Pakistan’s IT start-ups, freelancers struggle with payment barriers despite record exports

ISLAMABAD: Pakistan’s IT start-ups and freelancers said this week they continue to face crippling payment barriers and shrinking funding despite record export growth, warning that missing global payment platforms and complex banking processes are holding back one of the country’s fastest-growing sectors. Pakistan’s IT exports hit a historic $3.8 billion in FY 2024–25, up from $3.2 billion the previous year, marking an 18 percent year-on-year increase, according to the Pakistan Software Export Board (PSEB).

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