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PITB-SadaPay Ink MoU to facilitate eRozgaar Freelancers

Web Desk 08:30 PM | 13 Mar, 2020
PITB-SadaPay Ink MoU to facilitate eRozgaar Freelancers

LAHORE - The Punjab Information Technology Board (PITB) on Friday has signed a Memorandum of Understanding (MoU) with SadaPay, a digital mobile wallet company, to assist eRozgaar freelancers by providing them with easy and secure access to their monetary funds.

DG eGovernance PITB Sajid Latif and CEO SadaPay Brandon Timinsky signed the MoU on behalf of their respective organizations. Marketing Head SadaPay Muhammad Asad, Director Entrepreneur PITB Salman Amin, Senior Program Manager Ahmed Islam, Focal person Wishal Naveed and other senior officials were also present on this occasion.

While briefing, DG Sajid Latif said that eRozgaar is a joint project of PITB and Youth Affairs, Sports, Archeology & Tourism (YASAT) department and SadaPay will issue freelancer accounts to every e-Rozgaar graduate at no cost for the duration of this agreement along with customized debit cards with PITB printed logo. The MoU will be a game-changer for the eRozgaar community in Pakistan as till now more than 16,000 students have been graduated from 32 eRozgaar centres across Punjab with online earnings of more than 230 million PKR, he added.

CEO SadaPay Brandon Timinsky said that SadaPay has the best alternative for foreign transactions which will facilitate this process for our freelancers with minimal charges. E-Rozgaar Freelancers will be issued accounts and debit cards free of cost for three years and will not have any monthly or annual fees for an account or card issuance, and no IBFT fees for transfers below 10,000 PKR while the fee is 8 PKR for IBFT transfers from 10K to 250K PKR, he added.

Sada pay is scheduled for launching in Pakistan for the Digital payment system also for convenience for international remittance and especially creating an easy way to receive and withdraw earning for freelancers in Pakistan. The erozgaar community has welcomed this step as it will provide them with an alternate source to receive their income with very low deduction rate.

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Daily Pakistan Global Web Desk

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 03, 2023 (Friday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 272.25 273.25
Euro EUR 297.32 297.65
UK Pound Sterling GBP 333.31 333.61
U.A.E Dirham AED 73.03 73.33
Saudi Riyal SAR 71.49 71.80
Australian Dollar AUD 188.9 191.3
Bahrain Dinar BHD 712.73 720.73
Canadian Dollar CAD 200.95 203.15
China Yuan CNY 39.67 40.07
Danish Krone DKK 39.11 39.51
Hong Kong Dollar HKD 34.19 34.54
Indian Rupee INR 3.28 3.39
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 877.76 886.76
Malaysian Ringgit MYR 62.83 63.43
New Zealand Dollar NZD 173.25 175.25
Norwegians Krone NOK 26.76 27.09
Omani Riyal OMR 696.08 704.08
Qatari Riyal ‎QAR 73.62 74.32
Singapore Dollar SGD 204 206
Swedish Korona SEK 25.61 25.91
Swiss Franc CHF 291.69 294.19
Thai Bhat THB 8.15 8.3

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 212,900 on Friday. The price of 10 grams of 24k gold was recorded at Rs182,530.

Likewise, 10 grams of 22k gold were being traded for Rs167,318 while a single tola of 22-karat gold was being sold at Rs 195,157.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 212,900 PKR 2,420
Karachi PKR 212,900 PKR 2,420
Islamabad PKR 212,900 PKR 2,420
Peshawar PKR 212,900 PKR 2,420
Quetta PKR 212,900 PKR 2,420
Sialkot PKR 212,900 PKR 2,420
Attock PKR 212,900 PKR 2,420
Gujranwala PKR 212,900 PKR 2,420
Jehlum PKR 212,900 PKR 2,420
Multan PKR 212,900 PKR 2,420
Bahawalpur PKR 212,900 PKR 2,420
Gujrat PKR 212,900 PKR 2,420
Nawabshah PKR 212,900 PKR 2,420
Chakwal PKR 212,900 PKR 2,420
Hyderabad PKR 212,900 PKR 2,420
Nowshehra PKR 212,900 PKR 2,420
Sargodha PKR 212,900 PKR 2,420
Faisalabad PKR 212,900 PKR 2,420
Mirpur PKR 212,900 PKR 2,420

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