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imageISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has taken another step towards paperless environment by introducing the facility of paying fee through credit cards in its eServices regime.

By using the eServices system, stakeholders can now complete all requirements including payment of fee through Credit Cards, and submit returns/forms online without any need to visit the bank or any SECP's company registration office, said an SECP press statement on Monday.

This is a huge initiative by the SECP which will result in enormous benefits to the corporate sector, and speed up processing times.

The SECP has been actively pursuing this initiative for some time and is finally able to provide it to its stakeholders.

Online payment guide has been made available on the SECP website at http://www.secp.gov.pk/Guides/2015/eServices%20Online%20Payment%20Guide.pdf for information.

The SECP has also added United Bank Limited (UBL) branch banking for payment of its fee, whereby designated branches of UBL will accept payment of SECP challans. Earlier, challans could only be deposited in designated branches of MCB Bank only.

Copyright APP (Associated Press of Pakistan), 2015

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