First of all, political mutual trust is a solid foundation for cooperation between the two sides. Secondly, from the market point of view, Pakistan's infrastructure construction has developed rapidly, providing a development foundation for related manufacturing industries.
At the same time, Pakistan has a population of nearly 200 million, a large market capacity and low labor costs.
Third, the equipment of related enterprises in Pakistan is relatively backward, and the market development space is huge.
Fourthly, finally, the security environment in Pakistan has improved significantly. Therefore, more and more enterprises choose to enter this blue ocean.
Disadvantages: 98% to 99% consumers in Pakistan are used to cash on delivery, and the rest will use credit cards and savings cards. With the arrival of payment companies, some consumers are gradually changing their payment methods. For cross-border e-commerce sellers who have a mature e-commerce market all the year round, it may be difficult to accept cash on delivery, which means that sellers need to bear corresponding financial risks.
In Pakistan, the international credit card penetration rate is extremely low, only 0.26%. Because global shopping with US dollars may generate a premium of 10- 15%, consumers need to bear higher costs when buying international goods. This has also promoted the popularization and use of local instant payment methods in cross-border shopping. DLocal local acquiring service is specially designed for Pakistan's social and economic environment, and can provide customers with familiar instant payment methods, such as bank transfer and e-wallet. DLocal supports Pakistani rupee (PKR) payment, which can avoid the challenge brought by currency fluctuation, and can also conduct transactions in the currency of your choice through the dynamic foreign exchange function.