e-trade is location neutral and is scalable that mainly providing electronic orders executed from users to the system owned by the seller or manufacturer.
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.
With the ban of PayPal services in Pakistan, eCommerce business companies and merchants had to rely on cash on delivery, and bank payment methods.
[6] 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.
[8] 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.
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.
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.
Listed below are some steps taken in this behalf: 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 joint manufactured goods or service modernization.
[23] 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.
[24] 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 relation between customer and power supplying company.