Freelancers in Pakistan will now have access to Google Pay. Will it matter?
The freelancing market in Pakistan is bigger than we realise. With low pays particularly in the software field, a number of young professionals have slowly drifted away from 9-5 jobs and have started working as self-employed individuals. Many of these professionals use platforms such as #Upwork and #Fivver and work for foreign clients. These clients find cheaper labour in markets like Pakistan and pay in foreign currency which is a win-win equation for both sides.
Freelancers in Pakistan earned around $400 million in both 2021 and in 2022. This accounts for about 15% of Pakistan’s total $2.6 billion. Pakistan stands at 4th position due to a rising number of qualified graduates who are working by freelancing their expertise
This is clearly good news for freelancers, and the initial response also indicates something similar. The question is, however, just how much of an impact will this have? For starters, most freelancers use platforms to find jobs. These are places such as fivver and Upwork. On these platforms, a person can link their bank account and the platform ensures that clients pay up in a timely manner.
What Do you Think on that ?
