Aspiring Entrepreneurs face a lot of problems in Pakistan.When one begins an entrepreneurial venture he faces problems which are virtually non existent in the developed countries or in the emerging markets like India And China.Overcoming these problems require a lot of perseverance and patience and many people give up their dream of becoming a entrepreneur when they see a huge list of problems they have to overcome to realize their dreams.
The only problem which needs to be addressed is that you cannot make a deposit in any of the branch.Mostly only the branches which are located in large commercial centers offer this facility.MCB needs to make sure that all of their branches have this facility to truly make lite card the first choice of making online payments in Pakistan.
Solution
One of the problems is how to make an online payment.When you want to build your own website you need to have a method of paying online so that you can buy a theme of your choice or promote your page on Facebook or run ads on Google,however none of the debit cards issued by the Banks of Pakistan are accepted online either by Facebook or Google and majority of the aspiring entrepreneurs at the start of their venture cannot afford a Credit Card which requires minimum bank statement of PKR 1 lac rupees.Disappointed by this situation the passion fades out and many of the bright ideas are shelved,however in recent times a solution has emerged which solves the problem of making online payments in Pakistan.It is also helpful in a sense that it does not require you to have a bank account and any individual can own it.The name of this payment solution is MCB Lite card.Lite Card is accepted by almost all of social networking sites which enables us to promote our start up and reach a large number of audience in a very short span.Process
All you have to do is to fill an online application form which is available on the official site of Muslim Commercial Bank (MCB) and submit it.After 2-3 working days you will receive a message with a link to enter your pin and mobile number online.After online verification of your pin and cell phone number your card will be delivered to you in 10-15 working days.You will have to deposit Rs 1160 activation charges in your nearest MCB branch after which you can use your card online by depositing the amount you wish too use online.MCB lite can also be used as a regular ATM card for shopping,paying Utility Bills,making donations and much more.This innovation works with all of the five telecom companies in Pakistan and runs on all internet enables smart phones.The only problem which needs to be addressed is that you cannot make a deposit in any of the branch.Mostly only the branches which are located in large commercial centers offer this facility.MCB needs to make sure that all of their branches have this facility to truly make lite card the first choice of making online payments in Pakistan.