State Bank has denied the news of stopping the payment of Google Play Store.
KARACHI (Daily Pakistan Online) The news circulating regarding the suspension of payments to Google by the State Bank of Pakistan has been denied.
According to the details, the State Bank of Pakistan in its statement has called the news of the State Bank stopping payments to Google carried in some media organizations as baseless and misleading. Denies the claims, the fact is that certain IT related services purchased from abroad for personal use by the State Bank have been appropriated by the State Bank for the convenience of the local institutions which the concerned institutions can purchase from abroad for their own use. According to the statement, such services include use of satellite, transponder, international bandwidth, Internet, private line services, soft license, maintenance, support, electronic media and databases. Convenience is included.
According to a State Bank statement, during recent off-site audits, it has come to light that apart from transferring funds for their IT services, telcos have been collecting video from customers using airtime through Direct Carrier Billing (DCB). Also transferring more funds for gaming, and entertainment content etc. DCBs are actually payments that customers can transfer directly through their mobile phone carrier.
According to the statement, the telecoms companies were selling airtime directly to their customers and later transferring these payments abroad under the guise of IT services. State Bank has canceled all such payment authorizations from designated banks for telcos in respect of such payments. Resubmit applications.