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SBP Rebuts Reports of Holding Payments to Google

KARACHI – The State Bank of Pakistan (SBP) has rejected media reports as “baseless and misleading” about holding certain payments to Google.

The response from the central bank comes after reports surfaced that Google Play Store services will not be available to Pakistani users from December 1 as the SBP blocked $34 million in payments to the international service providers by suspending direct carrier billing (DCB) mechanism.

Later, Information Technology and Telecommunication Minister Syed Aminul Haque clarified that free Google Play Store services will continue to available to the Pakistani users. He also vowed to take up the matter with the Ministry of Finance to revert the decision of suspending payments to the international providers.

In a official statement, the SBP strongly refuted all such assertions and also explained that it has taken some steps to facilitate the domestic entities.