Issues with P2P Transactions in Pakistan and Their Solutions
1. The Biggest Problem: Bank Account Freezes
One of the biggest challenges in peer-to-peer (P2P) transactions in Pakistan is the freezing of bank accounts. This usually happens due to misunderstandings between buyers and verified merchants regarding verification requirements.
2. Verification Hassles
Many Pakistani users get frustrated when merchants ask for additional verification, such as:
CNIC copies
Selfies
Video confirmations
Other necessary documents
Buyers often question, "If I’ve already completed KYC on the platform, why do I need to verify again?" This additional verification sometimes feels like a lack of trust, leading to unnecessary disputes.
3. Fraudulent Transactions & Linked Account Freezes
If a scammer makes a fraudulent transaction and their account gets flagged, all linked accounts may also come under investigation. This can lead to innocent users getting blocked. To avoid this, merchants take extra precautions to ensure both their safety and the buyers’.
4. The Issue of Impatience
Many buyers expect an instant response, and if a merchant doesn’t reply within 10-15 minutes, they immediately file a complaint or dispute. What they forget is that merchants are handling multiple transactions at the same time.
How to Solve These Issues?
✅ Practice Patience & Cooperation – A little understanding goes a long way.
✅ Read Merchant Terms Before Transactions – Know the rules to avoid misunderstandings.
✅ Cooperate with Additional Verification – It’s there for security and transparency.
✅ Give Merchants Time to Respond – Avoid raising disputes too quickly.
By following these simple steps, the risk of account freezes can be minimized, and the P2P transaction experience in Pakistan can become much smoother.
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