purchased items at the doorstep of their consumers.
456: 230:: (Initial public offering) SECP has introduced the concept of e–IPO, i.e. electronic submission of subscription form, which enables the investors to make application for subscription of shares via internet. 649: 871: 301:. The FIR registration for recording citizens’ grievances through the internet without visiting police stations is an exemplary initiative for other mega cities of sub-continent. 452: 840: 810: 953: 576: 645: 222:
has taken some initiatives to have maximum domestic as well as foreign investment in Pakistan’s shares market. Listed below are some steps taken in this behalf:
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nation. In 2014, the LSE commenced an online training competition for participants to be trained and familiarized with the stock market.
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as the financial regulatory agency in Pakistan for their business. Online share trading in Pakistan is available in 3 stock markets
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mainly involves buying and selling goods, and services using internet or telephone, through the use of electronic means such as
1094: 949: 1099: 1104: 568: 112:(iii) Consumer-to-consumer (C2C) participants are individuals, with one serving as the buyer and the other as the seller 329: 537: 106:(i) Business-to-consumer (B2C) e-commerce: customers deal directly with the organization, avoiding any intermediaries 1058: 90: 205: 1006: 979: 1028: 709: 219: 197: 774: 599: 240: 201: 677: 744: 324: 919: 769:"Capital Market – Economic Survey of Pakistan". Islamabad: Finance Ministry of Pakistan. 2014: 8. 676:. Vol. I). Islamabad: Securities & Exchange Commission of Pakistan. 2005. pp. 6–7. 478: 298: 360: 431: 391: 622: 218:
To encourage the general public towards investment in stocks by availing online facilities,
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services in Pakistan, eCommerce business companies and merchants had to rely on
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4.1 to 4.6 of Vol-I (Pages 8-9) and Investor Guide – All You Need to Know
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Shares trading in stock exchange can provide reward and investment in
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and mobile banking hit 18.62 million in the period under reference
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with or without on line trading platform are required to observe the
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on their investment as much higher than that on other investments.
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E-commerce in Pakistan was first started in 2001. With the ban of
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Government's support to capital market for e-trading promotion
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relation between customer and power supplying company.
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is proactive in encouraging financial literacy in the
1003:"Karachi police: Online FIR registration launched" 895:"SBP reports robust growth in e-banking for FY14" 600:"Online grocery shopping on the rise in Pakistan" 154:goods, which were permitted during those days. 950:"e-banking transactions at Rs8.8trn in Oct-Dec" 430:. Lambert Academic Publishing. pp. 1–10. 194:Securities and Exchange Commission of Pakistan 569:"E-commerce expected to grow at a rapid pace" 8: 623:"Pakistani E-Commerce Ventures Look Global" 257:account with his stock broker respectively. 453:"Telenor Launches 'easypaisa' in Pakistan" 803:"LSE launches online trading competition" 59:Learn how and when to remove this message 956:from the original on September 19, 2015 367:from the original on September 24, 2015 351: 783: 772: 538:"E-commerce future bright in Pakistan" 415:(9th ed.). Cengage Learning, USA. 930:from the original on January 20, 2015 833:"CDC introduces 'e-Dividend' service" 813:from the original on October 30, 2015 673:Investor Guide – All You Need to Know 652:from the original on January 14, 2021 166:may increase in value besides paying 7: 1039:from the original on 18 August 2015 893:Staff Reporter (October 27, 2014). 579:from the original on April 11, 2015 548:from the original on March 16, 2015 508:"Pakistan - eCommerce | export.gov" 97:Electronic trading under e-commerce 874:from the original on July 26, 2015 843:from the original on March 4, 2016 644:Siraj Mehmood (January 13, 2021). 598:Steven Millward (April 18, 2014). 31:tone or style may not reflect the 14: 1009:from the original on July 4, 2015 982:from the original on July 5, 2015 390:. Sage Publications. p. 63. 359:Shabbir H. Kazmi (Nov 14, 1999). 459:from the original on 17 May 2024 41:guide to writing better articles 20: 1001:Staff Reporter (Dec 27, 2014). 680:from the original on 2020-02-05 518:from the original on 2019-09-13 489:from the original on 2024-02-23 451:GSMA, Media (17 October 2009). 567:Hassan Jawwad (Nov 30, 2014). 536:Shahram Haq (April 13, 2014). 479:"Education system in Pakistan" 1: 1029:"Duplicate Bill - K-Electric" 920:"E-banking transactions grow" 621:Adam Dawood (June 20, 2013). 428:E-Commerce (An Introduction) 862:Imaduddin (March 9, 2015). 330:Electronic trading platform 1121: 952:. The News. Feb 13, 2015. 801:Imaduddin (Feb 4, 2014). 188:All companies engaged in 91:automated teller machines 411:Schneider, Gray P. "1". 386:Joshi, Vasant C (2010). 361:"E-commerce in Pakistan" 206:Islamabad Stock Exchange 264:Payment by Credit Cards 1095:E-commerce in Pakistan 978:. Dawn. Dec 29, 2014. 782:Cite journal requires 363:. Pakistan Economist. 220:Government of Pakistan 198:Karachi Stock Exchange 158:Investment and finance 715:on September 24, 2015 426:Amir Manzoor (2010). 241:Lahore Stock Exchange 202:Lahore Stock Exchange 1100:Business in Pakistan 254:e-Dividend' service: 75:Pakistan's e-trading 1105:Economy of Pakistan 976:"Online complaints" 750:on February 9, 2015 542:The Express Tribune 413:Electronic Commerce 325:Electronic business 1059:"Check Lesco Bill" 926:. April 12, 2014. 299:Khyber Pakhtunkhwa 237:Financial Literacy 1069:on 10 August 2015 868:Business Recorder 837:Business Recorder 807:Business Recorder 437:978-3-8433-7030-1 397:978-81-321-0245-8 305:Duplicate billing 284:Online complaints 175:environment, and 71:National industry 69: 68: 61: 35:used on Knowledge 33:encyclopedic tone 1112: 1079: 1078: 1076: 1074: 1065:. 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Index

encyclopedic tone
guide to writing better articles
Learn how and when to remove this message
computer
fax machine
cellular phone
automated teller machines
PayPal
cash on delivery
stocks
dividends
economic
political
stock trading
Securities and Exchange Commission of Pakistan
Karachi Stock Exchange
Lahore Stock Exchange
Islamabad Stock Exchange
Government of Pakistan
Lahore Stock Exchange
South Asian
Karachi Police
Sindh
Khyber Pakhtunkhwa
Brokerage firm
Electronic business
Electronic trading platform
Kaymu Pakistan
Open outcry
"E-commerce in Pakistan"

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