P2P
⭐ Issues with P2P transactions in Pakistan and their solutions ⭐
⚠️ 1. The biggest problem: freezing of bank accounts
✖️ The biggest concern during peer-to-peer (P2P) transactions in Pakistan is the freezing of bank accounts.
✔️ This problem mostly arises when misunderstandings occur regarding verification requirements between buyers and merchants.
🛡️ 2. Verification issues
👨👩👦 Many Pakistani users become worried when merchants ask for additional verification, such as:
👤 Copy of CNIC
📸 Selfie or video
📄 Other necessary documents
❓ Users say:
"If I have already completed KYC on the platform, why do I need to verify again?"
🚫 Many buyers consider this request a question of their honesty, which leads to unnecessary disputes.
🔒 3. Freezing of fraudulent transactions and linked accounts
💰 If a scammer conducts a transaction fraudulently and their bank account gets flagged, all associated accounts may also be under investigation.
🛑 Conclusion: Innocent users' accounts can also be blocked!
🛡️ This is why merchants adopt extra precautions to ensure their own safety and provide security to buyers.
💡 4. Issue of impatience
🗓 Many buyers expect an immediate response, and if the merchant does not respond within 10-15 minutes, they immediately file a complaint or dispute.
⛔ Problem: Buyers forget that merchants are handling multiple transactions at once.
🔍 What is the solution to this problem?
✔ Be patient and show cooperation.
✔ Read the merchant's terms and conditions carefully before making a transaction.
✔ If the merchant asks for additional verification, cooperate. It is necessary for your security.
✔ Give merchants time to respond and do not immediately file a dispute.
💸 If these points are followed, the risk of account freezing can be reduced and the experience of P2P transactions can be improved